Most of our quizzers answered correctly. Let's dive deeper into this topic. ELYFI - Asset Token Lending Protocol.
28 Aug 2023, 10:18
šš Most of our quizzers answered correctly!
Let's dive deeper into this topic! š
ELYFI - Asset Token Lending Protocol
A prime example of a distribution channel is ELYFI.
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By principle, ELYFI is a lending market that uses real estate asset tokens as collateral to lend other digital assets. š
Real estate bond-type tokens generated through the issuance core component are reviewed by ELYFI governance, and once approved, the collateral is recognized, allowing issuers to secure a loan through the ELYFI money pool.
Keep up with the learning about ELYSIA and ELYFI! š