Unveiling an intuitive cross-chain DeFi aggregation engine
The rise of DeFi to become one of the hottest sectors in the crypto industry was mind-boggling. Millions of dollars are staked, traded, and mined on these advanced financial protocols and applications every day. Decentralized exchanges, or DEXs as we call them, are home to a significant chunk of it.
Liquidity is key to the growth of the crypto industry as a whole. While Ethereum ruled the world of DEXs during the sprouting phase of DeFi, new protocols and networks have sprung up in recent times. Today, they drive the DeFi revolution, catering to its growth and diversification in their own unique ways.
To put it in other words, the present DeFi ecosystem is essentially segregated. There is no reliable technology that holds them together or leverages their combined potential. Fragmented liquidity remains a hurdle to the growth of the crypto industry.
Interoperable DeFi: The need of the hour
If DeFi is to stand a chance against its financial counterparts and deliver its grandeur promises at a large scale, the lack of interoperability between DeFi protocols, networks, and applications has to be addressed. No single protocol can support all DeFi use cases. They have to work in tandem to enable and expand their functionalities.
Seize the best of DeFi with Asva Finance
Asva Finance is fueled by Asva Labs, the world’s pioneer platform to develop next-gen interoperable applications for DeFi, NFTs, and metaverse. Being one of the premier projects rolled out by Asva Labs, Asva Finance features an inventive suite of tools, all designed to equip users to make the best of DeFi protocols and ecosystems.
As a next-gen cross-chain DeFi aggregation engine, Asva Finance taps the combined potential of DeFi protocols from across multiple blockchains. The nifty interoperable DeFi dashboard offers a wide range of unique cross-chain financial use cases like liquidity aggregation, lending, yield farming, and asset management. Asva Finance advanced routing mechanism fetches the best rates from across different protocols on one single interface.
Asva Finance will make DeFi accessible to all users, regardless of their technical know-how.
We have listed below the unique functionalities offered by Asva Finance that will step up your DeFi game.
1.Interoperable DeFi dashboard
Asva Finance features a full-fledged DeFi dashboard that lets you monitor all your DeFi transactions from one interface. Existing web3 libraries are leveraged to integrate liquidity pools from various protocols and enable cross-chain money market use cases such as lending, borrowing, yield farming, and asset management here.
2. Portfolio management
DeFi portfolio management gets easier and faster with Asva. In the present scenario, you need to juggle exchanges and applications to make a single transaction. Asva Finance simplifies this by giving you a birds-eye view into all markets and protocols like Compound, Uniswap, and Maker. Make optimized decisions on time and get the best of all worlds, as easy as that.
3. Smart yield farming
Asva smart yield aggregator gives users the opportunity to maximize their returns. With Asva yield aggregator, users will be able to stake their liquidity provider tokens and earn extra rewards on top of their existing transaction fees. It will allow novice users to seamlessly leverage underlying protocols for efficient yield farming strategies.
Automated portfolio rebalancing, gas savings with high transaction speed, and a diversified portfolio for optimized yield farming are some of the features that set apart Asva yield aggregator.
4. Cross-chain trades
Existing DeFi solutions are chain-specific. Asva, being a parachain of Polkadot, enables native cross-chain settlements and crypto trading in a chain agnostic manner. Asva proposes to tap the on-chain liquidity of all Polkadot-supported chains and offer multiple interoperable financial use cases.
5. Smart lending and borrowing
Pushing the frontiers of DeFi, while retaining the essence of the on-chain ecosystem, Asva utilizes decentralized oracles like Chainlink and Band Protocol to facilitate crypto lending and borrowing. The best lending and borrowing services from platforms like Compound, Maker, AAVE are aggregated on Asva Finance by leveraging the existing open-source APIs.
Bid goodbye to FOMO
It is a well-known secret that the fragmented existence of the DeFi industry tires users at times. Different prices, transaction fees, and interest rates put users under a lot of pressure. In the present circumstances, users don’t have access to information to leverage the optimum yield on their assets. As the cost and yield fluctuate, assets are moved from one platform to another on a regular basis.
With Asva Finance, you can zoom out of individual liquidity pools on individual protocols to get a bigger picture of the market. The advanced cross-chain routing mechanism on Asva Finance will offer the best rates to users for all the services they avail from a simple user-friendly interface. Even if you have a favourite DEX or pool, it is always nice to have all the options laid out in front of you for better judgement.
Moreover, Asva Finance is inherently non-custodial. This essentially means that although Asva Finance will support multiple Web3 wallets, it will not claim ownership to assets. The dashboard merely tracks the positions of assets in their wallets. The protocol never asks users to deposit their assets into Asva Finance.
$ASVA token economy
$ASVA is the native token of the Asva Labs ecosystem. It plays an integral role on all Asva platforms by facilitating transactions, incentivization, and governance.
On Asva Finance, $ASVA carries out cross-chain functionalities like swapping, staking, and liquidity mining.
$ASVA token is used as reward tokens to incentivize block validation on the Asva network. $ASVA tokens will be listed on major DEXs and CEXs so that you can purchase them for fiat or cryptocurrencies. However, there are other ways you can get $ASVA tokens. You can participate in our token sales for starters. And, if you are lucky, you may even get them airdropped into your wallet.
The Road Ahead
Cross-chain solutions will be the next big thing in the DeFi industry. Driven by a skilled team of crypto enthusiasts, a staunch community of followers, and investors, Asva Finance will help users utilize the DeFi burgeoning to their favour and set the stage for the mass adoption of crypto.
Asva Finance is gearing up for its IDO. As you know, timing is everything in investment. Learn more about the project beforehand and see for yourself what it is worth.
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