Torii Finance: What is it?

Torii.finance is a group of protocols based on the Binance Smart Chain that allows users to optimize and manage their earnings on fungible and non-fungible assets via lending, staking, and other DeFi services.

In addition to providing its services on a decentralized basis, Torii Finance provides a community-oriented environment without the use of a centralized governing body or custodians.

To enable this and grow the utility value of their network, Torii Finance has created a multitude of incentives around their token, $TORII.

As a platform, Tori Finance offers a diverse assortment of independent products and instruments, such as:

Earning Opportunities: You can earn optimized rates of interest on selected investments using specific decentralized financial instruments.

Vaults and Savings: Investment vehicles employ specific strategies to produce the highest returns from other projects (Deflationary, DeFi, and NFT).

Decentralized Asset Management (DAM): Identification of valuable token asset opportunities within the Torii community, including fungible and non-fungible token assets.

TORII Token:

On the Torii platform or one of its partner platforms, TOrii tokens can be earned by enabling the staking process and participating in locked blockchain smart contracts.

The company’s strategy allows its community and maintainers to profit from “yield farming”, a practice in which people lock up crypto assets in their protocols to earn more cryptocurrencies (fungible or non-fungible tokens). With Torii Finance’s platform, all protocols reward users in the form of tokens depending on the amount of fungible and nonfungible assets they lock up.

Before Torii Finance’s public launch, the company launched three staking rounds and accumulated over $200,000 worth of value.

TORII tokens serve primarily as a tool to combine and consolidate the coordination between community members and the Torii Finance protocols that provide value to the community. By operating in a decentralized manner, Torii can innovate at a rapid rate, where other companies are lagging.

TORII TOKENS: Initial Distribution

Rather than launch the fair launch with a presale, Torii Finance decided that it would be more beneficial to partner with progressive industry leaders and innovative tokens, such as GOMA Finance, and follow the same incentive structure underlying the protocol’s primary reward and DeFi functions.

To enable new members of the community to receive value before the launch, the first stages of distribution occurred through staking and a community airdrop.

Getting started with staking

The success of the first round of Torii Finance staking rounds sparked community growth as well as extensive participation in the development of the company as a major player in the BSC (Binance Smart Chain) eco-system.

TORII’s Evolution

Even though Torii Finance started with staking and a focus on partnerships, the ecosystem and token are designed to be dynamic and ever-changing.

To maximize consensus-driven evolution, decisions on formal structures will be voted on by the community and further governed by the community’s considerations for function and form.

Torii Finance Products:

iiEarn, iiSave, iiLend/Borrow, and iiAssetize, the products of Torii Finance, are getting ready to launch, and a presale will take place at the end of August. In September and October, the company’s team, technology, and worldwide communities are expected to see huge improvements.

iEARN: Invest in your favorite cryptos or digital assets and get the highest yields from your investments.

iiVAULT: This is where specific assets that have been pre-determined interest rates are earned on. As assets are deposited, they grow and produce passive income without risking any money.

In short, iiLend is their cryptocurrency loan and collateralization protocol providing seamless digital loans designed to prevent long-term debt repayment and recovery.

iiASSETS: 

Its ecosystem is significant because of the role played by digital assets, both fungible and non-fungible. Using iiAssets, we can generate generative, data-centric, or fractionalized digital assets so that we can enable our community to own and earn from next-generation financial assets.