18/07/2023
The Plena DeFi ecosystem is distinct in that it offers the most interesting prospects, markets, and product synergies. It also has a strong infrastructure.
While maintaining all the advantages, characteristics, and features of decentralized finance, Plena Finance offers consumers a user experience similar to that of a centralized exchange.
Mobile devices account for a sizable portion of Internet traffic worldwide. Over 90% of people who used the Internet in 2020 did so via a mobile device. At the time, this percentage represented 4.28 billion distinct mobile Internet users.
Due to the dearth of mobile-compatible blockchains, dApps, and DeFi platforms, consumers have been forced to visit websites for these projects that have extremely substandard user experiences and security. The Plena team was interested in the current mobile-first generation when developing Plena, and they envisioned a DeFi ecosystem and experience that felt natural and elegant. And consumers only need a mobile phone and a reliable internet connection to enjoy these functions.
Plena provides the following use cases:
Ø Borrowing and lending
Ø Yield farming and optimising through staking
Ø Governance
Ø Available to all NFT markets
Plena addresses the problems facing various industries by connecting them to decentralized finance through the assortment of tools and services (described above), which are all hosted on a single platform. While Plena customers will benefit from the deployment of a wide range of DeFi services that link them to the future of finance, they will also keep ownership of their assets while they trade them on the global market.
The Polygon blockchain is being used as the foundation for Plena. This is a component of a larger plan to make it more appealing to the general public and potential users. The fact that Plena is launching on Polygon supports their goals for scalability and will make user onboarding for potential users in the DeFi area simpler than it has ever been.