Today, we are very pleased to share a new partnership with Peet DeFi, a decentralized financial platform which seeks to offer real-world asset collateralization and high return yield farming to its users.
What is Peet DeFi?
Peet DeFi is a platform of dapps (PeetPay, Chain Bridge, PoolStake, and more) that enables earning on any blockchain from any other blockchain with PTE, its native token. PTE is chain agnostic and can move from one blockchain to another across Chain Bridge.
When added to staking pools, PTE can farm ETH, Neo, Waves, BNB, USDT, and other crypto assets.
What will Peet DeFi achieve with the NULS/Nerve partnership?
Peet enables real-world assets, such as USD, stocks, home equity, etc. to be represented on chain. These assets can be used as collateral and will be available to our DeFi apps.
Peet will combine its offerings with the numerous advantages of the Nerve Network’s DeFi infrastructure. The Nerve Network will give PTE fast, inexpensive transactions. Nerve’s heterogeneous cross-chain capabilities will allow Peet to interact with structurally different blockchains like Bitcoin. Building on top of Nerve will facilitate the interaction of PTE-NULS-BTC and many other crypto assets.
“Peet DeFi is very excited to join NULS POCM along with Nerve Network. This unique collaborative relationship opens up a world of new opportunities for us and greatly accelerates the competency of both projects.” — Peet DeFi
The Peet platform integrates blockchain technology with traditional off chain assets through the use of decentralized protocols. This ‘Chainlink’ allows for the value of USD, stocks, home equity, or any share of ownership to be represented on chain and used as collateral to earn a high rate of return.
NULS is a blockchain infrastructure for customized services, with a global open source community. NULS combines microservices, a module warehouse, smart contracts, and cross-chain technologies with its parallel multi-chain.
One product, ChainFactory, gives businesses the ability to build blockchains with a web-based GUI. This reduces development costs and promotes the commercial application of blockchains.
Users can add core functional modules such as network, consensus, storage, account, and smart contracts to their blockchain using the plug-and-play format.
After submitting a form, a new blockchain and custom token are created. Users can define business logic through a smart contract with little programming work.
Nerve is a decentralized digital asset service network based on the NULS micro-services framework, which uses the NULS ChainBox to develop a blockchain cross-chain interaction protocol.
The aim is to break the isolated blockchain value and establish a cross-chain asset exchange network to provide all the necessary underlying support for the Defi application ecosystem.
Let every digital asset holder experiences a truly secure, free and transparent Defi application service.
The best way to get involved with NULS is to join in!
For more information about NULS, visit nuls.io and join the conversation on Telegram or Reddit. Make sure to follow NULS on Twitter for the latest news and updates. You can also follow us on other socials such as Facebook, Steemit & GitHub.
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