PLEDGE FINANCE ANN
160 subscribers
218 photos
8 videos
248 links
This group is the OFFICIAL Pledge Finance news announcement channel
Download Telegram
Pledge has introduced a novel liquidity curve based on the logit function which is relatively flat in the middle to greatly reduce slippage.โšก๏ธ

๐Ÿ—ฃSpread the word : https://bit.ly/2YBlX0J

๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
#PLGR #SmartLoan #DeFi #BSC

Did you know?๐Ÿค”

Pledge utilizes the Binance Smart chain for fast, low-cost transactions while accessing a deep network of wrapped tokens and liquidity.

๐Ÿ—ฃSpread the word: https://bit.ly/3oKsS2m

๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
Pledge enables each loan term (interest rate, maturity) to be fixed when the loan is made, avoiding interest rate volatility for long-term loans.โšก๏ธ

๐Ÿ” Spread the word: https://bit.ly/2YLeU5F
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
Users can supply stablecoins to Pledge Protocol, participate as lenders & receive pTokens (e.g. deposit $BUSD to receive pBUSD). These can be used to redeem a fixed amount of stablecoins at a specific point in the future.โšก๏ธ

๐Ÿ” Spread the word: https://bit.ly/3FGMXwv
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
Pledge protocol is on BSC, and it facilitates fixed-rate, fixed-term crypto asset lending and borrowing using pTokens. pToken offers a simple way for Pledge users to commit to transfers of value at times in the future.โšก๏ธ

๐Ÿ” Spread the word: https://bit.ly/3FNKxMs
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
Did you know? ๐Ÿค”

There are three types of users who can interact with the Pledge Protocol
โ–ช๏ธBorrowers
โ–ช๏ธLenders
โ–ช๏ธLiquidity Providers

๐Ÿ” Spread the word: https://bit.ly/3mSFJNr
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
#PLGR #DeFi #Lending

Did you know? ๐Ÿค”

Buying and selling pToken allows users to move value from present value to future value in a time value money perspective. โšก๏ธ

๐Ÿ—ฃSpread the word: https://bit.ly/3AR0Vbs

๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog
pTokens are transferable tokens that represent a claim on a positive (entitled to receive) or negative (obligated to pay) cash flow at its designated maturity.โšก๏ธ

This is to facilitate borrow, lending & liquidation.โœจ

๐Ÿ” Spread the word: https://bit.ly/3BMxmZX
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
๐Ÿ“ข Thrilled to onboard
Harmonyprotocol as Growth Partner
โšก๏ธ

The partnership will allow members to try different chains such as #Harmony. Both partners will build on each otherโ€™s strengths & join in their efforts for cross-promotion.

Know more ๐Ÿ‘‰
https://pledge-finance.medium.com/5ab230ce471a

๐Ÿ” Spread the word: https://bit.ly/3DRN6ve
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
Did you know? ๐Ÿค”

โšก๏ธpTokens can be used to hedge against other assets or moved into cold storage wallets that support Binance Smart Chain.โœจ

๐Ÿ” Spread the word: https://bit.ly/3vnOhQ2
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
๐Ÿ“ขEach participant using Pledge can have one or multiple accounts represented by their BSC ๏ฟผ address, having a portfolio of liquid token balance, #pToken balance, and liquidity token balance.โšก๏ธ

๐Ÿ” Spread the word: https://bit.ly/3DRN6ve
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
For each digital asset, an account has 3 positions: Liquid Tokens (BUSD, BTCB, BNB), pTokens (pBUSD, pDAI), and Liquidity Tokens. These are aggregated to calculate the net position per digital asset and excess collateral of the account.โœจ

๐Ÿ” Spread the word: https://bit.ly/3G814Lv
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
Excess collateral is the amount of tokens an account has deposited beyond the minimum collateralization requirement for its current obligations, it represents a buffer to withstand market price volatility to prevent liquidation events.โšก๏ธ


๐Ÿ” Spread the word: https://bit.ly/2XGFjBc
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
Did you know? ๐Ÿค”

The amount of an accountโ€™s excess collateral is derived from the aggregated amount of the net position of each currency converted to a BUSD-denominated figure.

๐Ÿ” Spread the word: https://bit.ly/2XHUdHp
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
#DeFi $PLGR #pTokens

*๏ธโƒฃ Hedging Collateral Liquidity risks๐Ÿšจ

For calculating collateral's present value a 25% reduction will be applied to assets (not debt).โšก๏ธ

This will #hedge against collateral liquidity risks.โœ…

๐Ÿ” Spread the word: https://bit.ly/3Bdtjow
-
๐Ÿ“ข Community AMA with @deltafi_ai โšก๏ธ

Michael Ren, #PLGR #CTO & Xin Jin, #CEO of #DeltaFi would address the community ๐Ÿ‘‰

๐Ÿ› https://t.me/pledgerfinance
๐Ÿ•ฐ 27 Oct, 3PM UTC

Spread the word: https://bit.ly/3vOxJ3V

-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
๐Ÿ“ข Community AMA with our Founder โšก๏ธ

Wesley, #PLGR CMO would discuss progress, #product updates & #Roadmap ๐Ÿ‘‰

๐Ÿ› https://t.me/pledgerfinance
๐Ÿ•ฐ 29 Oct, 3PM UTC

๐Ÿ—ฃSpread the word: https://bit.ly/3bdr5e0
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
*๏ธโƒฃ Hedging Collateral Liquidity risks๐Ÿšจ

When discounting #pTokens for its present value, the protocol applies another reduction to positive cash flows under the exchange rate retrieved from liquidity pools to mitigate risk.โœ…

๐Ÿ—ฃSpread the word: https://bit.ly/3jIrDxd
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
๐Ÿ“ข Thrilled to onboard @nareig_us as Growth Partner โšก๏ธ

The partnership deal with US-based Real Estate Brokerage #NAREIG will allow clients to buy real estate using crypto-assets as collateral.๐Ÿก

Know more ๐Ÿ‘‰
https://pledge-finance.medium.com/3b06fc85725

๐Ÿ—ฃSpread the word: https://bit.ly/2XNn78U
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
A discount, known as a buffer, will be applied to every positive collateral asset position that reflects the riskiness or price volatility of the asset. โšก๏ธ

It ensures that there is ample time to be liquidated before a market move pushes it into insolvency.โœ…

๐Ÿ—ฃSpread the word: https://bit.ly/2ZEDKEP
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |
๐Ÿ“ข Community AMA with our Founder โšก๏ธ

Wesley, PLGR CMO would discuss progress, #product updates & #Roadmap ๐Ÿ‘‰

๐Ÿ› t.me/pledgerfinance
๐Ÿ•ฐ 29 Oct, 1PM UTC

๐Ÿ—ฃSpread the word: https://bit.ly/3jIt4M6
-
๐Ÿ”ŽGet updated here๐Ÿ‘‡๐Ÿฝ
Website | TG Chat | ANN Channel | Twitter | Blog |