Bringing solutions

During 2021, industry has been watching the development of DeFi, but few people understand the real DeFi and what the market needs it for. In fact, the DeFi niche in the crypto industry has existed for a long time, but in 2021, DeFi 2.0 gained immense popularity and attracted many new users to the crypto world.

However, almost all DeFi projects have fatal common problems:

The life cycle of most projects , in the best scenarios , does not exceed one month. Traditional yield farming equation has a major problem, the token creation process is too fast, which leads to a big inflation and deflates the token price. This paradigm does not fit the description of a sustainable system. Those tokens have no value.

What is our porpose?

As we are a solid team ,living in different countrys, we are united by one thing, the love of cryptocurrency and decentralization, we possess over 8 years of industry experience. Finally , we wanted to make a step forward in our carrers so we came up with the idea to create an innovative defi protocol.That’s why Lotus DAO Finance was created. We’ve had to take the best ideas and tools to develop our unique solutions. We dream to build a healthy and decentralized ecosystem from different areas of DeFi and NFTs.

How are we planning to solve common defi problems?

LOTUS DAO Protocol is a new breath of the DeFi industry supporting cross-chain multi-layer DeFi & NFT protocols, tokens, NFT cards, combined Governance (DAO), redesigned Yield Farming and NFT Minting. As mentioned in our previous post , our economist has designed a new system based on the austrian economics theory about inflation, deflation and monetary issues. (a small excerpt below)

The traditional Austrian story is that cause of the divergence between the market rate and the natural rate is the activity of the banking system. If the banking system expands the supply of money by making more reserves available to individual banks, those banks will have additional loanable funds at their disposal and can, in turn, make new loans. Ceteris paribus, this will mean that banks will have to lower their market rates to attract new borrowers. Assuming that increased supplies of money have no direct and immediate effect on real rates of saving or cause shifts in the demand for loanable funds, there will be no change in the underlying natural rate. As Wicksell’s own analysis suggests, this artificial lowering of the market rate will cause commodity prices to rise. Mises, however, took this scenario and turned it into a full-fledged cycle theory. The key is that entrepreneurs, basing their capital decisions on the lower market rate, lengthen the structure of production, which appears feasible at the lower market rate. As entrepreneurs undertake these longer-term projects, money makes its way to laborers and owners of capital. These groups spend and save this money in accordance with their underlying time preferences, which are in conflict with the signal sent by the market

Users can increase their farming income via our NFTs. And each one of them has different power, this means that every new card will add more interest to your farming.Many DeFi projects have released their NFTs and used them to serve different purposes. However, a huge omission of all these projects is undermining the possibilities and ways of using NFTs, hence, NFTs are not meaningfully applied.

Lotus DAO Protocol has reworked how NFTs are used, bringing huge opportunities which is better than the exisiting platforms that are based on tokens.