Gennix

• Leveraging on Binance Smart Chain (BSC)
• Porting to Layer 2 Networks with Blockchain Infrastructure
• L2 Scaling Solutions and Sidechains
• Seamless Borrowing and Lending with Lower Collateral Ratios
• TrustScore Protocol and Blacklist Capabilities
• Microlending capabilities

Mission:

Our mission is to inspire and enable the next generation of investors to achieve financial freedom. As a team of developers and researchers with extensive experience within the blockchain and financial industry, we strive to offer only the most effective solutions within the DeFi lending space. We make DeFi readily available for the community and the users we aim to serve, focusing on efficiency and convenience without compromising on security.

Vision:

To establish Gennix as the leading platform in the borrowing and lending space by providing relevant and critical financial tools to retail investors of all levels.

Lending markets mostly appeal to borrowers who require capital for trading or leveraging purposes throughout decentralized financing. A massive inflow of institutional capital through different protocols and networks was recently observed. 

Considering the challenges present in DeFi and the Blockchain Technology space, Gennix is committed to overcoming the technical shortcomings of the present network and bridge the divide between borrowers and lenders.

NFTs are tokenized versions of tangible or digital assets. Each token is unique, authentic, and digitally scarce. In addition, NFTs can only be sold, exchanged, or transferred in their complete form. Because of these unique properties, NFTs have helped bridge assets across different industries.

Gennix is a DeFi Layer 2 lending protocol designed to maximize scalability, composability, and growth. The project has been created to promote end-to-end lending and borrowing of digital assets and related financial products by operating on public networks. A game-changing feature that distinguishes Gennix from other DeFi projects is its foundation on the latest innovative BSC network and the introduction of NFT yield boosters.

The leverage element indicates the amount of liquidity present in each asset pool. A smaller number represents lesser liquidity, whereas a larger number represents more underlying assets forming the liquidity provision. The ability of users to obtain loans is reliant on pools of the underlying assets and liquidity – based on the supplied collateral. 

As discussed above, we plan to offer sophisticated financial products to our users. We decided to introduce goods into our microlending segment as our first bid. Micro-financing provides investors with a far lower cost in terms of interest than conventional banking and Peer-to-Peer (P2P) markets, with time-binding credit. These loans may be taken directly into the wallets and used for different purposes. For small businesses, microlending offers a big use case of capital fulfillment for their daily operational needs.