What is ETNA Network (ETNA) | What is ETNA Network token | What is ETNA token

What is ETNA Network (ETNA) | What is ETNA Network token | What is ETNA token

Etna’s lending feature allow users to take out collateralized loans at fix interest rates or variable interest rates. Leveraging on ETNA Tokens, users would further be able to fully or partially cancel out interest fees on any active loans. That means, ZERO INTEREST Loans are no longer a dream. What is ETNA Network (ETNA) | What is ETNA Network token | What is ETNA token

In this article, we'll discuss information about the ETNA Network project and ETNA token. Let's go!

In the Greek Mythology, Cyclops made their home on Mount Etna, hence the name was a perfect fit for Cyclops Finance’s migration onto BSC. Etna is a Decentralized Lending system that allows users to lend, borrow with ease whilst combining it with a Broker-buyer type marketplace.

Etna’s lending feature allow users to take out collateralized loans at fix interest rates or variable interest rates. Leveraging on ETNA Tokens, users would further be able to fully or partially cancel out interest fees on any active loans. That means, ZERO INTEREST Loans are no longer a dream.

Lending/borrowing feature also allows the use of whitelisted NFTs as collateral for loans.(Feature to be developed in the future)

WHY ETNA?

OUR TECH

Our DeFi technology is a combination of the two largest DeFi-type applications, these application are as follows:

• Lending and borrowing: ETNA offer users a lending and borrowing feature.

• A hybrid crypto marketplace: A combination of the conventional liquidity DEX protocol and a Broker-Buyer type trading mechanism.

OUR PEOPLE

ETNA have been working closely with highly experienced blockchain developer and team members. Key members of the team include:

• Development Lead and Consultant: Working with professional blockchain developer.

• Architecture and Scalability Optimization Engineer: Working with experience Architecture Engineer.

• Co-Founder and CEO: With a Masters degree in applied mathematics and a background in engineering.

Etna’s Aim and Approach

Cyclops Finance is currently running on the Ethereum Protocol. However, with High gas fees and slow confirmation times raining on the parade, a venture into the cost-effective and high speed BSC seemed like a no-brainer.

With Oxbull.Tech’s assistance, Etna now aims to raise 3,000 BNB (Soft cap 1,000 BNB) worth of funding to aid in staff expansion as well as development in the areas of:

  • Platform Rebranding

  • Crypto License application

  • Integration of payment gateway

  • Development of the Broker-Buyer marketplace Hybrid model

  • Development of an all-in-one Mobile app/wallet

Tokenomics

  • Team’s allocation is locked for 2 years, 5% emission quarterly after 2 years
  • Partnership and development fund is locked up. Max. of 10% can be emitted at a time and on community vote
  • Foundation allocation is locked. Committee is set and community votes for any unlock
  • Remaining Pre-sale tokens to be burnt in the event where Soft Cap is not met. Listing will continue to be done, but a a lower Market Cap Value.

Etna’s Current Roadmap Q1 sees the following:

  • Token Presale, and migration to BSC
  • Listing on DEXs and CEXs
  • Deployment of Lending and Borrowing platform on BSC
  • Integration of Liquidity-Earn Yield Farming feature
  • Leveraging Feature for interest fee reduction/cancellation
  • Platform rebranding
  • Partnership and Expansion

Source : https://www.youtube.com/watch?v=T1Xb6aY1yHE

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy ETNA Network (ETNA)?

ETNA has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy ETNA

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)...

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since ETNA is an altcoin we need to transfer our coins to an exchange that ETNA can be traded. Below is a list of exchanges that offers to trade ETNA in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase ETNA from the exchange: PancakeSwap

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once ETNA gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

https://www.binance.comhttps://www.bittrex.comhttps://www.poloniex.comhttps://www.bitfinex.comhttps://www.huobi.comhttps://www.mxc.aihttps://www.probit.comhttps://www.gate.iohttps://www.coinbase.com

Find more information ETNA

WebsiteExplorerWhitepaperSocial ChannelSocial Channel 2Coinmarketcap

🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Don’t hesitate to let me know if you intend to give a little extra bonus to this article. I highly appreciate your actions!

Wallet address: BTC: 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c USDT: 0xfee027e0acfa386809eca0276dab286900d75ad7 DOGE: DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ

I hope this post will help you. If you liked this, please comments and sharing it with others. Thank you!

bitcoin crypto etna etna network

Bootstrap 5 Complete Course with Examples

Bootstrap 5 Tutorial - Bootstrap 5 Crash Course for Beginners

Nest.JS Tutorial for Beginners

Hello Vue 3: A First Look at Vue 3 and the Composition API

Building a simple Applications with Vue 3

Deno Crash Course: Explore Deno and Create a full REST API with Deno

How to Build a Real-time Chat App with Deno and WebSockets

Convert HTML to Markdown Online

HTML entity encoder decoder Online

Local Bitcoin Clone launch a trending business in crypto platform

Buy and Sell Bitcoins locally and without any centralized exchange, either for hard cash or other Altcoins with Local Bitcoins. With well-rounded features such as multiple coin support, wallet creation, escrow support to provide amiable service for both buyer and seller. Create your own Bitcoin Advertisement to sell your coins faster than ever.

Elrond eGLD, Cardano NFT, Secret Network, Bitcoin, and more! // Crypto Over Coffee

In this episode of Crypto Over Coffee, Hashoshi breaks down the huge Elrond eGLD announcement regarding the Elrond exchange and the native governance token MEX. Also discussed is the Secret Network and its new privacy preserving NFT standard, Bitcoin price analysis, Cardano NFT projects, and the crypto bull run!

As Bitcoin Grows, So Do Crypto Scams

The amount that Bitcoin has grown in recent years is staggering. In around a decade or so, it has gone from a relatively unknown asset to an incredibly popular and valuable cryptocurrency that has made front-page headlines across the world. It has shown a lot of promise and potential in both finance and tech.

The Rise and Rise of Bitcoin | DOCUMENTARY | Bitcoins | Blockchain | Crypto News | Digital Cash

Crypto Currency Documentary: The Rise and Rise of Bitcoin - A computer programmer becomes fascinated with the digital currency Bitcoin, and through his involvement in the Bitcoin community, we learn about the impending global impact of this amazing new technology.

What is PAID Network (PAID) | What is PAID Network token | What is PAID token | PAID Network ICO

PAID Network is an ecosystem DAPP that leverages blockchain technology to deliver DeFi powered SMART Agreements to make business exponentially more efficient. We allow users to create their own policy, to ensure they Get PAID. What is PAID Network (PAID) | What is PAID Network token | What is PAID token | PAID Network ICO