This handout is a way to provide awareness regarding the announcement of INVERSE. It is a non-custodial, counter-volatility, DeFi protocol that allows users to earn yield from the volatility of select DeFi coins.
Tartu, Estonia Jan 26, 2021 (Issuewire.com) - Estonia: Recently the launch of INVERSE has taken place in the mainstream of DeFi platforms. INVERSE is a non-custodial, counter-volatility, DeFi protocol, engineered around the XIV token (a free-floating, inverse yielding,
ERC-20 token). It allows the user to earn significant yield from the downward moves of select coins.
Comprehensive Picture of INVERSE
INVERSE is a DeFi platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of DeFi coins by utilizing the multiple tracking vaults on the platform.
XIV is the protocol's native token. Its main function is to unlock these vaults. XIV is then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e., COMP, AAVE, UNI, YFI). After the 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault.
In such a situation, when the price of the select DeFi asset does not drop in value beyond the pre-determined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user's web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.
At the launch event, the platform's founder also explained - Why the INVERSE is best in the current market?
Why Choose INVERSE?
The crypto and DeFi space are fast-moving and highly volatile. These assets are often subject to frequent and rapid dips in price which can result in profound losses for market participants. To resolve this problem, the INVERSE platform was created. It gives users the opportunity to stake against the frequent dips in the price of select DeFi coins without having to hold those assets. With the INVERSE protocol and its native XIV token, non-traders are offered the ability to speculate on the volatility of select assets during selloffs, dips, or downward turns in the crypto markets.
Do you want to know more about Inverse Token? Find more information on https://projectinverse.com/
Media Contact
Emeka Enu
Source :Project Inverse,
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