Gain Rental and Gain Matcher allow users to set their own terms and trigger a chain reaction of financial gains in a secure environment, with minimal guarantees.
Wellington, New Zealand – ChainGain, the decentralized financial platform, offering innovative products suitable for many individuals, ranging from lending and borrowing protocols to capital leasing, announces two innovative products intended to disrupt DeFi rules and break down barriers collateral. Gain Rental and Gain Matcher are two broad spectrum products that guarantee financial gains in a secure environment. From investors accessing capital with a minimal amount of collateral, in a completely secure ecosystem, to people wanting to put their cryptocurrency wallet to work to generate passive income through the loan pool or through peer-to-peer lending, the news platform bridges the gap between daily financial needs and the DeFi paradigm, to create the decentralized protocols to meet a wide range of financial needs.
Gain Rental is the product that challenges the classic DeFi loan system. Usually DeFi loans are a quick way to access capital, but not unless you already have more capital to put aside as collateral. ChainGain solved this problem by creating a pool from which borrowers can rent for a fixed term by paying a daily rental fee with only 10-15% collateral. The fuel for the capital rental engine will be provided by a capital pool which lenders can join by adding capital and realizing capital rental expense gains in a short period of time. The capital of the lenders will be protected by the smart contract applied, the reverse investment and the liquidation mechanism triggered by the platform’s monitoring system.
The second product is the Gain Matcher – a peer-to-peer lending and borrowing service. This is a classic collateral-backed loan service, allowing users to maximize their capital by borrowing or lending, while setting their own terms and conditions for existing offers.
In order to serve all possible users of capital, regardless of their technical and cryptographic knowledge, the ChainGain platform has been designed to incorporate two key characteristics: trust and simplicity. Whether you choose to be a lender or a borrower, ChainGain only has advantages: easy access to higher yields, minimum guaranteed loans, fast and convenient peer-to-peer lending, setting their own terms and a safe environment which ensures that the lender always gets his money.
Stephen Davies, CEO and Founder of ChainGain:
“For quite a long time, crypto borrowings were tied to over-collateralized loans, creating a closed loop of investors and traders. We are democratizing the DeFi paradigm by allowing people to access capital without the burden of collateral and that will take things to another level. We are now living in a new paradigm of distributed services and globalization that is based on technology, flexibility and diversity. We live in a diverse world populated by people with different needs and resources. It’s time for finance to enter this paradigm and DeFi is here to restore the rules“.
At the heart of the protocol, ChainGain relies on key partners such as DIA or Uniswap to offer class A financial services to its users and has a rich roadmap of integrations and partnerships to follow.
The company recently had its first IDO and raised $ 580,000 after two rounds of oversubscribed funding through Genesis Pool. The ChainGain CGN token has also been listed on Uniswap and is now available to all public investors.
The ChainGain platform is expected to go live in the first quarter of 2022 and reach global markets and customers around the world.
ChainGain is a decentralized financial platform, offering innovative products suitable for many people, ranging from lending and borrowing protocol to leasing capital. ChainGain’s mission in the DeFi paradigm is to provide people with freedom of transaction by creating a viable, completely secure and trustworthy alternative wealth-generating platform. From investors accessing capital with a minimal amount of collateral, in a completely secure ecosystem, to people wanting to put their cryptocurrency wallet to work to generate passive income through the loan pool or through peer-to-peer lending, the news platform bridges the gap between daily financial needs and the DeFi paradigm, to create the decentralized protocols to meet a wide range of financial needs.
Contact: Andreea Albut, Strategic Communication Advisor
E-mail: [email protected]