🏠What is Degenerate Finance?
The real-yield, revenue-backed protocol on Arbitrum hosting all that DeFi has to offer.
A real yield platform offering APRs reaching as high as 150%, intertwining both ERC-721 NFTs and ERC-20 Tokens to maximise the potential and usefulness of DeFi.
Degenerate Finance is designed to be THE hub for DeFi, from onboarding the most inexperienced users, to hardcore degens within the space, it is essentially a 'one-stop shop' for everything DeFi.
For a project to be desirable, they usually maintain a ponzinomic like view - offering high APRs that eventually will die if there is no volume backing it. Sustainability is key in any project and with the various revenue-producing utilities on board for our project, it has been designed in a way that both longevity and growth is our core goal, but not taking away the full experience of what DeFi has to offer in comparison to TradFi.
Our project consists of a multitude of utilities;
Highest sustainable yield within DeFi.
Perpetual futures trading platform, allowing deposits of both our NFTs and native token, other large coins e.g. BTC, and stables. (up to 200x leverage, for true degeneracy.)
A brand new Copy trading staking pool - stake your tokens and let the pros do the work.
Borrowing/Lending platform.
Casino platform, utilizing our NFTs further in-game (think gamify)
Native ETH rewards distributed to holders from accrued fees on our utilities.
The DeFi wallet. Truly ran decentralised and an All-in-One dApp host allowing the most convenient way of navigating throughout DeFi.
What is the project's main goal?
Degenerate Finance's goal is to become a household name within DeFi, offering generous benefits, rewards, and passive income options with a platform to trade upon. Simply put, become the number one platform for all traders to trade, interact and navigate your way through DeFi. The mission of the company is to become a central hub preferred by communities to safely stake and earn income through rewards.
Problems that CEXs face:
Lack of Transparency
Regulatory risk (Geographical limitations)
Counterparty risk: bankruptcy or other legal dilemmas.
Limited control for users.
Not your keys, not your crypto.
How we are fixing those problems:
On chain data.
Decentralised, accessible anywhere.
Secured and not controlled by one entity.
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