Avatea - The Decentralized Market Making & Staking protocol
  • 2 years ago
Avatea is the first and only #DeFi platform that offers #algorithmic #marketmaking. Avatea is an algorithmic-based decentralized market making system designed to bring a complete decentralized market making system onto multiple chains. Avatea enables projects to automate their market making through a decentralized solution. Avatea also enables the coordinated and structured buying and selling of tokens. This allows projects to take full control over their own market making and make direct adjustments. The market making industry has remained completely centralized, while DeFi (decentralized finance) has been growing extensively. Avatea taps into this new industry and expects all DeFi projects to move to fully decentralized market making protocols. Avatea furthermore, enables users to utilize their cryptocurrencies by supplying tokens to the network that may be borrowed to create liquidity. This creates a secure lending environment where the lender receives a compounded interest rate annually (APY) paid per block, while the borrower pays interest on the cryptocurrency borrowed.

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