PLEDGE FINANCE ANN
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This group is the OFFICIAL Pledge Finance news announcement channel
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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$

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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
Pledge's goal is to build foundational technology and create building blocks for the next generation of decentralized and open finance.

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Dear Trivia Winners,
We appreciate your patience thus far as it relates to waiting on rewards.

Rewards would be sent in as soon as possible. However, we kindly request that you send in your TRC20 Address to @vickytoreeya to receive your rewards as opposed to that which was asked for earlier.

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€

Thank
you for your patience one again.
Pledge is designed to allow the creation of innovative structured and collateralized lending products.

These include fixed interest rate swaps, refinancing, and financial derivatives around credit markets.

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