Truly Optimal and Sustainable Yields Become a Reality with ETHA Lend's Upcoming Mainnet Launch

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London, United Kingdom--(Newsfile Corp. - July 14, 2021) - ETHA Lend, a hybrid yield optimizer that aims to abstract the complexity in DeFi, has announced its much-awaited Mainnet launch on July 15th, 2021. Built by a passionate team to make algorithmically driven yields inclusive, elegant, and simple for all user classes, ETHA Lend now adopts extreme scalability and near-zero gas cost thanks to their decision to deploy the Mainnet on Polygon. Polygon is an enterprising scaling solution for Ethereum, with a rapidly growing ecosystem.

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ETHA Lend

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ETHA Lend aims to empower the masses with yields that are profitable and sustainable in the long run. The protocol hosts a suite of DeFi yield optimization features that help their community save on gas fees, enjoy optimized percentage yields, and more all together in one single platform.

The main feature of the protocol is a discovery algorithm that calculates asset allocations for asset supply as small as 1000 USD to supply as large as 1,000,000 USD in under a second. Comparing the speed and efficiency of this discovery algorithm with existing solutions, it is 700 times faster and more efficient.

A dive into the features that come out with the protocol's Mainnet gives more insight into why ETHA Lend holds the potential for incredible growth and exposure:

ETHA Smart Wallet

ETHA Smart Wallet is a hybrid non-custodial wallet, able to batch multiple transactions with several different assets, all at once. It also eliminates the need to pay for approval or authentication fees for protocols and Apps that users interact with for the first time. These two mechanisms of the Smart wallet automatically save up users' spending on gas fees dramatically.

The ETHA Smart Wallet sports other interesting features, such as wallet delegation to others. It is perhaps the fastest and most efficient wallet capable of executing atomic transactions. This brings the prospect of ultra-fast liquidity for APY pairs with higher yield prospects. To this end, the protocol can introduce time and cost efficiency for their users.

eVaults

ETHA Lend will initially launch two eVaults with the Mainnet - QuickSwap eVault and Curve eVault. Both of these vaults offer a strong impermanent loss feature, providing extreme mitigation against economic risks. But the most interesting aspect of the eVaults is their stable asset strategy designed to provide risk-disinclined users true stability on their investments. The eVaults takes in stable assets including DAI, USDT, and USDC as deposits and gives out returns in volatile assets including ETH, BTC, and ETHA token.

A Consolidated Lending Market

ETHA Lend's DeFi lending market provides the user with algorithmically driven returns, thus clearing the fog from market opacity. In addition, users can deposit and swap their assets and withdraw or claim their return via one single page (the My portfolio page) on the protocol.

The team behind the protocol has launched a hybrid lending market that reduces the effect of short-term volatility on their discovery algorithm output. This gives lenders a much more stable and predictable lending mechanics.

ETHA Lend represents the true future of DeFi yield optimization, where all users access previously inaccessible opportunities. The protocol is changing the current landscape with its suite of yield optimization features. On July 15th, when ETHA Lend's Mainnet launched on Polygon, it will be interesting to witness the emergence of the next big breakthrough in DeFi!

For more information, visit - https://www.ethalend.org/

Media Details:
Company: ETHA Lend
Email: [email protected]
Company Website: https://www.ethalend.org/
Twitter: https://twitter.com/ethalend
Discord: https://discord.com/invite/E9tqvR37Qs
Telegram: https://t.me/ethalendcommunity
Reddit: https://www.reddit.com/r/ETHA/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90198

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