Traditional banking is slow, inefficient, and all-around outdated. These paper-based systems can hardly keep up with today's smartphones-based economy. The markets rely on digital transactions now more than ever. The problem with this scenario is that the current market is still centralized. Sadly this leaves investors on the short end of the stick in terms of profit shares.
Luckily, there are some creative decentralized options now available to investors. These platforms take the power from the central banks and redistribute it equally among users. In this way, DeFi users gain more control over their financial future.
What is CILIO
CILIO is a next-generation DeFi ecosystem designed to meet the needs of the digital economy. This platform includes features that simplify crypto investing, blockchain business management, and hedge fund investing. Best of all, you can earn daily interests for your participation. Try pulling that off at your local bank, impossible.
What Problems Does CILIO Solve
CILIO solves a multitude of problems currently in the market. For one, CILIO provides banking services to the unbanked. Unlike a traditional bank account that requires you to come into a branch and jump through numerous regulatory hoops, CILIO is open to anyone. In this way, it democratizes the entire market.
Additionally, CILIO attempts to rectify the problem of profit centralization. When you walk into your bank and get a loan, they might be loaning you someone else's money, or lending your money out, however, you won’t receive any extra payments for their use of your funds aside from a miniscule interest payment.
In comparison, DeFi networks put the profits were they belong, in the pockets of bank users. There is no central bank holding your cryptocurrency and you can lend your crypto out to other users via the lending pools. You earn the interest, not a central bank. In this way, CILIO flips the centralized economy on its head.
How Does CILIO Work?
The CILIO concept is simplistic in nature. The platform allows anyone to deposit Bitcoin, ETH, DAI, USDT, and USDC into a lending account. These funds earn interest daily. Unlike the competition, there are never any time limits, hidden fees, or early withdrawal penalties.
Most DeFi platforms charge fees for these actions. These fees can add up over time and eat away at your ROI. Savvy investors know to avoid these platforms to keep their earnings safe.
Lend
The market is full of investors who hold crypto with no intention of selling it. For these investors, lending your crypto out is a smart way to make some extra crypto without the risks of trading. You can lend as much or as little of your crypto as you desire. It all adds to your interest payments.
Borrow
You can borrow crypto on CILIO at some of the most competitive rates in the market. The system provides instant approval via the lending portal. You can take your crypto loan and use it to do some margin trading and increase your ROI significantly. Notably, all the loans made on CILIO are deposited in the form of stable coins. In this way, you avoid any losses due to volatility in the market.
Pay
CILIO also functions as a futuristic payment platform. You can send and receive funds globally in seconds. The platform features a transactions-per-second (tps) rate equal to that of large payment processors such as MasterCard or PayPal. In this way, CILIO is ready to scale to meet the demands of the masses.
No fees
Another amazing feature CILIO introduces to the market is no fee payments. Yes, you can send your crypto globally for free. This feature alone is enough to catapult CILIO to the forefront of the DeFi revolution.
Security
The developers went to extreme lengths to ensure that your cryptocurrency remains safe. For example, all your crypto is held at CYBAVO. The CYBAVO VAULT is a commercial-grade digital asset and management platform. The platform includes a wallet management system designed to fulfill business account requirements. In this way, CYBAVO provides business owners and digital asset managers the ideal tool to manage different wallets securely.
Flexibility
Users gain flexibility when they enter the CILIO ecosystem. Most DeFi systems require you to lock your crypto up for a certain amount of time. The problem is that when your crypto is in this lockup, you can’t use it. CILIO eliminates this concern by removing lockups and allowing you to withdraw your holdings whenever you feel like it.
Referral Fee
CILIO currently offers a fantastic referral bonus to users. If you invite a friend and they create an account, you can look forward to 10% of their daily interest. These rewards arrive in your wallet daily. Most DeFi companies take a week to provide your profits.
How to Join CILIO
Joining CILIO is simple. The registration is easy and takes about five minutes to complete. You will need your email and a password to set up your account. Once you receive your login credentials, you are able to begin earning crypto with CILIO.
Loading your wallet is simple. You just copy the address provided and send your crypto to the destination listed. It’s important that you copy and paste this address. If you attempt to rewrite the address you risk the chance of messing up the account and sending your crypto into limbo. Luckily the platform makes the entire process really simple.
CILIO - Banking for the People
You have to hand it to CILIO. This platform provides users with a huge amount of opportunity and flexibility. The fact that there are no lockups or withdrawal penalties is another reason you can expect to hear a lot more from CILIO in the coming weeks. For now, interested users can register for free.
CILIO is a perfect example of how DeFi continues to put CeFi on notice. Soon the day will arrive where the centralized economy will have to bend to meet the benefits of DeFi or fall to the wayside. For now, CILIO is ready to serve the needs of the digital economy in new and exciting ways.
