OpenDeFi by Oropocket

Open DeFi is a an open finance protocol by oro pocket which encourages tokenization of real world assets which are 100% insured backed by an actual physical asset and held my a custodian, ensuring your interest is held paramount.

The native token is $ORO

Oropocket offers an alternative way to park your money by keeping it in assets. Oropocket offers a banking experience built on assets. The assets available on oropocket are 100% insured, backed by physical assets and audited everyday by third party.

OpendeFi empower users to become financially independent by doing what the traditional monetary system couldn’t do, which are:

  1. Allow users to get exposure to various real-world asset classes in an open & transparent manner.
  2. Instant exchange between various asset classes without any liquidity barriers.
  3. Enable users to take instant loans against their asset holdings.
  4. Reward users to farm tokens for actively participating in the network.
  5. Enable token holders to earn interest by staking.
  6. Bank the unbanked, That is storing other assets that couldn’t be stored in a traditional bank.

Some of the assets are:

Precious Metals - Gold & Silver

Equity Stocks

ESOPs & SAFEs

ETFs

Cryptocurrencies

Premium real estate

Art

Energy & Oil

Wines & Whisky

Pate

There’s intention of adding more assets to the platform.

Learn more on

https://opendefi.finance/

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Crypto enthusiast, blockchain lover, article writer

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Aesha

Crypto enthusiast, blockchain lover, article writer

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