Introduction of FACTR

$FACTR is the native token of Defactor. A well-designed token is the greatest way to coordinate a network, align interests, and encourage ecosystem growth; that’s what the FACTR token does for the Defactor ecosystem.

The FACTR token’s objective is to manage the Defactor ecosystem and incentivize beneficial activities by all ecosystem players, whether validators, asset originators, or active token holders.

Tokens will be granted for acts such as referrals and successful transactions. They will also be made available as an incentive for asset creators and other essential ecosystem partners to contribute to the platform.

Defactor, founded in 2020, was one of the first platforms to put real-world assets(RWA) on the blockchain, allowing asset originators and liquidity providers to participate and readily build a brighter financial future.

Defactor is bringing up a new horizon of possibilities for unlocking working capital for businesses worldwide. Its technology enables the production of digital representations of real-world assets, which can then be utilized as collateral for loans.

Defactor’s $FACTR token is a fundamental component of its DeFi platform, allowing users to access its services, vote on ideas, and earn rewards. Defactor’s objective is to accelerate the adoption of decentralized finance and help businesses worldwide achieve economic success.

Defactor believes that offering access to this new connected economy will usher in a new era of financial independence. Defactor is at the forefront of the financial revolution.

Aurus, the precious metals marketplace company, currently partners with Defactor to provide lending and borrowing opportunities against precious metals in DeFi, beginning with tGOLD (TXAG), thereby setting the stage for the utility of Real-World Assets (RWAs) in DeFi.

This means that anyone holding tGOLD(tokenized gold) can now take a loan using it as collateral on the Defactor platform. Aurus, who specializes in tokenizing precious metals on the blockchain, is working with Defactor to offer lending and borrowing opportunities against precious metals in DeFi.

How to Buy FACTR Token

If you want to acquire this token, log in or register on CoinEx; go to the FACTR trading page at https://www.coinex.com/en/exchange/FACTR-USDT to get started.

History of FACTR Token

Defactor was launched in 2022 and has been listed on several popular exchanges like CoinEX and BingX. Their team members include those who have experience and are passionate about the blockchain and the Web3 ecosystem and also those who have experience in business development.

Ever since its launch in 2022, Defactor has partnered with major industry leaders, which includes Huawei, a tech industry leader and Algorand, the world’s first pure proof-of-stake (PoS) fundamental blockchain industry and other industries like Centrifuge, Zaisan and Aurus cited above.

Overview

Name: FACTR
Official link: https://defactor.com/
Explorer: https://bscscan.com/address/0xdefac16715671b7b6aeefe012125f1e19ee4b7d7
Total supply: 300 Million
Contract address: 0xe0bCEEF36F3a6eFDd5EEBFACD591423f8549B9D5
Twitter: https://twitter.com/defactor_
Telegram: https://t.me/defactor_official
Supported CEX: CoinEx, BingX, ProBit Global, MEXC, Poloniex
Supported DEX: CoinBrain
Convenient for users to know in time：https://www.coinex.com/en/info/FACTR

*This article does not constitute investment advice.