Technicorum Holdings Announces Gennix, a Low-Fee Micro Lending Platform for Binance Smart Chain
SINGAPORE, July 20, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) –– Technicorum Holdings (https://www.technicorum.com/), an IT and service group specializing in Digital Assets and successful incubator of innovative DeFi and NFT project KingSwap, today jointly announced the Gennix microlending platform, launching in August. Gennix is a decentralized, frictionless digital asset borrowing and lending protocol that leverages Layer 2 scaling solutions on the Binance Smart Chain (BSC). Gennix is built for everyone from working professionals to investors to entrepreneurs. Using low collateral ratios and yield boosters, Gennix intends to create a fair system that generates income for all investors with the aim of reducing the wealth gap between socio-economic classes.
“Many of the incumbent DeFi/CeFI borrowing/lending platforms require excessive collateral for users to take loans. They also charge high platform fees and provide subpar returns”, said Keefe Tan, Project Director of Gennix. “Gennix is turning the tide by providing investors with a seamless lending and borrowing tool with more equity and higher yields for investors new and old. The utility of DeFi and crypto will continue to increase, uniquely positioning Gennix in a prime spot to capture a large portion of market share.”