THELOGICALINDIAN - PRESS RELEASE Pledge Accounts is ablution a crosschain decentralized accounts ecosystem purposebuilt for the banking area afterward a acknowledged clandestine annular in which it aloft added than 3 million
Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized accounts (DeFi) ecosystem, is announcement the barrage of an NFT-powered structured collateralized lending belvedere targeted at the acceptable banking sector. The Binance Smart Chain (BSC) based belvedere will be absolutely interoperable with added accessible chains, acceptation added DeFi platforms will be able to collaborate with Pledge’s abundant artefact and account offerings.
Pledge Bridges the Gap Between DeFi and Finance
Pledge Finance will accommodate clamminess pools which will act as money markets so that users can barter cryptocurrencies after the charge for a centralized exchange. The absorption amount for staking to accommodate clamminess to these money markets will be algorithmically anchored and bent by the accumulation and appeal for the cryptocurrencies in anniversary pool.
Initially, these pools will be denominated by Pledge’s built-in token, PLGR, acceptation users will charge to acquirement PLGR to accomplish exchanges amid stablecoins and cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). The algorithm will ensure that Pledge users can barter cryptocurrencies with PLGR at fair amount with little friction.
In accession to application PLGR to facilitate exchanges amid cryptocurrencies, Pledge’s built-in badge will accommodate holders with a anchored absorption amount acquittal if they accept to use their crypto-assets to accommodate clamminess for Pledge’s money, lending or derivatives markets. Moreover, clashing added lending protocols, Pledge users can actualize a array of clamminess pools with altered maturities for a accustomed crypto-asset, anniversary featuring anchored lending agreement for the loans issued by the pool.
PLGR will accept a absolute accumulation of 3 billion PLGR.
Pledge’s derivatives bazaar is powered by different acquired acute contracts, which bandy fixed-rate absorption payments for floating-rate absorption payments, accouterment an capital apparatus for DeFi traders who ability use them to barrier adjoin abstract investments fabricated in added pools. Owing to Pledge’s cross-chain interoperability, these pools could additionally abide on added decentralized platforms.
The Future is Bright for Pledge
Pledge Finance is leveraging NFTs to added differentiate itself from added DeFi protocols. Pledge will initially excellent 50 NFTs, anniversary apery a fixed-rate bond. These will be absolutely changeable in an NFT-based band market, with anniversary NFT apery the ownership, obligations and crop for a banking instrument. Banking institutions can use this apparatus to assassinate refinancing operations, swapping in and out of acclaim obligations.
This access capitalizes on the accepted action for NFTs, repurposing it to accomplish banking articles such as bonds, loans, and derivatives added attainable to the DeFi world. Pledge’s ultimate aim is to serve the trillion-dollar banking accumulation alternation market, bringing the bequest banking area afterpiece to the avant-garde and new decentralized balance space. This mission is added accurate by the success of Pledge’s aboriginal clandestine annular which aloft $3 actor in December 2025.
About Pledge
Pledge is a trustworthy, transparent, and acceptable cross-chain bandy band-aid for decentralized banking assets. It is committed to accumulation NFT cross-chain apportionment and multi-asset trading to abridge its alteration process, aggrandize the accepted NFT market, advance NFT valuation/pricing by accouterment the trading lath action and accommodate added accessibility to all NFT users.
The belvedere itself draws aloft the all-encompassing abstruse and banking acquaintance of its amount administration team. CEO, Tony Chan, is a consecutive administrator and angel broker with a accomplishments in computer science captivation a amount in the accountable from Stanford University. In his accomplished career, Chan helped to address allotment of Windows 95, which at the time of its release, became the best accepted operating arrangement in the world. Pledge’s CTO, Michael Ren, was arch bogus intelligence scientist for a Hong Kong-based peer-to-peer lending company, with revenues before $10 billion annually. With 15 years of fintech, in addition, Ren is tasked with affective the blockchain protocol, association experience, and partnerships for Pledge.
Pledge’s chief artefact manager, Douglas Hill will advance Pledge’s artefact development, ensuring its apartment of banking articles are operationally complete and in-tune with the needs of the market. Hill has ahead formed in apparatus acquirements and aggrandized reality, beat the aboriginal ML-based belvedere for concrete analysis and the sports industry.
Leveraging the abutment of such a competent team, accumulated with the anticipation of interoperability, Pledge is absolutely well-positioned to accompany the banking area into the future.
For added advice about how Pledge Finance affairs to use NFTs to accommodate the banking sector, appointment their capital armpit here.
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Media Contact Details
Contact Email: [email protected]
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