PLEDGE FINANCE ANN
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This group is the OFFICIAL Pledge Finance news announcement channel
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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.βœ…

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πŸ“’ 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 πŸ‘‰
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.βœ…

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πŸ“’ Community AMA with our Founder ⚑️

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

πŸ› t.me/pledgerfinance
πŸ•° 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. βœ…

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πŸ“’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? πŸ€”

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.⚑️

πŸ“’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.βš‘οΈβš–οΈ

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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.πŸ—

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βœ…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.βš–οΈ

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πŸ“ŒWhat makes Pledge unique?πŸ€”

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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#PLGR #DeFi #Lending #BSC

Did you know? πŸ€”

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

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#DeFi $PLGR

πŸ“’ Announcing #Pledge community Trivia Quiz⚑️

Let's have a #Trivia quiz, participate and win rewards πŸ‘‰

πŸ› https://t.me/pledgerfinance
πŸ•° 12 Nov, 3 PM UTC
πŸ’° 100$

πŸ—£Spread the word: https://bit.ly/30eFJjq

πŸ“Hint: Go to the website

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#PLGR

πŸ“’#Pledge enables lenders to utilize their idle crypto assets by supplying liquidity to earn a fixed-amount of interest earnings.✨

πŸ“ŒIt also allows borrowers in need
of liquidity to take loans pledged by over-collateralized crypto assets at a fixed, predictable cost.⚑️

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πŸ“ŒWhat makes #Pledge unique?πŸ€”

⚑️The Pledge Protocol is designed to provide a fully-decentralized and secured marketplace for fixed-interest, fixed-term lending.πŸ₯³

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πŸ“Œ#PLGR's vision is to accelerate the adoption of #DeFi apps in people’s daily financial activities.βœ…

πŸ“ŒThis will be done by reducing the exposure to interest rate volatility for borrowers/lenders.✨

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🚦Trivia in 4 hoursπŸš€

Get prepared to answer questions around the Pledge Finance PRoject.

πŸ› https://t.me/pledgerfinance
πŸ•° 12 Nov, 3 PM UTC
πŸ’° 100$

Hint: Read relevant documents on the website.
πŸ₯ΈTrivia in starting now!

Here are the rules to abide to when participating

β–ͺ️Everyone can participate
β–ͺ️20 questions to be asked. Each question pegged at $5 shared amongst 2 winners (2 fastest answers)
β–ͺ️If you win one question, you sit out the next.
β–ͺ️A user cannot win more than 15$. Means if you have won up to 15$ you are out of the game.
β–ͺ️Be respectful always
β–ͺ️All questions would be asked from the Website

So, are you ready....
#DeFi #PLGR #BSC

Did you know?πŸ€”

πŸ“ŒTraders and non-traders can now use both tangible and intangible assets, such as cryptocurrencies, as collateral against a crypto-based loan.πŸ₯³

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πŸ“‘Announcing Trivia Winners

Thank you all for participating in our first Trivia event. It was fun and resourceful.

Here are the list of the winners and rewards earned.
β–ͺ️@RickPaT2 - $4
β–ͺ️@Tochils- $14
β–ͺ️@Keziaonly - $9
β–ͺ️@Ajibadee - $11
β–ͺ️@caloyako- $5
β–ͺ️@nguyenben - $14
β–ͺ️@vicrongold - $9
β–ͺ️@GoldenBimps - $3
β–ͺ️@Feron_sam - $2
β–ͺ️@doithay1617 - $8
β–ͺ️@CourtneyAnd - $6
β–ͺ️@RioMarcus - $2
β–ͺ️@Devtidote - $4
β–ͺ️@peter1342 - $2

Congratulations guysπŸš€πŸš€πŸš€

Kindly send in DM to @vickytoreeya your Bep20 address to receive your rewards. Kindly do this in the next 1 hour to receive your rewards within the next 24 hours.

Thank you for participating. πŸ™πŸΌ

🚦See you at the next event