Ondo Finance Expands With Solana (SOL) – Everlodge (ELDG) to Become Major Force in $4.548T Market
Publikováno: 26.12.2023
Ondo Finance has expanded their U.S. Treasury-backed tokens to the Solana (SOL) blockchain and ecosystem applications. As a result, investors can now use them as collateral and in Decentralized Finance (DeFi). These tokenized treasuries spearheaded the real-world asset boom to bring traditional assets like bonds and credit to blockchain rails. Everlodge (ELDG) is an upcoming […]
The post Ondo Finance Expands With Solana (SOL) – Everlodge (ELDG) to Become Major Force in $4.548T Market appeared first on Cryptonews.
Ondo Finance has expanded their U.S. Treasury-backed tokens to the Solana (SOL) blockchain and ecosystem applications. As a result, investors can now use them as collateral and in Decentralized Finance (DeFi). These tokenized treasuries spearheaded the real-world asset boom to bring traditional assets like bonds and credit to blockchain rails.
Everlodge (ELDG) is an upcoming DeFi project that will change how people invest in the $4.548 trillion global hospitality industry by combining blockchain technology with AI-driven features. Today, we will be going over both of these projects to see how far they can rise.
Solana (SOL) Ecosystem Expands With Ondo Finance
Solana (SOL) saw a major upswing in activity, after tokenized real-world asset (RWA) platform Ondo Finance said it expanded its U.S. Treasury-backed tokens to the network and its DeFi protocols such as Orca and Raydium.
This is because Solana is the first Layer-1 network after Ethereum where investors can access Ondo’s yield-generating stablecoin alternative U.S. Dollar Yield and a tokenized version of BlackRock’s short-term Treasury bond exchange-traded fund, OUSG. Interest in the Solana crypto has increased as a result of this, but it is not the only crypto to gain significant attention from traders.
Everlodge (ELDG) to Disrupt $4.548T Industry With Blockchain and AI
Everlodge (ELDG) is also making significant waves as it can completely change how traders access the $4.548 trillion global hospitality industry.
This is an upcoming DeFi project and real estate marketplace that will introduce blockchain technology and AI-driven tools that can completely disrupt the real estate market. The project is undergoing its crypto ICO, but has already caught attention.
- Through it, anyone will be able to access properties that were traditionally difficult to access due to them costing millions in upfront capital.
- Everlodge will mint each property as an NFT, and will then fractionalize it into smaller pieces, where each one is worth just $100.
- This way, if a property is worth $5,000,000, it will get fractionalized into 50,000 individual pieces.
- Anyone who gains ownership of these fractions can retain all of the benefits, like value appreciation, and passive income opportunities.
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— Everlodge (@EverlodgeHQ) December 11, 2023
There will also be a dedicated AI tool available to token holders, that will enable them to monitor, and scan global property prices in all territories. This will provide them with up-to-date snapshots of a specific region in a specific time frame, and as such can be used as a predictor.
Alongside this, there will be a Property Launchpad where builders can access funding from the community, coupled with a Rewards Club where anyone can access free nightly stays.
Summary
While Solana is bullish on the charts, a lot of attention is given to Everlodge due to its crypto ICO potential. Aside from Solana growing in value, Everlodge has already reached Stage 8, the ELDG crypto trades at a value of just $0.027, but will increase to $0.029 at Stage 9. With this rate of growth, following its launch and listing on major Tier-1 exchanges, analysts are projecting a price upswing by 3,500%.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
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The post Ondo Finance Expands With Solana (SOL) – Everlodge (ELDG) to Become Major Force in $4.548T Market appeared first on Cryptonews.