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Transcript
00:00Welcome back to Decentralized News. Today's video is looking at Everynet or EVRY token which is
00:09currently available on MEXC, Gate.io, Bitwell, PancakeSwap, V2. Go to Decentralized.News to
00:17check out the latest cryptocurrency exchange reviews, DeFi platform reviews and a whole host
00:23of free resources and tools to help you navigate your way in this blockchain space.
00:30So what is Everynet? It is described as a smart routing blockchain that was conceptualized
00:37and developed in partnership with Kyber Network and Stellar. So the vision for Everynet is to build
00:43a foundation for the C-DeFi network for financial services with a focus on Southeast Asia as the
00:51main market. It provides a platform for other developers to also build some decentralized
00:57applications on and by sort of combining a full service operation with the smart contracts
01:05along with the financial services portal, a contract network and an accounting settlement component.
01:13Everynet will be providing the infrastructure for other developers to build some dApps on and to
01:19allow for seamless integration by providing SDKs, APIs and templates as well. So there are several key defining
01:30differences that the team have focused on building such as a scalable interoperable multi-chain
01:37functionalities, near instant transaction finality, fixed gas fee schemes and the ability for contract
01:45initiators to also pay gas fees on behalf of users and also sort of introducing flexible staking models within
01:57the way the products actually interact with each other. So Every.Finance is actually the first dApp that's been built on the network and the first application will be built focusing on bridging institutional investors to DeFi.
02:14It's supposed to provide flexibility, stability and also deep liquidity and they plan to achieve this by providing institutional targeted features such as multi-seq wallets, enterprise smart contracts and a hybrid DEX as well with an order book and automated market maker and DMM pools as well as a dedicated section for KYT and zero knowledge support.
02:40And Every.Finance will also provide a variety of yield products with variable maturity and also a variety of different yields.
02:52So one important use case for Every.Finance involves bridging real world assets to DeFi through asset tokenization and they're working on several leading asset managers to sort of bring them into making this work.
03:08And how you would actually validate the thesis that Every.Finance is being able to actually bridge the real world with the digital world services for institutional private users is by allowing them access to the new products.
03:25And these guys are pretty experienced in the space in terms of building their based out of Thailand.
03:32The coin at the moment, the reason why I've decided to do a video on this is because it's quite, it's one of the trending topics today up over 200%.
03:43So I just wanted to just to do a quick overview of what the project is about and I'll probably do a deeper dive later.
03:51I do not hold any of these tokens.
03:53I don't know if you do let me know how that's been working out for you.
03:57It's currently available on those marketplaces that I mentioned.
04:00Don't forget to check out the links in the description to my books as well and to our Telegram and our Discord server.
04:08And if you are also interested in doing business online, go to navigate-digital.com.
04:14Till next time, peace and love.
04:17Don't forget to suggest any other content you'd like to see on this channel.
04:21And I'll see you again, guys, very soon. Peace.
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