REVOLUTIONARY ONE-CLICK-TO-FARM DEFI PLATFORM, DEFIATO, PAVES THE WAY IN CEDEFI
January 21, 2022, 8:00AM EST · 3 min read
With more than $100 billion in market cap across all chains, it is likely that the DeFi market cap will grow to $200 billion by 2025. However, many users still face various technical barriers when using decentralised platforms to do on-chain farming, staking and trading, while off-chain solutions face liquidity issues, fiat restrictions and the lack of a central multichain to support crypto assets and institutional-grade custodians.
To accelerate the growth of mainstream user adoption and unlock the next trillion dollars in the DeFi space, a centralised platform with streamlined features and beginner-friendly user interface will be the solution.
Next-gen platform, DeFiato, offers One-Click-to-Farm proprietary technology, ease of fiat access and exchange-grade security, to effectively eliminate technical barriers and financial risks. It provides a user experience similar to centralised services, such as high security, quick settlements and customer service support, making it a pioneer in Centralised Decentralised Finance (CeDeFi).
Since its launch, DeFiato has garnered strong interest and funding from various investors including leading DeFi-focused funds DAO Maker, Redline DAO, Avalaunch, Mirana Ventures, a venture partner of Bybit and BitDAO, CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital. This reflects a high demand for secure, centralised exchange graded platforms.
DeFiato streamlines the otherwise complicated process with its aggregated, centralised system and allows end-users to easily swap and farm crypto with just one click. Using DeFiato removes human errors or security compromises on users’ end.
DeFiato is on its way to becoming a leading cross-chain aggregator. It currently supports Ethereum, Binance Smart Chain, Polygon and Avalanche, and will be onboarding Solana soon. On a single platform, users can simply deposit their crypto assets from one chain, and immediately be able to earn rewards from various farms on any of these chains, hence reducing touchpoints such as bridges/wormholes that could result in human errors and cyber attacks.
DeFiato will also be introducing fiat on- and off-ramp. Users can transfer fiat from their bank to purchase stable coins, swap them for tokens and start earning rewards – all on DeFiato. They can also cash out seamlessly without leaving the platform.
Additionally, DeFiato takes security on the platform very seriously. Constant pen-testing and internal audits are conducted on its technological framework, coupled with best practices for cold/hot wallet management. All technical elements are custom built according to the best-in-class framework for custodial management.
DeFiato only onboards DeFi protocols with well-audited contracts both by external auditors as well as multi-factored internal audits. It also has plans to secure both on-chain and fintech insurances in the near future as the TVL reaches a significant amount. This would provide an additional protection against risks associated with DeFi.
DeFiato has launched its mobile app in open-beta and will be introducing its native utility token early this year. The token will be used primarily for payment of fees within the platform, and users can expect significant cost savings. The platform will also onboard five more blockchains and release multiple new features.
Anyone, both new and matured users of DeFi, can now start earning from their crypto holdings all on a single platform. Simply farm in one click and watch your assets grow with DeFiato.
Find out more about DeFiato at:
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