PwC report says there will be an addition of
$1.76 trillion to global GDP by 2025 heralded by blockchain where DeFi will
have a major role to play. At the time of writing, DeFi has contributed $77.66
billion to the cryptosphere by riding on a 2.7 million investment driven by
institutions and hedge-fund owners like dHEDGE investors Framework Ventures,
DeFiance Capital, Divergence Ventures but the vision for mass adoption requires
the next billion population to enter the DeFi space for a trillion dollar contribution.
The contentious issues nevertheless are obstacles
to massive adoption. CeFi and DeFi have different approaches. On one hand where
CeFi rides on convenience, DeFi has innovated CeFi products but the convenience
part though existent is beyond the scope of general understanding.
MassDeFi, a decentralized lending and borrowing
protocol is designed by combining the best of both CeFi and DeFi worlds to
bring that understanding in the picture. It will unravel a revolution to onboard the next billion users
in DeFi space by following the path of least resistance.
For that purpose, Mass Defi is unleashing goals
of massive mass adoption by building world-in class financial products. The
product development cycle has given due diligence to a user-first approach simplifying onboarding,
and engagement in just a click of a button.
MassDeFi on
Binance Smart Chain(BSC) Resolving High Fee Challenges of Investors/Borrowers
Obstructing Adoption
One of the prime concerns of DeFi users are high
gas fees paid on Ethereum blockchain. In order to help resolve that, MassDeFi
launched on BSC make expenditure lucrative by riding on;
MZero
MZero, a product that does not let you miss the
upside of your crypto. Buy your utilities mortgaging your crypto but with the
advantage of withdrawing them any moment to exploit the market upside.
MBL
MBL allows you to deposit your crypto in MassDeFi
vault/smart contract and get money directly credited to your bank account in
fiat form.
Mass Crypto Loans
Mass Crypto Loan allows you to stake your crypto
in MassDeFi vault and get fiat or other crypto in exchange for the crypto you
staked/mortgaged.
Credit cards
MassDeFiÂs credit card allows users to use crypto for utility in the real world via crypto credit cards. These credit cards are accepted at POS and e-commerce stores.
Attracting
Investors With 3x to 4x Promise on Their
Returns
Mass Stable Yield
(MSY)
MassDeFi has provision for stable yields on
deposits. Investors that prefer to avoid
risk can pledge their crypto in MassDeFi vault/smart contract for stable
returns by investing in stable coins liquidity pools.
Mass Direct Yield
(MDY)
MassDeFi by partnering with NEO banks allows investors to have fiat to invest in MassDeFi liquidity pools. The investors get their crypto returns converted directly into fiat which they can withdraw from these partner banks.
Mass Compound
Yield
Mass DeFi algorithmically allocates the vault funds via smart contract to put it in the best liquidity pools with high returns. The investors or stakers can withdraw their funds(Principal + Interest) and invest in other liquidity pools with better returns to enjoy compounding returns. The interests can be harvested/transferred directly to the bank account following MassDeFi NEO bank partnership.
Conclusion
MassDeFiÂs goal is to give maximum convenience
that users are getting in CeFi along with high yields that crypto users are getting
in DeFi. When convenience, better returns, and automation via technology will
simultaneously occur, it will attract the next billion users who have so far
considered DeFi to be the technology for the nerds.