SEOUL, South Korea–(BUSINESS WIRE)–ELYFI, a DeFi protocol that connects actual and digital belongings, introduced that it has launched a brand new US actual property funding product.
The product generates returns by lending digital forex utilizing bonds of US actual property as collateral. It’s potential to purchase actual property in fragments. It has benefits comparable to a excessive charge of return of 12%, zero platform utilization charge, small funding chance, straightforward US actual property funding technique, and recoverable funding by means of open markets comparable to Opensea.
This US actual property mortgage product is the primary decentralized tokenization by means of ELYSIA DAO LLC, established in Wyoming, USA. Because it has been confirmed that the tokenization of actual belongings might be decentralized by means of DAO LLC, numerous actual belongings are anticipated to be tokenized.
Concerning the background of the launch of the product, ELYFI identified that in comparison with the standard monetary market, the digital asset market has a a lot increased charge of return however there’s a excessive threat of funding due to the unclear supply of the earnings. To unravel the issue, ELYFI has created a enterprise construction that has a excessive charge of return and a transparent income.
With the launch of this US actual property product, ELYFI introduced its plan to enter the actual property market in numerous different international locations.
ELYFI is a DeFi undertaking of the ELYSIA workforce. ELYSIA is a undertaking that tokenizes actual belongings that exist in the actual world. It’s a protocol that makes actual belongings which might be tough to securitize, comparable to actual property, into asset tokens (NFTs) in order that they can be utilized on the blockchain and, the asset tokens created by means of ELYSIA can be utilized in numerous methods in ELYFI.
Traders in ELYFI can get hold of funding returns by offering liquidity to the cash pool or investing in fragmented funding merchandise of actual belongings, and debtors can get hold of loans utilizing asset tokens tokenized as actual belongings as collateral. ELFI token holders may also take part in governance and staking, contributing to the steadiness and growth of the protocol.