Aspen labs is future

Ivan gorkuniv
3 min readJul 13, 2021

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Aspen is a decentralized application delevopment company. The basis of these applications is the transfer of tokens from wallet to wallet or the purchase of new tokens in parts So for example if you wanted to trade $100 worth of Uniswap token for $75 of Ethereum and $25 of WBTC this trade would be possible or payment for goods in stores like PhonePe (India), CashApp (United States) or Alipay (China) only through their application that would be open to the whole world and would have open source code.

Tokenomics

Аspen plans to distribute a pool of 3 million tokens a year, then the distribution will be halved and so on after three years. The token is designed so that all 45 million tokens will not be able to be issued during our lifetime. This is in order to naturally recreate a deflation in supply and a consequent increase the price of the token. Recently, they made one amendment that will not affect the distribution indicator in general. They will allow you to place Aspen NFT bets for the Aspen token. 1,000,000 tokens from the fund will be issued by staking for 10 years. In addition, 10,000,000 are assigned to team contracts that will be issued over a 5-year period, and an additional 5,000,000 tokens have been deposited into the Aspen Foundation multi-signature wallet. This is in order to provide users with a long-term perspective. They believe that instead of burning toxins, it is better to release a certain amount of them into their ecosystem, which will provide value to each token. This tokenomics coincides with bitcoin and as we see, the fruits from this are very large.

This is in order to provide users with a long-term perspective. They believe that instead of burning toxins, it is better to release a certain amount of them into their ecosystem, which will provide value to each token. This tokenomics coincides with bitcoin and as we see, the fruits from this are very large.

This is a graph of the total available supply over the next 15 years. *not including foundation and team tokens

Dlend

After two years of work, apen presented a roadmap. They put it in DApp because a large infrastructure is required. Not just an information infrastructure, but a real infrastructure in accordance with the development of the country. This is an application that will cooperate with investors and students who need money for training or for renting an apartment. In the application, students who want to study in Western countries can get a loan for their needs at 12–16 % range depending on the school and the relationship the borrower has with the lender. This will help people from India, South Africa, Ethiopia to enter a university in Europe or America. For investors, this is a very reliable investment, so the interest rate will be lower than from the farm, but there will be no devaluation of the token and everyone will get their money. the money will not be transferred directly to borrowers, but specifically to pay for the university or housing. It will work like this: the investor deposits his money into a stable token from the token is transferred to fiat to the account of a verified borrower after the loan is repaid, the investor receives the token back plus interest. Each investor will have the opportunity to choose in which region or country he can give a loan or in which direction education or housing.

for exemple

Social Media of project:

Website — https://www.aspenlabs.io/
Twitter — https://twitter.com/LabsAspen
Telergam chanel — https://t.me/aspenlabs

About author:

BTT nickname — Veselist
BSC — 0xc7672BD3dc11b81640256795C6B9e64962068aca

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