📢 Thrilled to onboard
Harmonyprotocol as Growth Partner ⚡️

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

Know more 👉
https://pledge-finance.medium.com/5ab230ce471a

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Did you know? 🤔

⚡️pTokens can be used to hedge against other assets or moved into cold storage wallets that support Binance Smart Chain.✨

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📢Each participant using Pledge can have one or multiple accounts represented by their BSC  address, having a portfolio of liquid token balance, #pToken balance, and liquidity token balance.⚡️

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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.✨

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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.⚡️


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Did you know? 🤔

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

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#DeFi $PLGR #pTokens

*️⃣ Hedging Collateral Liquidity risks🚨

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

This will #hedge against collateral liquidity risks.✅

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📢 Community AMA with @deltafi_ai ⚡️

Michael Ren, #PLGR #CTO & Xin Jin, #CEO of #DeltaFi would address the community 👉

🏛 https://t.me/pledgerfinance
🕰 27 Oct, 3PM UTC

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📢 Community AMA with our Founder ⚡️

Wesley, #PLGR CMO would discuss progress, #product updates & #Roadmap 👉

🏛 https://t.me/pledgerfinance
🕰 29 Oct, 3PM UTC

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*️⃣ Hedging Collateral Liquidity risks🚨

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.✅

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📢 Thrilled to onboard @nareig_us as Growth Partner ⚡️

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

Know more 👉
https://pledge-finance.medium.com/3b06fc85725

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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. ⚡️

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

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📢 Community AMA with our Founder ⚡️

Wesley, PLGR CMO would discuss progress, #product updates & #Roadmap 👉

🏛 t.me/pledgerfinance
🕰 29 Oct, 1PM UTC

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🚨 When a liquidation event is triggered, assets will be sold from an account’s portfolio in order to generate #BUSD to mitigate risks. ✅

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📢Pledge contract works with BSC smart chain and Chainlink chain to fulfill borrow/lend/liquidation functionalities.✨

Price contract runs on the chainlink chain to provide the updated price for the coin.⚡️

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Did you know? 🤔

The liquidation process will first extract collateral from liquid token balances before proceeding on to other balances with no immediate liquidity.⚡️

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#DeFi #PLGR #Lending #BSC

#PLGR is aimed at non-traders who are interested in taking out longer-term, fixed-rate loans for investment diversification purposes.⚡️

📢It enables users to lend and borrow at fixed rates at predefined maturities. ✨

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Pledge answers the need for longer-term financing, mainly serving crypto-asset holders to diversify their portfolio with non-crypto assets, e.g. real estate, without the friction of portfolio rebalancing.⚡️⚖️

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#DeFi #PLGR #BSC

#pTokens (e.g. pBUSD) are the building blocks of #Pledge Platform, which are transferable tokens that represent a claim on a positive (entitled to receive) or negative (obligated to pay) cash flow at its designated maturity.🏗

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✅Hedging Liquidity risks🚨

Pledge has introduced a novel liquidity curve based on logit function which is relatively flat in the middle to greatly reduce slippage.⚖️

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📌What makes Pledge unique?🤔

PLGR enables each loan term (interest rate, maturity) to be fixed when the loan was made, avoiding interest rate volatility for long-term loans.✨

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