Espento

What Is Espento ?

Espento is an algorithmic money market created solely on Binance Smart Chain (BSC).

The Protocol Brings To The Decentralised Finance (DeFi) Ecosystem A Simple Crypto Asset Swap, Bridge, Stake, And Lending-Borrowing Solution. Allowing Users To Borrow Directly Against Collateral At Rapid Speeds While Incurring Less Transaction Costs. In Addition, Espento Allows Users To Bridge Cross-Chain Assets To EUSD Stablecoins On-Demand Within Seconds By Posting Needed Assets To The Espento Bridge Smart Contract.

EUSD Tokens Are BEP-20 Token Assets, Whereas SPENT Tokens Are Likewise BEP-20-Based, But Are Used For Espento Protocol Governance And May Be Used To Vote On Updates. Includes New Collateral Types, Parameter Changes, And Product Improvement Organisation.

The Governance Of The Protocol Is Entirely Controlled By Espento DAO Community Members, Since The Espento Founders, Team Members, And Other Advisors Do Have Any SPENT Token Allocations.

Who Are Espento's Founders?

The Development Of The Espento Project Is Being Undertaken By The Developers From Different Countries Of The World As A Team. The Main Goal Of Espento Is To Achieve Decentralization Through Community-Governance. There Are No Pre-Mines For The Team, Developers, Giving SPENT Holders Total Control Over The Path The Espento Protocol Takes.

What Makes Espento Unique?

The Key Strength Of Espento Is Its Fast Speed And Incredibly Cheap Transaction Fees, Which Are A Direct Result Of Its Build On Top Of The Binance Smart Chain. The Protocol Is The First To Allow Users To Have Real-Time Access To the Liquidity Pool For BNB, BUSD, USDT(TRC20), BTC, ETH, And Other Cryptocurrencies Via Bridging Protocol.