TraDAO Looks To Become First Protocol To Be Compatible With DeFi 2.0 And Web 3.0
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
TraDAO Protocol is a community protocol with a high level of security, user awareness, capital efficiency, and effective liquidity mining. It entails making a lot of money via initial offerings, generating vast amounts of rebase rewards, and taking advantage of the secondary bond market. This innovative and seemingly profitable product is now available to all Trava Knights.
Trava Finance is the planet’s very first fully decentralized marketplace meant to be used for the purposes of cross-chain lending. Unlike many other approaches which are often restrictive, Trava provides a flexible mechanism through which consumers may design and manage their own respective lending pools in order to begin a lending business. Lastly, Trava is deployed on BSC and enables lending with various BSC tokens before allowing cross-chain lending with numerous tokens on Ethereum alongside all sorts of other blockchain networks.
In terms of what it is, TraDAO is the world's inaugural protocol to offer multi-chain deployment in DeFi 2.0, as well as being Web 3.0 compliant. It therefore involves Protocol Owned Liquidity (POL), accruing value through Trava Treasury-regulated operations like bonding along with auto-compound staking. Also, as a product in the Trava ecosystem, the liquidity controlled by the protocol might be put in the Trava Lending Pool to produce extra profit, which will be subsequently shared amongst those in the Trava ecosystem.
Additionally, the TraDAO Protocol shall create a decentralized reserve currency known as TOD. The TOD token is supported via a basket of assets in the Trava Treasury, ensuring that it does not fall beneath its initial value
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