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OPINIONS
All these fintechs but what do they really do with you? Let's dive into what we do for you here at DeZy.
Eric Dadoun
Edited 08 Nov 2021
CEO at DeZy
Looking for a savings plan in Singapore? Higher yields? Yes. But what does DeZy actually do for you, so you can gain access to these yields?
We provide a simplified way to access the benefits of decentralised finance for non-crypto users and those looking for passive yield opportunities. Alongside the core product offering we are also eager to empower our users with knowledge and resources to further their understanding regarding the growing world of crypto, DeFi and its various components.
Sounds good, right? We hope so! Let's go deeper. Sign up to our newsletter to get a monthly update on the state of finance and hear first about our competitions and giveaways.
Before anything, what if the DeZy platform goes offline? Where is your money and can it be retrieved!? Delving into the world of decentralised finance can be stressful when you're starting out. Concepts are vague, and you don't quite understand how the pieces fit together. We're here to help break it down.
Now that you gain a sense that decentralised finance is built upon blockchain technology (in this case a public database). This means that DeZy is never in custody of your funds. We facilitate your funds to move between our on boarding partners and the DeFi protocols we’ve integrated with.
What that means is that if for whatever reason DeZy were to go offline or become unavailable, your funds are still present and recoverable on the blockchain. Through our on-boarding partners and through the security of the blockchain, your funds would still be technically retrievable. At no point in the DeZy process are your funds used for leverage trading, paying out other users or anything other than allowing you to yield on your balance.
Forex? Blockchain transactions? Risk mitigation? We got you. Want to understand more?
Check out our deep dive into exactly what DeZy does and how. TL;DR? We keep Decentralised Finance super simple and super accessible for our users.
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ABOUT ME
Eric Dadoun
Edited 08 Nov 2021
CEO at DeZy
CEO at DeZy and angel investor. Interested in all things tech, crypto and startups.
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