Abstract

DeFi or Decentralized Finance is a combination of traditional bank services with Decentralized Blockchain technology, DeFi is also often referred to as Open Finance because of its open format. DeFi is one of the innovations that seeks to create an alternative to any financial services currently available in the traditional financial system, these services include items such as savings and current accounts, insurance, loans, deposits and many others.

DeFi hype lasts since the late summer of 2020 and it’s somewhat alive even though many attacks, hacks, security gaps, and many more… One of the main innovations of DeFi is to allow everyone to take part in some kind of financial activity all around the world. Staking, yield farming, liquidity providing, DAOs, and many more. Please check my previous articles to find more information.

Despite we are still inside the circle of BTC pump, continuous DeFi hype, and creepy NFT projects, it’s important for me to discover different aspects of blockchain technology. While people implementing the new normal after the COVID-19 pandemic, it is true for developers. So, we see partnerships, combinations, and collaborations across the crypto world.

ETNA Network will present new ideas and utilities for in-game resources utilizing blockchain innovation.

About ETNA Network

ETNA Network is a one-stop shop for all things DeFi, NFTs, and gaming. User-centered technologies that will revolutionize the crypto space and aid in the adoption.

ETNA intends to make it natural and simple for clients to jump aboard effectively while working on stage use without claiming various wallets. The mission is to make an across the board biological system, a solitary foundation of interconnected crypto-type advancements worked for both the accomplished and the unpracticed. ETNA Network is building advancements in DeFi, gaming, and NFTs. A concise outline of these innovations is as per the following :

Highlights of ETNA Network
- A Digital Asset Lending and Borrowing Platform where not just coins and tokens can be utilized as insurance, yet additionally NFTs, computerized terrains, and that’s only the tip of the iceberg. Holders of important NFTs would now be able to take a credit by utilizing such NFTs as insurance, this is undoubtedly a distinct advantage.|
- A Hybrid Liquidity Protocol DEX where clients will approach many advanced resources. A trade where the intricacy that accompanies exchanging digital forms of money is a relic of past times. With a novel Broker-Buyer-Type (BBT) exchanging instrument, clients with zero experience will actually want to exchange easily.
- Gaming Technologies Gaming stage where ordinary games can be conveyed and incorporated with the blockchain. Worked for both game designers and players. With game resources printed into NFTs, people group individuals can claim such game resources and procure sovereignties which develop with game notoriety.
- A Dynamic NFT Marketplace where clients can purchase and sell significant NFTs on the spot. you can purchase and sell NFTs like you would accomplish for tokens/coins on a trade. ETNA can accomplish this by a NFT esteem lock-in system, basically, the worth of each NFT is likened to some measure of the hidden money. It is surprisingly fascinating as each NFT exchange dynamic is designed according to a mathematical value request bend. With this holders are sure to appreciate value appreciation and are ensured simplicity of exchanging back.
- A Cross-Chain component that works with the adaptability of resources across blockchains. This is tremendous as this will empower the achievement of the genuine comprehensiveness of NFTs.

ETNA Ecosystem
- DeBank : DeBank which is ETNA’s Lending/acquiring stage has been conveyed on BSC. It presently upholds the loaning and acquiring of seven tokens/coins specifically BNB, ETNA, ETH, BTC, BUSD, USDT, and DAI. It likewise upholds the stores of all ETNA NFTs and clients would already be able to utilize such NFTs to take out credits. ETNA’s DeBank likewise permits holders of ETNA tokens to take out revenue free credits consistently. This is likewise the first of its sort in the crypto space. At present more than 4,500,000 ETNA and more than 2000 NFTs have been kept. Additionally, more than $200,000 in without interest advances have been taken.
- ETNA’s NFT Marketplace : ETNA Networks’ NFTs are gaming resources that would be sent in the impending game. Presently, there are more than 30 NFTs exchanging on the ETNA Network commercial center, these NFTs are involved game characters, weapons, secret sections, animals, and some more.

ETNA Token
ETNA is the local cash of the ENTA Network environment which is utilized for different Defi capacities like loaning, getting, NFT deal and buy, and for expenses.

Token Detail
Token Name : ETNA Network
Ticker : ETNA
Type : Binance Smart Chain
Full scale Supply: 100,000,000
Staking : 40,000,000
BBT Marketplace : 30,000,000

Purchase on Pancake: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x51f35073ff7cf54c9e86b7042e59a8cc9709fc46

Resource Allocation
Presale : 10,000,000
Liquidity : 6,000,000
Team : 3,000,000 (locked for seemingly forever)
Improvement Fund : 5,000,000
Partnership : 5,000,000
Foundation : 2,000,000

ETNA Token Utility
- Lending Platform : sans interest advances can be taken by Leveraging ETNA Tokens.
- BBT Market : ETNA can be used as assurance as Proof of Insurance Mechanism
- NFT Market Currency : NFT Marketplace supported cash is ETNA used to buy and sell in-game assets and other NFT’s
- Rewards : ETNA can be used as a Treasure and grant in the gaming part of ETNA organic framework.

ETNA’s Roadmap

Conclusion

DeFi is one solution that can be expected to overcome many common weaknesses of a monopolized and non-transparent centralized system. Apart from the banking side, DeFi can also be integrated with other sectors and one example is ETNA.NETWORK, their ecosystem combines DeFi with gaming that is provide a new transparent system. Users can play games on their platform and simultaneously earn rewards, or stake their assets, Giving a unique experience.