Artem Finance - You can lend all kinds of cryptocurrencies

hointo (25)in #blockchain • 4 years ago (edited)

PRESENTATION

The financial market has been in existence for a long time now. Financial markets refer to any marketplace where the trading and lending of securities occurs, including the stock market, bond market, forex market, and derivatives market, among others.

From its inception, the financial lending market has played a unique role in the development of the world economy. The financial lending market has also helped tackle the issue of unemployment as it has created a lot of employment opportunities. Moreso, it allows companies and individuals to access their needed capital easily and seamlessly.

An overview of Artem Finance Ecosystem

Artem Finance lending is cryptocurrency lending service where a user can lend cryptocurrency for a certain period to Artem Finance by agreeing on the loan contract agreement. Upon expiration or termination of the agreement, Coincheck will return cryptocurrency with annual % rate on top of it.

Artem Finance ecosystem is a blockchain based project which combines both the investing and the lending together. The combination of both market together will make them more attractive and interesting.

The main aim of this project is to make participation in the financial market easier, seamless and more profitable.

The Artem Finance ecosystem is a very unique platform created to satisfy the qualities of lending and investing platform with numerous advantages.

When borrowing in an Artem Finance platform, security and privacy are always considered on the platform, with the aid of blockchain Artem Finance has provided a high level of security and privacy for it users on the platform.

Artem Finance has also provided a 24 hour online support service for its users.

Artem Finance allows for quick staking and lending of funds.

Artem Finance has provided multiple payment gateways for lending such as cryptocurrency.
Inexperience will not be an issue when lending with Artem Finance as it has made available a tool to lend to others.

Moreso, Artem Finance has provided diverse asset for lending.

ARTT Token

ARTT token is an ERC-20 token which is used to facilitate operations in Artem Finance ecosystem
Currently its price is 1.2 USD. Artem Finance aims to make it 12 USD in the coming years.
The Artem Finance ecosystem aims to add other platforms to its ecosystem in the nearest future

Finally, notice that Artem Finance Lending is not subject to the Payment Services Act. Hence, lent cryptocurrencies are not managed as segregated funds.
The price of the cryptocurrency is always fluctuating. The price when you lent cryptocurrency and price when you sell is different. Please be aware there’s always a risk.
To use Artem Finance Lending, please note that the user must agree with the consumption loan agreement, which is an unsecured contract. Hence, users have a risk of not being able to receive lent cryptocurrencies in a case when Artem Finance bankrupt.
Users are prohibited from selling or sending lent cryptocurrencies until the end of a term or when Artem Finance decides to return it.
This service is not a deposit item, it is not subject to deposit insurance.