Introducing Layerfi Platform

Logan_Layerfi
layerfi
Published in
2 min readNov 29, 2020

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We are honored to introduce Layerfi project to you today for the first time. We will be serializing Layerfi project in an easy-to-understand series through our Medium and Github.

The global cryptocurrency market is rapidly changing since the attention is being drawn to the decentralized finance platforms, which have been an investment frenzy this year. These changes allow individuals to access and manage their digital assets anytime, anywhere, and protect their identity through a completely encrypted blockchain technology, so that they can be free from any information disclosure from central agencies. So, we started Layerfi project with a sense of mission to create a user-friendly platform for decentralized services.

Layerfi project aims to present a new direction for the decentralized financial market. Although recent defi projects emphasize stability and profitability, it is easy to find cases where the balance of supply and demand under high APY collapses and the entire project fails. Based on these cases, we have asked ourselves the following questions as we prepare layerfi platform.

Which platform will users be attracted to more among countless Defi projects?
Will NFT really be valuable in the Defi project?

In the end, we realized that in order to create ‘platform for users to truly use’, we need to provide service that allows investors to feel sense of belonging, to deposit assets stably and effectively utilize NFTs.

1. Finance — Farm & Stake
2. NFT — Membership Card
3. Exchange — NFT Market & initial Sales

To solve these problems, Layerfi has built a variety of revenue sharing models that combine NFT and DeFi as well as stable digital asset deposit service within the platform.
NFT within the Layerfi platform presents a new direction in the existing Decentralized market that connects its scarcity to the value of assets through a paradigm shift of NFT, not a simple item of other projects or an NFT card that is difficult to judge the value like MEME.

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