EFG is not a bank. It never holds your funds and never manages your funds. However, DeFi gives us some amazing options with the way that we…
The concept of “lending and borrowing” has been around for ages and is one of the core aspects of any financial system, especially the “fractional banking” setup that is predominantly used across the globe today. The idea is extremely straightforward — i.e., lenders provide funds to borrowers in return for…
A Chinese proverb says that “When the winds of change blow, some people build walls and others build windmills.” DeFi is becoming the “windmill” to adapt and innovate in today’s financial infrastructure.
Decentralized Finance (DeFi) has been perhaps the buzzword of 2020 in crypto, 2020 was the year when the…
DeFi, or decentralized finance, is turning into the most important nascent trend in finance.
The ability to borrow funds, take out loans, deposit funds into a savings account, or trade complex financial products — all that without asking anyone for permission or opening an account anywhere — is quickly gaining…
ECOC Financial Growth (EFG) has been listed on Boboo, the world’s first PoB (Proof of Behavior) cryptocurrency trading platform, and begin trading on Tuesday, January 5 14:00 (UTC+8). The deposit or withdrawal service started at 12:00 (UTC+8) on the same day.
EFG token is supported at launch with EFG/USDT trading…
Grace Period Token (GPT) will be listed on Boboo, the world’s first PoB (Proof of Behavior) cryptocurrency trading platform, and begin trading on Thursday, December 31 17:00 (UTC+8). The deposit or withdrawal service will be available at 15:00 (UTC+8).
GPT will be supported at launch with GPT/USDT trading pairs available.
Staking is a great way to maximize your holdings in staking coin or token. Once you have staked your assets, you can earn staking rewards on top of your holdings!
After we have launched the EFG dApp Staking, all the EFG stakers might wonder how this dApp is exactly calculate…
After the successful launching of EFG dApp lending, we currently have 2 pool loans available for lending. In each pool will have 100K EFG inside. The following are the names and addresses of the pool loans:
Pool 1: (THEMIS) ELt364o3jBDuEZmJPVdM28ku82NB52dZ5h
Pool 2: (GALAXY-K) EXoRPHdQAw4BMjtSvWRhFYxt8ZnkxGL7hm
You can find the pool loans by visiting the EFG Lending website. When you
deposit collateral (ECOC) in the dApp lending, there will be a list of loaners for you to choose.
Note: For borrowing EFG, users will be charge 0.03% interest rate of the total borrowing amount.
Start lending on dApp NOW!
For more information
We are delighted to introduce a new feature of ECOC, “EFG Lending System”.
The EFG lending system is officially launch now! You all can start lending EFG by going to the EFG Lending website.
Prepare your ECOC and start lending EFG now!
How do I start lending EFG?