Eidoo, a crypto and blockchain asset wallet platform, announced they will be implemented a new decentralized finance (DeFi) exchange, where users will be able to quickly access different platforms directly. The first DeFi platforms to be integrated are Compound, Fulcrum, and TokenSets.
Along with direct access to these DeFi apps, users will be able to buy, sell their tokens within their wallet. The Eidoo wallet is available for mobile on Android and iOS, and desktop for OSX, Windows, and Linux.
Initial DeFi Apps on Eidoo:
- Compound – a lending protocol that allows users to lend their tokens to others in the blockchain community and earn interest in the process.
- Fulcrum – one of the first platforms for tokenized lending and margin trading. It enables users to lend assets and earn interest, or enter into short/leveraged positions.
- TokenSets – offers tokens with built-in and automated asset management strategies. Each Set is a “smart basket” represented by an ERC20 token. Users can select from six Sets that execute different investment strategies, optimized and based on how bullish or bearish the market is.
Going forward, the Eidoo team plans to continually vet and add more DeFi platforms.
