In the previous articles, we have covered general information about DeFi, the difference compared to CeFi, commonly used DApps and how they are being used on different blockchain protocols. We also shared a brief introduction to EcoCelium. This DeFi platform aims to become a game changer among the various opportunities currently available in the DeFi space.
Let us start!
Why not let your money work for you instead of the other way around?
With EcoCelium’s two versions, Lite and PRO, the EARN tab can be considered as a savings account where users add their tokens for a predetermined time. In return, they get an APY % far superior to what a traditional bank would offer.
By starting with the EARN LITE tab, users can easily add assets to the smart contract platform and collect a high APY. In contrast, their assets remain safe in their own wallets. There is also a PRO feature of the EARN tab that allows users to pick different yield opportunities, choose expected yield return, and then watch the trading system, peer to peer platform to accept the terms.
This unique feature gives users the ability to earn even higher yields than most other DeFi platforms on the market by using our stable crypto to crypto trading mechanism.
For users who prefer to use a more traditional DeFi experience, the TREASURY tab allows users to add tokens from a personal wallet to a smart contract with zero lock-ins. This feature allows for slightly lower APYs than the EARN tab; instead of a predetermined lock period, the funds can be removed at any time.
With the EcoCelium SWAP tab, the platform provides the service of wrapped token swapping, enabling users to quickly exchange one crypto asset for another without fiat currency or even going to an exchange acting as a medium. The system allows cryptocurrencies to be transferred from one Blockchain to another, where users can swap between ERC-20 and BEP-20 tokens.
It is also possible for those who would like to share the opportunity with friends and family to benefit from the EcoCelium referral program.
New users who connect to the platform using a referral link from an existing EcoCelium user will get rewarded with ECO tokens equal to $50 USD when their first order in EARN gets approved.
Simultaneously, the referring user will earn a long-term reward override % of all future gains from their referrals perpetually. With this innovative referral program, EcoCelium continues building its platform as a DeFi product that can change the marketplace as we know it.
Upcoming features for EcoCelium
The next upcoming feature for EcoCelium is something called EcoCelerator. This feature will provide users to earn rewards on existing LP tokens from some of the most famous and commonly used DeFi exchanges, such as Uniswap or PancakeSwap.
By adding tokens to a liquidity pool, the user will receive a Liquidity Pool token (LP). This LP token represents the user’s contribution to the established liquidity pool. The rewards are based on the percentage contribution for the specific pool.
Typically, a Liquidity Pool Token (LP) token will only give you rewards from the specific pool. But this is where EcoCelerator comes in.
When this new feature goes live, you will be able to add the LP tokens of yours to EcoCelerator and get also rewarded through EcoCelium. By adding LP tokens to EcoCelium and the EcoCelerator tab; you will receive your LP rewards from the pool you joined and rewards from the LP tokens you have added to EcoCelerator. So, why settle for less when you can have more.
Another upcoming feature that will soon be implemented to the EcoCelium platform is EcoLizer, a liquidity pool system.
This feature will allow users to add a percentage of various tokens into different pools of paired crypto tokens, for example: ECO/USDT. Some pools may be 90:10, and some pools may be 50:50. This feature will allow for liquidity in the marketplace, helping the tokens’ value and giving liquidity providers the ability to earn profits from the fees incurred when tokens are swapped.
Of course, all features we have just mentioned will also be available on the EcoCelium Platform and the Binance Smart Chain release. With this exciting development and implementation, each user will have the ability to choose the best opportunity and the chain he or she prefers to use.
The main advantage with the Binance Smart Chain version will be high-speed transactions at a fraction of the cost for a similar transaction on the Ethereum network.
We hope that this article has given you a better understanding of what has been achieved so far and what is about to come for this unique DeFi game-changing opportunity — EcoCelium.
In future articles, we will also share more information about the different features and reward opportunities available on EcoCelium and how you as a user can benefit from the platform.
Until then, stay tuned for more to come!