TeleFy, in a nutshell, brings in a way to associate trustless tele score i.e, credit score for every wallet. The Tele-Score services come along with the Telefy platform determines the credit worthiness of each wallet and produces most appropriate interest rates for the users who are availing the benefits of lending pool. Based on the holds in the wallet and the transactions performed by the users the Tele-Score gets impacted and so at any point in time, users could pay the interest that suits most for the lending they opted in.
Telefy services include:
- Tele Swap. Tele Swap is multi chain protocol allows users to swap coins, adding liquidity using AMM (Automated market maker)
- Tele Lend. Tele Lend is multi chain automated lending protocol allows users to lend or borrow using Tele score
- Tele NFT. Tele NFT is multi chain NFT marketplace where you can buy or sell NFT. Tele NFT protocol fees will be distributed to the users who staked TELE
- Tele Score. Tele Score is a multi-chain programmable protocol to calculate the credit worthiness based on the transactional data on the block chains
- Tele PAD. Tele PAD is multi chain initial DEX offering launch PAD, users who stake TELE coin can participate in TELE PAD project launch offering.