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PlasmaPay Launches Plasma.Finance to Make Sense of the Complex DeFi Landscape

December 9, 2020 By Crypto Reporter PR

PlasmaPay, a global, digital payment platform enabling seamless entry into decentralized finance, has announced the launch of its DeFi dashboard, and portfolio management service, Plasma.Finance. This new dashboard will give users access to the most popular protocols in decentralized finance (DeFi) by putting everything on one interface.

Serving as a comprehensive solution for both novice and experienced cryptocurrency users, Plasma.Finance offers new features, including depositing funds in DeFi protocols, creating liquidity pools, borrowing/lending, portfolio management, DEX aggregators (Uniswap, 1inch, Balancer), Ethereum/BSC/Plasma/Polkadot chain support, and Web 3.0 wallet support through Metamask and Wallet Connect.

“DeFi hasn’t had the best track record when it comes to user experience. Users new to DeFi are often hampered by poor consumer experiences, as many DeFi protocols, platforms, and blockchains lack the user experience standard of centralized finance (CeFi). As institutional investors begin entering the cryptocurrency market, they need to be able to manage their new portfolios. Plasma.Finance will provide them with the advanced tools that they expect, bringing familiar features of CeFi to the DeFi landscape.” said Ilia Maksimenka, CEO of PlasmaPay, “Plasma.Finance aggregates these discrete elements and provides a single, easily-navigable solution – a major step towards achieving our long-term goal, to bring DeFi to the masses.”

The DeFi dashboard will allow users to access not only a market overview but also a view into decentralized exchanges (DEXes), liquidity pools, savings accounts, cross-chain swaps, and more.

Going beyond professional financial tools, PlasmaPay’s new dashboard will function as a bridge between the CeFi and DeFi markets through seamless fiat on-ramps and off-ramps for all users.

PlasmaPay currently has over 100,000 users in 165 countries and offers easy purchasing options for ether (ETH) via credit card or bank wire.

About PlasmaPay
PlasmaPay is a global digital payment platform enabling seamless entry into decentralized finance. PlasmaPay provides industry-leading UX, crypto/fiat wallets, and fiat on/off ramp services to more than 100,000 cryptocurrency users from over 160 countries via mobile and desktop apps. Headquartered in Tallinn, Estonia, PlasmaPay uses blockchain technology to allow users to securely store crypto and fiat currency, buy and exchange digital assets, send and receive cross-border payments, and build payment networks with zero transaction fees.
The launch of native token PPAY will be the underlying utility of the upcoming Plasma Finance Dashboard, built to be the operating system for the entire DeFi ecosystem. CEO and Founder Illia Maksimenka, along with a highly talented team of 40+ cybersecurity developers, economists, and business professionals are deeply committed to their mission of creating an open, intuitive financial platform that will allow the world to unlock the full potential of blockchain technologies.

Filed Under: Press Releases

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