What is DeFiato?
Due to its decentralised nature, the current process of accessing DeFi is a long and complex one, with multiple parties involved. This results in substantial technical barriers and financial risks which deter mainstream users from participating. It is with this in mind that DeFiato was founded – to create an easy-to-use, secure platform for anyone to access and gain from DeFi solutions.
With DeFiato, users can choose to deposit fiat or cryptocurrency safely and gain access to hundreds of defi services without needing to navigate the complex and risky process of deposits, withdrawals, swaps and bridges.
DeFiato streamlines the entire process with its aggregated, centralised system and allows end-users to swap, stake, provide and even farm crypto with just one click. Using DeFiato removes human errors or security compromises on the user end as they carry out this otherwise cumbersome process.
—
Why use DeFiato?
DeFiato is a centralised platform in a decentralised space and it stands out in 5 ways:
One platform for your end-to-end DeFi needs
DeFiato will be introducing fiat on and off ramp in the near future. This means that users can transfer fiat from their bank to purchase stable coins, swap them for their desired tokens and start earning rewards – all on DeFiato. And when users decide to cash out, they will be able to do so seamlessly without leaving the platform.
More established chains like Bitcoin or Ethereum can require some time for transactions to be completed, but on DeFiato, selected transactions such as swaps are completed centrally, making it much quicker compared to on-chain.
Peace of mind with exchange-grade custody service
A major concern that users have is security over their tokens. That is why DeFiato ensures institutional grade custody, securing funds in a way that most DeFi users (Metamask, IMToken, BSC Wallet) cannot achieve on their own due to potential cyber attacks.
DeFiato is also working on providing analytics and actionable insights, and its upcoming partnership with Nexus Mutual, will insure against smart contract failures and exchange hacks.
Leading cross-chain aggregator
The platform currently supports Ethereum (ETH), Binance Smart Chain (BSC), Polygon (MATIC) and Avalanche (AVAX), with Solana (SOL) soon to be onboarded. On a single platform, users can simply deposit their crypto assets (e.g. USDT) from one chain, and immediately be able to earn rewards from various farms on any chain supported by the platform, hence reducing touch points such as bridges/wormholes that could result in human error and cyber attacks.
Beginner-friendly and intuitive interface
DeFiato’s simple and intuitive interface is a perfect entry point into the DeFi world. Not having to navigate technical terms allows for a much easier experience using tools typically handled by experienced users.
Users can also contact DeFiato’s customer agents at any time, and access training using materials from the knowledge hub.
Analytics and insights for better decision making
DeFiato provides analytics and actionable insights so you can constantly optimise your portfolio. This keeps you a step ahead of other users, allowing you to spot opportunities before they become obvious to users of other platforms.
—
Don’t wait any longer, start earning rewards for your crypto holdings with DeFiato today.
Glossary
DeFi: Decentralised finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services.
Staking: Staking is the act of locking cryptocurrencies to receive rewards. It involves holding funds in a cryptocurrency wallet to support the security and operations of a blockchain network.
Yield Farming: Yield Farming involves lending or staking cryptocurrency in exchange for interest and other rewards.
—
Get to know us better from our official Socials.
Please note that any other link that claims to be DeFiato should not be trusted. We will only give updates via our official portals.
Website: https://defiato.com/
Telegram: https://t.me/DeFiato
Announcement: https://t.me/DefiatoChannel
Twitter: https://twitter.com/DeFiatoOfficial
DeFiato – Let’s Farm and Forget.