Log in
Enquire now
DeFiner

DeFiner

DeFiner offers a decentralized lending marketplace to securely borrow and lend digital assets through smart contracts on the blockchain.

OverviewStructured DataIssuesContributors

Contents

definer.org
Is a
Company
Company
Organization
Organization
Cryptocurrency
Cryptocurrency

Company attributes

Industry
Cryptocurrency
Cryptocurrency
Finance
Finance
Financial services
Financial services
Decentralized Finance
Decentralized Finance
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Digital currency
Digital currency
Location
City Of Minneapolis
City Of Minneapolis
B2X
B2C
B2C
CEO
‌
JASON WU
Founder
‌
JASON WU
Bury Huang
Bury Huang
Oussama El-Hilali
Oussama El-Hilali
Chyna Qu
Chyna Qu
AngelList URL
angel.co/company/definer
Pitchbook URL
pitchbook.com/profiles...327291-13
Legal Name
DeFiner, Inc.
Accelerator
Techstars
Techstars
Accelerator Batch
‌
Techstars Class 204 - Hub71 2020 Q1
Number of Employees (Ranges)
1 – 10
Email Address
contact@definer.org
Full Address
100 S 5th St, 1961, Minneapolis, Minnesota 55402, US0
Investors
Techstars
Techstars
SNZ Holding
SNZ Holding
Signum Capital
Signum Capital
Alphabit Fund
Alphabit Fund
Nex Cubed
Nex Cubed
Blockchain Founders Fund
Blockchain Founders Fund
Founded Date
February 25, 2018
Total Funding Amount (USD)
3,940,000
470,000
Latest Funding Round Date
October 2020
Competitors
Liquity
Liquity
Themis
Themis
Business Model
Commerce
Stock Symbol
FIN
Exchange
Hotbit Exchange
Hotbit Exchange
Gate.io
Gate.io
MEXC Global
MEXC Global
AscendEX
AscendEX
CTO
‌
Hilal Al-Hilali
0
Also Known As
FIN
Latest Funding Type
Seed
Seed
Latest Postmoney Valuation
15,000,000
Wellfound ID
definer

Cryptocurrency attributes

Ticker Symbol
FIN0
Maximum Supply
168,000,000
Block Explorer URL
etherscan.io/token/0x...6c5debe40
ethplorer.io/address/...6c5debe40
ethplorer.io/ru/addre...6c5debe40

Other attributes

Blog
blog.definer.org
Circulating Supply
72,006,2560
CoinGecko ID
definer
Company Operating Status
Active
Strategic Partnerships
Celestial (CELT)
Celestial (CELT)
Contact Page URL
etherscan.io/token/0x...6c5debe40
Cryptocurrency Symbol
FIN
Latest Funding Round Amount (USD)
1,500,000
Partner Organizations
0
Token Standard
ERC-20
Total Supply
168,000,000
Written in
Go
What is DeFiner?

DeFiner is a decentralized finance network for crypto savings, loans, and payments. Powered by blockchain technology, DeFiner enables users to effortlessly lend, borrow, and earn digital assets within a global network.

DeFiner Savings protocol aggregates crypto deposits from lenders to the smart contract for users to borrow against the collateral asset that they deposited. The protocol will If there is unused capital in the contract, it will be auto deployed on money market protocol like Compound, AAVE etc.

Capital Reservation Ratio and Compound Ratio

For current available digital assets on the compound protocol (Ether, USD Coin, Augur, Dai, Sai, Wrapped BTC, Ox, Basic Attention Token), as there is cToken available, this enables DeFiner to supply/withdraw assets to compound to improve the utilization rate of DeFiner.

DeFiner auto supplies loan currency to “Compound Network” when capital reserve ratio (R) increases to a certain level, and auto withdraws loan currency from “Compound Network” when capital reservation ratio (R) drops to a range between 0 and 10. Here are the definitions of Capital Utilization Rate (U ), Capital Compound Ratio (C) and Capital reserve ratio (R).

  1. Capital Utilization Rate (U)= total loan outstanding / Total market deposit.
  2. Capital Compound Ratio (C) = total capital in Compound / Total market deposit.
  3. Capital reserve ratio (R) = 1 - U - C.

DeFiner always keeps the R between 10 and 20. When R > 20, it should signal Savings Pool Smart Contract to deposit to compound, which increases the value of C and reduces remaining reserve fund to 15% of total deposit. When R < 10, it should signal Savings Pool Smart Contract to withdraw from the money market, which decreases the value of C and increases the remaining reserve fund to 15% of the total deposit. (This reserve ratio range is globally configurable.)

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Introduction - DeFiner.org

https://docs.definer.org/

Web

References

Find more companies like DeFiner

Use the Golden Query Tool to find similar companies in the same industry, location, or by any other field in the Knowledge Graph.
Open Query Tool
Access by API
Golden Query Tool
Golden logo

Company

  • Home
  • Press & Media
  • Blog
  • Careers
  • WE'RE HIRING

Products

  • Knowledge Graph
  • Query Tool
  • Data Requests
  • Knowledge Storage
  • API
  • Pricing
  • Enterprise
  • ChatGPT Plugin

Legal

  • Terms of Service
  • Enterprise Terms of Service
  • Privacy Policy

Help

  • Help center
  • API Documentation
  • Contact Us
By using this site, you agree to our Terms of Service.