The New Decentralized Finance Protocol on the Avalanche Blockchain

Delta Finance’s partnership in motorsport

Project overview

Current balance of Delta Finance

One of Avalanche’s newest defi protocols, focused on sustainability and sky-high returns for owners!

LONDON, ENGLAND, June 9, 2022 /EINPresswire.com/ —
To meet Delta Finance

Delta Finance is a project using NFT and blockchain technology combined with a concept that banks have been using for years to create a protocol aimed at enhancing decentralized finance, known in the crypto world as DeFi. The protocol took the concept of certificates of deposit, a form of savings account, and translated it into the crypto world. In addition to creating a decentralized savings option, Delta has developed systems to increase the sustainability and reliability of projects in this area. Their protocol allows holders to “deposit” their delta tokens by committing an amount of money for a period of 7 to 730 days. Every day when the money is fixed, the holder receives rewards, the amount of which depends on the duration of the deposit.
The sustainability of Delta’s DeFi project

Many protocols that mimic the savings system in the United States have already been launched into the crypto space, but very few of them survive the past year and even fewer maintain a token price above their launch price. Delta Finance developed three features to ensure the sustainability of the project. First, it has a low annualized yield (APY) of 20,000% that is designed to steadily decline, reducing selling pressure and increasing buying pressure. This allows the project to pay out rewards sustainably at a rate that is realistic for investors. Second, the protocol was the first to bring chain utility to DeFi by launching their radiant NFT collection. This collection increases the rewards received when the delta token is deposited, making the NFTs highly sought after by holders. In addition, the NFT sales support the funding of the APY, which allows the project to achieve longevity. Finally, the project pays out the APY using a stablecoin/$Delta token mix. By delivering 50% of the payout via stablecoin, Delta Finance can guarantee long-term sustainability and consumer trust.

How does the protocol fund the annual percentage return/interest rate?
The protocol has developed 3 different systems to increase the project’s treasury and thus pay the annual percentage return (APY). The first system requires Delta Finance to charge a small dynamic fee for each transaction based on how much the holder is trading, the value of the Delta token, and what the market conditions are at the time. This allows the treasury to expand and effectively creates a progressive tax system for your token. A bond and issuance system, similar to that of Olympus Dao, allows holders to purchase Delta tokens at a discounted price allotted to them over a period of a week or more. The Delta Treasury then mints each token for $1, allowing them to make a profit on each bond (as well as giving the consumer a discount on the token), further expanding the treasury and making the APY more sustainable. Finally, the project also has an NFT collection titled “Radiation” that offers permanent, non-expiring APYs and is in high demand with only 2400 on offer. Sales of the NFT Collection feed into the project’s ability to maintain the APY. Working concurrently with these three revenue streams creates a strong foundation for the protocols and ensures their long-term success to pay off the APY.

The team behind the project
CEO, Yusuph Ali has over a decade of business experience and leads the team on marketing skills. Qris Monocle, the chief operating officer who used to work as a financial advisor, is best known for his Deficrypto.today channel. Monocle has years of experience in the crypto space and offers key insights into the market. Jayden Holloway, content creation and social media expert, carries the project title Chief of Marketing. His valuable insights help the project maintain presence and branding on social media. Tense Lee, the lead developer of the project, is fluent in 3 programming languages ​​and has a total of 12 years of experience spread across the languages. His role includes leading future development teams as more features evolve. Self-proclaimed “born and raised” DeFi builder, the team’s lead blockchain developer. Fluent in four programming languages, Neo Jones is recognized as a blockchain expert. The team is also working with consultant Lorenzo James, known for his Crypto with Lorenzo channel. James Pelton, known for his channel James Pelton, is another key advisor on the project.

What’s next for the project?
Thanks to the CEO’s broad connections in the racing industry. The project is currently working on a motorsport series of NFTs. This collection will be of real use in the motorsports industry and act as a secondary revenue stream for Delta’s treasury, increasing the sustainability of the project as a whole. Motorsport NFTs allow holders to enter a raffle race for a small fee. Prizes such as exclusive tickets, rare interviews, meet and greets, limited edition autographs, invitations to tours, full trackdays, even the native crypto tokens of $DELTA will be awarded to the top three winners of the raffle race (thanks to partners from the real world). . This NFT collection is made possible through the support of motorsport athletes such as Ceran Sokhi Singh Delta’s first real life partner and many other motorsport teams.

Visit Delta’s website for more information.

Thomas Weber
Minty Solutions Marketing LTD.
+49 1522 4511891
email us here

Overview with prominent crypto influencer James Pelton

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