Introduction to BitLend: The world’s largest distributed network powered by BTT – Rayrice Forex News

Introduction to BitLend: The world’s largest distributed network powered by BTT

Disclaimer: The text below is not a press release. Editing content.

What is Bitlend?

BitLend It is a new lending and borrowing protocol native to the BitTorrent chain. It has gained the attention of crypto experts, influencers and communities, and continues to do so with its amazing features and functionality. Bitlend is more than your average DeFi app and offers more opportunities for growth.

Bitlend unites the most powerful and respected DeFi protocols and stands for the ecosystem’s strong values. Apart from implementing reliability, security, affordability and transparency, it extends financial freedom to its users.

Bitlend is passionate about fostering innovation. Not only is it the first lending and borrowing protocol to launch on BTTC – it supports multiple coins and features its own governance token that includes a ve-mechanism. Ve tokenomics BitLend provides economic strength and longevity, rewarding our dedicated community members.

Regardless of background and experience, our members can significantly increase their potential and achieve higher goals. Bitlend is dedicated to building a friendly and supportive community, fostering a better understanding of DeFi and creating a unique team spirit.

Why did we choose BitTorrent?

BitTorrent Originally created as a decentralized file sharing service, the network has gradually grown to over 90 million active users. In late 2021, BitTorrent announced the launch of a coin exchange and BTCC. The decision to move to a smart contract platform made BitTorrent the largest network in the crypto ecosystem.

Inspired and determined, the Bitlend team decided to start on BTTC because of the various opportunities it offered. First of all BTTC features are what everyone needs: super fast confirmation times, high capacity and average transaction fees below $01. Of course, BTTC’s fast speed and reasonable price is an easy solution and a real blessing for users, most of whom are limited by expensive chains like Ethereum. Moreover, BTTC supports smart contracts and is compatible with EVMs. However, the most unique and important aspect of BTTC is the interaction between the TRON / BSC and Ethereum chains. It facilitates the seamless transfer of assets from one chain to another and is called “the chain that connects all chains”.

The team behind Bittlend

The Bitlend team consists of 6 experienced professionals who are passionate about changing the industry for the better.

The leader of the team 0xFulcanelli – is a business development specialist with experience in planning the main stages of the project wisely and leading other members.

Mercury Prime manages Bitlend’s budget and oversees business development, assisting the team leader.

As the chief technical officer, 0xAeolus knows everything about the technological side of the project and ensures its safety.

Decameron creates the marketing strategy and ensures that Bitlend maintains a high level of growth and visibility.

ChiaraSealli Bitlend is a content marketing specialist who contributes ideas on how to make content useful and interactive.

Dante manages the community, ensuring that everyone can enjoy their Bitland experience, gain new knowledge and skills, and share successful experiences with other members.

Bitlend security

With Bitlend users don’t have to worry about the security of your assets, allowing them to focus on their goals. Bitlend is constantly looking for new ways to achieve the highest level of reliability and easily deal with any challenges.

Because our priority is security and reliability, Bitlend collaborates with several progressive blockchain auditing companies. Peckshield and Oxorio are the ones we rely on.

PeckShield’s team of industry experts has dozens of years of experience and a diverse track record of success in vulnerability analysis, operating system and malware protection.

The Oxorio team is made up of open-minded and ambitious hackathon geeks who believe in the power of decentralization and have expertise in the development of blockchain and smart contacts. They are also experts in infrastructure and corrosion.

Bitlend is pleased to have successfully completed its first smart contract audit with PeckShield and Oxorio and looks forward to implementing ongoing security measures.

The importance of killer UX

UX refers to user experience and includes things like the landing page and website, the product itself, the service and the community. In other words, UX is everything our customers experience.

The importance of having a flawless UX for Bitlend is immeasurable because it benefits everyone and defines our future results.

The main task for projects like Bitlend is to create the right environment for development and ensure favorable conditions for its users. Maintaining a smooth UX is critical to ensuring user satisfaction, maintaining our loyal user base, and building our community. Our goal is to create the best possible UX and work on the design and strategies. We are committed to providing high quality service to our users and exceeding their expectations.

Check out the following links for up-to-date information and updates on BitLend.

website | Twitter | Telegram

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