ETNA Network is a one-stop shop for all things DeFi, NFTs and gaming.

 

What is ETNA Network?

ETNA Network is a one-stop shop for all things DeFi, NFTs, and gaming. User-centered technologies that will revolutionize the crypto space and aid in the adoption. Cyclops Finance is a blockchain company that started out as a Hybrid gaming ecosystem with plans to integrate in-game NFT assets into a Decentralized borrowing and lending platform. Enabling a seamless integration of finance and gaming on the Ethereum Protocol.

Aim of ETNA Network

Etna aims to make it intuitive and easy for users to get on board easily while simplifying platform use without having to own multiple wallets. The mission is to create an all-in-one ecosystem, a single platform of interconnected crypto-type technologies built for both the experienced and the inexperienced.



Features of ETNA Network

DEFI

  • The first hybrid liquidity protocol with Broker-Buyer Type (BBT) trading feature.
  • ETNA powered, Value locked NFT marketplace, instant trading of game assets/NFTs with all assets value pegged on a price-demand curve.
  • Bringing Digital art creators and collectors together.
  • Conventional game assets digitization mechanism.
  • The Tournament, live global gaming events. Players from around the globe compete virtually and more.

How Does it Work?

  • ETNA’s DeFi product combines a hybrid banking network, the first to support the use of NFTs as collateral, and a hybrid liquidity protocol with enhanced user experience facilitated by our novel broker-buyer type trading feature.
  • ETNA’s NFT Factory is an all-in-one marketplace and factory, it is the first NFT marketplace that facilitates spot trading of supported assets. The factory allows creators to easily mint digital assets and showcase them to collectors.
  • ETNA’s gaming ecosystem is developed to bridge the gap between decentralized gaming applications and conventional ones. With our tech, developers of conventional games are able to deploy such games on the blockchain easily.


ETNA Lending and Borrowing Functions

C

yclops Finance allows users to lend and borrow money. It contains an NFT tokenization method that allows any valued NFT to be used as collateral, making it the first lending platform to facilitate the use of NFTs as collateral. It’s also the first lending platform with a leveraging function enabling lower interest rates and even interest-free loans for customers that utilize native ETNA tokens as collateral.

to lend and borrow on ETNA is made to be simpler. With the help NFT token mechanism, it allows NFT of any value to be used as collateral, making ETNA the very first platform to facilitate such an act. With the use of native ETNA tokens, any user can also get an interest reduction, and users staking the native ETNA tokens as collateral for the loans, no interest rates are charged.

Comprehensive Market-Ready Functions

ETNA’s platform marketplace is a hybrid of DEX trading and Broker-Buyer services. The Hybrid Marketplace may be used to exchange items since it includes blended gateways.

A variety of cryptocurrencies enables users to trade in them, all thanks to the diverse gateways. Payment gateways are constructed in such a manner that any user may make payments without having to keep track of various payment wallets.

What is ETNA Token?

ETNA is the native currency of the ENTA Network ecosystem which is used for various Defi functions like lending, borrowing, NFT sale and purchase, and for fees.

  • Token Ticker: ETNA
  • Network: Binance Smart Chain
  • Total Supply: 100,000,000
  • Staking 40,000,000
  • BBT Marketplace 30,000,000
  • Liquidity 6,000,000
  • Team 3,000,000 (locked for 2 years)
  • Development Fund 5,000,000
  • Partnership 5,000,000
  • Foundation 2,000,000

ETNA Token Utility

  • Lending Platform — Interest-free loans can be taken by Leveraging ETNA Tokens.
  • BBT Market — ETNA can be used as collateral as Proof of Insurance Mechanism
  • NFT Market Currency — NFT Marketplace preferred currency is ETNA used to buy and sell in-game assets and other NFT’s
  • Rewards — ETNA can be used as a Treasure and reward in the gaming section of the ETNA ecosystem.

Roadmap

Conclusion

In-game assets are NFTs that are stored on the Binance smart chain which gives players full ownership. Players will be able to use them as in-game assets to play the action-packed game, trade them on the secondary market, staked them on NFT reward pools, or use them as collateral to borrow other tokens.

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