/biz/ - Business & Finance

I am so tired of this extortion level insane gas fees for DeFi transactions on Ethereum.

So looking around elsewhere I uncovered an upcoming new money protocol on TRON blockchain that is scheduled to launch after Nov 15, 2020 called Circulate Finance: https://www.circulate.finance

Users can deposit tokens to earn income and also use those assets as collateral for loans, all done via smart contract without human involvement. Bitcoin (wrapped) was recently introduced in TRON and that is a supported token.

Furthermore, by engaging in either deposits or loan activities, users are rewarded by mining the platform's native governance token CIR.

Circulate Finance is similar to established, popular money protocols in Ethereum, except TRON offers faster and much lower transaction fees in mere pennies for a superior user experience. I am excited to kick the tires on this dapp when it launches and hopefully bid farewell to highway robbery on my ETH transactions!