🕹Prestare Finance

Recorded: Nov. 8, 2022 Duration: 0:05:59

Player

Snippets

Hi, please 13. So, I think, uh, please 13 is already in the space.
will give intro first and you guys can start your pitch. So back one for the draw hacks grandel it's a community driven program to fund the hacker movement to explore and assist hackers with innovative
ideas and eventually helped them to build more important products for the future of multi-chain Web Street ecosystems. And for this grand out round, people can get voted by community, by Staking Doratokun,
platform and receive VCDora. So to vote at least for one vote, you need to receive at least 0.5 VCDora. And everyone can basically do that. So if presters, projects, your teams yourself or any
Many of the supporters that want to vote for your projects, you can let them know about this growth. They can definitely do that. So yeah, let's back to the topic. Priester team, please start your introduction. Thank you. Okay, thank you. Thank you, Grace.
Hi guys and hi doorok grando community members and we are team priest there and we are a defylanding platform that offers a lower catch ratio and can even support under catch nice ones and we don't need kiy say we don't need to cooperate with some other
save by institutions we can achieve this goal by in a trustless way. So our platform is just based on a very different professuring idea and you know most protocols say they will distribute their revenues to
they are token holders in the future, but however we know, however, and the way we want to distribute our revenues in advance, but not directly. As you know, the revenues of NANDE protocols comes from the bolus interest payment and then
We will make a copy of this revenue, we call them credit token, and we give our borrower credit token every time they pay back their loan. And of course, it will be based on their interest payment during this process. And this credit tokens can be used to lower the
their cultural ratio in the next time they're following. So if they have a love credit token, they can achieve their under-catchionization. So this is basically the idea of how we achieve under-catchionization. And we also have another very interesting function like
we can achieve permission is nesting by a risk-isolation system. And if you are interested into our protocol, you can follow our Twitter and you can find our website. We put our white paper on that and you can see how exacting our system works.
and we will launch on later to Portugal soon and many thanks to Daura Gredao and your community members. Of course we have community incentives and we will wind this to everyone, well trust and they will have the
early a drops of our native token when we launch on the minute and of course we if we get calls the investment we will mean to our credit token to you guys and as we introduced the credit token can be used to lower your cash ratio so you will have a very
low in the show cultural ratio if you want to borrow our platform. Yeah, that's pretty much it. Thank you so much and don't miss our protocol. Thank you. Thank you, Pursitarty. Very looking forward. Yeah.

FAQ on 🕹Prestare Finance | Twitter Space Recording

What is Draw Hacks Grandao?
Draw Hacks Grandao is a community driven program to fund the hacker movement to explore and assist hackers with innovative ideas and eventually helped them to build more important products for the future of multi-chain web street ecosystems.
How can people get voted in the Grand Out Round?
People can get voted by community by staking doratokun platform and receive vcdora. To vote at least for one vote, you need to receive at least 0.5 vcdora.
What is Team Priest?
Team Priest is a Defi lending platform that offers a lower catch ratio and can even support under catch nice ones without the need to cooperate with some other save by institutions in a trustless way.
How does Team Priest distribute its revenues?
Team Priest makes a copy of revenue, called credit token, and give it to their borrower every time they pay back their loan based on their interest payment. This credit token can be used to lower their cultural ratio in the next time they're following.
What is the idea behind Team Priest's platform?
The idea behind Team Priest's platform is to achieve under-catchionization, which they achieve by creating a trustless way to offer a lower catch ratio, even for under-catch nice ones.
What is permissionless nesting and how does Team Priest achieve it?
Permissionless nesting is achieved by a risk-isolation system. Team Priest has a risk-isolation system that allows them to achieve permissionless nesting.
When will Team Priest launch their protocol?
Team Priest will launch their protocol on a later date which is not mentioned during the podcast.
What incentives does Team Priest have for early community members?
Team Priest will offer early drops of their native token and credit token to community members who show trust. They will also provide community incentives if they get called for investment.
Where can interested individuals find Team Priest's white paper and website?
Interested individuals can find Team Priest's white paper and website on their Twitter account.
Why should one consider using Team Priest's platform?
One should consider using Team Priest's platform because of its innovative idea to achieve under-catchionization in a trustless way and its risk-isolation system that allows for permissionless nesting.