Introducing Deficliq,Unifying all defi features at one place on Polkadot
The banking system is currently one of the most scrutinized sectors in any country. Due to the amount of regulation and political interest associated with this sector, innovation is slow, with occasional bouts of stagnation, a situation familiar with any over-regulated situation. Because of this, it is increasingly tempting for innovators to target this field taking aim at current institutions, with large opportunities for strong invasion and digitalization. The recent success of fintech proves how necessary technological development is in the field, with more room to grow.
Lending is a key component of any traditional financial institution, but at the same time, it is a tricky component to access because of the legal and political aspects associated with it. But it’s a central place in the financial industry that has led to several technological efforts entering this space. Peer-to-peer lending and, more importantly, DeFi (an acronym for Decentralised Finance) are leading the way and making a change into the field, challenging traditional lending mechanisms. Recent market turmoil, such as the Great Recession and the 2020 Pandemic, has brought to the forefront the need for new financing options, putting further into the spotlight the traditional institution inadequacy of keeping up with development and consumer demand. Defi is one of the answers to this problem, proposing extended use of blockchain technology to create faster, safer, and more transparent systems to rival the existing ones.
Deficliq’s mission is to democratize the lending market opening up further possibilities in this untapped space, with the firm belief that everyone has the right to finance their endeavors in a safe, secure and transparent environment.
As such, we are the first company to provide both collateralized and uncollateralized loans that too in both p2p and traditional ways with more features like DAO(off chain governance), Staking, Interoperability at one place as a Polkadot Substrate Project, thus becoming a main competitor in the fintech space.
Note : We do not believe in being at second or working with any second class companies following the same ideology we will be working with only Tier 1 exchanges and Tier 1 companies .
More updates on Roadmap, Website, Pitch Deck, Tokenomics and new advisors coming soon .
Following all updates we will provide further info on Private and Pre Sale.
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