Defactor

Defactor

FACTR
$0.125001762%1.60

Key Metrics

Price$0.125001762
Real Volume (24H)$666,942.27
Marketcap$14,260,583.63
Fully Diluted Valuation$1,805,418
ATH$0.889581
ATH Date11/14/2021, 7:08:59 PM
ATL$0.00022167
ATL Date11/1/2022, 3:35:45 AM
Circulating Supply79M
Total Supply300M
WebsiteN/A
WhitepaperN/A
Popularity Rank1170
Chart
What is Defactor?

Defactor (FACTR) is a decentralized finance (DeFi) platform that is based on the blockchain technology. The platform enables companies to adopt DeFi and achieve economic growth by managing and controlling the flow of funds. Defactor aims to help small and medium-sized businesses access secure funding that is critical for their growth and development. Traditional financing methods often result in lengthy, costly, and cumbersome processes. Defactor provides a secure and straightforward way for real-world financial assets (RWAs) originators and traders looking for liquidity to leverage the DeFi ecosystem.

The Defactor platform seeks to enable the asset originators to digitize their data to plug into the liquidity pools. Asset originators are businesses, legal entities, or asset managers with RWAs, which they wish to gain financing for. Defactor aims to provide a single-point access for asset originators who seek liquidity but lack the technical expertise to access DeFi. Additionally, the platform aims to provide traders with a diverse range of ways to earn yield from RWA, opening up additional channels for users to utilize their capital.

Defactor provides several tools to users, such as a deal risk calculator, that calculates the risk-weighted valuation, showing what collateral and stake need to be provided for funding. The platform's goal is to offer innovative methods for facilitating lending and trading while providing high liquidity.

FACTR is the native token of the Defactor platform. The FACTR token is utilized for the platform's governance, staking, enhancing positive actions, and gaining network access. According to the whitepaper of Defactor, the revenue generated by the Defactor platform is utilized to repurchase FACTR from exchanges and distribute it to the platform's contributors.

Ernesto Vila, the commercial lead of the platform, and Alejandro Gutierrez, the operation lead of the platform, launched Defactor in 2021. Vila has vast experience in logistics and international commerce, while Gutierrez has extensive experience in supply chain management and finance. The total token supply of FACTR is 300,000,000.

In conclusion, Defactor aims to bring together DeFi and traditional finance by providing a secure and straightforward way for RWAs originators and traders looking for liquidity to leverage the DeFi ecosystem. Defactor provides innovative methods for facilitating lending and trading while offering high liquidity. With the advent of blockchain technology, Defactor provides a promising solution for small and medium-sized businesses that struggle with secure funding, thus enabling them to achieve economic growth.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.

Try for Free

Top Assets

AssetPrice24HMcap
Loading...

We use cookies for personalization, social media, and analytics, and share usage data with partners.