SEOUL, South Korea–(BUSINESS WIRE)–July 6, 2022–
ELYFI, a DeFi protocol that connects real and virtual assets, announced that it has launched a new US real estate investment product.
ELYFI has launched a new US real estate investment product. (Graphic: Business Wire)
The product generates returns by lending virtual currency using US real estate bonds as collateral. It is possible to buy real estate in fragments. It has advantages such as high rate of return of 12%, zero platform usage fee, small investment opportunity, easy US real estate investment method and recoverable investment via markets open such as Opensea.
This US home loan product is the first decentralized tokenization via ELYSIA DAO LLC, established in Wyoming, USA. As it has been proven that tokenization of real assets can be decentralized through DAO LLC, various real assets are expected to be tokenized.
Regarding the background of the product launch, ELYFI pointed out that compared to the traditional financial market, the digital asset market has a much higher rate of return but there is a high investment risk due to the unclear source. benefits. To solve the problem, ELYFI created a business structure that has a high rate of return and a clear source of income.
With the launch of this US real estate product, ELYFI has announced its intention to enter the real estate market of several other countries.
ELYFI is a DeFi project from the ELYSIA team. ELYSIA is a project that symbolizes real assets that exist in the real world. It is a protocol that turns real estate assets that are difficult to securitize, such as real estate, into asset tokens (NFTs) so that they can be used on the blockchain and, asset tokens created through ELYSIA can be used in different ways in ELYFI.
ELYFI investors can obtain investment returns by providing liquidity to the silver pool or by investing in real-asset sharded investment products, and borrowers can obtain loans using tokenized asset tokens as real assets as collateral. ELFI token holders can also participate in governance and staking, contributing to the stability and development of the protocol.
CONTACT: ELYSIA PLATFORM PTE. LTD.
KEYWORD: SOUTH KOREA UNITED STATES NORTH AMERICA ASIA PACIFIC WYOMING
INDUSTRY KEYWORD: TECHNOLOGY CONSTRUCTION & REAL ESTATE FINTECH REIT PROFESSIONAL SERVICES DIGITAL CASH MANAGEMENT/DIGITAL ASSETS BLOCKCHAIN CRYPTOCURRENCY DATA MANAGEMENT
SOURCE: ELYSIA PLATFORM PTE. LTD.
Copyright BusinessWire 2022.
PUBLISHED: 06/07/2022 08:00/DISC: 06/07/2022 08:00