The .TEA domain simplifies private DeFi access, enabling Tea-Fi's all-in-one platform users to transact seamlessly across multiple blockchains with human-readable addresses.
SAN FRANCISCO, CA / ACCESSWIRE / December 2, 2024 / Unstoppable Domains, the world's largest on-chain domain name provider and digital identity platform, today announces that it has partnered with Tea-Fi, a privacy-first DeFi platform that leverages zero-knowledge proofs to provide secure, anonymous transactions while simplifying decentralized finance.
This collaboration introduces .TEA, a top-level domain (TLD) tailored for DeFi users, furthering Tea-Fi's mission of transforming complex decentralized finance into an intuitive and accessible ecosystem. The .TEA domain empowers users to transact seamlessly across multiple blockchains with human-readable wallet addresses, eliminating the need for complex alphanumeric strings.
Revolutionizing DeFi with .TEA Domains
The .TEA domain transforms traditional wallet addresses into intuitive, user-friendly digital identities while preserving privacy. Built on the Polygon blockchain, renowned for its efficiency and low transaction costs, .TEA domains provide secure and cost-effective solutions for decentralized transactions.
Tea-Fi bridges the gap between decentralized finance (DeFi) and centralized finance (CeFi), combining flexibility with efficiency to deliver a seamless user experience. Key features of the platform include:
Easy-Gas: Eliminates the need to hold multiple native tokens for network fees, streamlining transactions and integrating with over 800 blockchain applications on Unstoppable Domains.
Unmatched Cross-Chain Interoperability: Facilitates seamless asset movement and transactions across multiple blockchains, including Ethereum, Solana, Bitcoin, and Polygon.
Yield Engine: Offers growth tools and easy access to yield-generating opportunities.
Embedded Privacy Layer: Ensures secure financial activities by protecting user data.
Permanent Domain Ownership: Provides domains with no renewal fees and plans for integrated login functionality across all supported applications.
Maximizing Returns and Personalizing Experiences
Tea-Fi's Yield Engine consolidates advanced tools to maximize user returns, including dynamic rewards for staking assets and access to decentralized synthetic assets with multi-chain yield-bearing capabilities. The platform also introduces market-sector indices and a lending and borrowing protocol that provides CeFi-style uncollateralized loans, enhancing financial flexibility for users.
Additionally, Tea-Fi offers users the ability to personalize their experience through customizable dashboards. The platform also integrates a wallet-enabled debit card, powered by Visa, which facilitates crypto-to-fiat transactions while offering an over-collateralized line of credit.
By combining these tools into a single, intuitive platform, Tea-Fi empowers users to simplify asset management, achieve financial growth, and unlock new opportunities in decentralized finance.
"Our partnership with Unstoppable Domains enables users to maintain unique digital profiles, transforming complex wallet addresses into intuitive digital identities," said Matan Doytsh, CEO of Tea-Fi. "This collaboration expands Tea-Fi's vision for DeFi by delivering the reliability and performance users expect from centralized platforms while preserving the transparency and control that is unique to decentralized solutions."
"Whether interacting with decentralized applications on Ethereum, trading on Polygon, or exploring emerging ecosystems on other EVM and non-EVM compatible chains, users can maintain a consistent digital identity. This cross-chain functionality future-proofs the .TEA domains, ensuring they remain valuable and relevant as the blockchain landscape evolves."
"Both Tea-Fi and Unstoppable share a vision of making DeFi accessible to everyone, and this partnership is a big step forward to achieving that," said Sandy Carter, Chief Operating Officer, Unstoppable Domains. "The .TEA domain unlocks a more user-friendly DeFi experience, which is sorely needed by so many users worldwide."
TEA domains will be available through both Tea-Fi's platform and Unstoppable Domains' homepage, supported by extensive educational resources and community engagement initiatives.
For more information, please visit: https://unstoppabledomains.com/
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Press Contact: press@unstoppabledomains.com
About Tea-Fi
Tea-Fi is a comprehensive, all-in-one decentralized finance (DeFi) platform designed to simplify crypto management and make DeFi more accessible. By integrating a wide range of financial tools into a single, user-friendly interface, Tea-Fi empowers users to manage and grow their digital assets with ease.
Committed to bridging the gap between centralized and decentralized finance, Tea-Fi combines CeFi-level efficiency with the transparency and control unique to DeFi, making it a trusted solution for users of all experience levels.
For more information, please visit: https://tea-fi.com
About Unstoppable Domains
Launched in 2018, Unstoppable Domains is an onchain domain name provider and digital identity platform working to onboard the world onto the blockchain. Unstoppable Domains offers onchain domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with more than 865 apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America's Best Startup Employers in 2022.
For more information, please visit: https://unstoppabledomains.com/
SOURCE: Unstoppable Domains
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