AliceFi has officially released!

How to benefit from 8% of annual interest rate right now

Today we’re happy to announce that AliceFi app has officially released on Play Store and App Store! (Android, iOS).

What AliceFi offers Right Now

DAI Saving

Start saving DAI at 8% of annual interest rate. There’s no limit on the amount or the period. It’s completely up to you. You can withdraw some or all of the amount at any time!

How is it possible? The answer is written on smart contracts that are open to the public. The interest rate is precisely calibrated by AliceFi’s smart contracts.

As more crypto assets are saved, the interest rate goes down. It’s solely controlled by supplies and demands of the money market. There’s no central authority who manipulates the interest rate or other policies. You don’t have to trust anyone!

Ethereum Wallet

AliceFi is backed by DPoS PlasmaChain developed by Loom Network. PlasmaChain is fully compatible with Ethereum Network and so is AliceFi! After installing AliceFi, you get your own Ethereum Wallet. You can send and receive tokens conveniently. AliceFi’s UX is at a high level compared to other wallet apps :)

alice.js

AliceFi offers a JavaScript library for developers who want to integrate with its financial services. It supports interchain token transfer using TransferGateway, and starting/withdrawing savings for AliceFi.

Any exchanges, decentralized apps can utilize AliceFi on their own. AliceFi is permissionless, and it’s open to everyone!

You can check the repository here.

What will come next on AliceFi

Instant Loan

Because AliceFi is working on DPoS PlasmaChain, every transaction is confirmed in one second. With the help of the chain, AliceFi’s very next feature, Instant Loan, is revolutionary in its speed and usability!

Here’s how you can benefit from it. First, deposit tokens as collateral which you believe whose price will increase. Then, you will get paid for your DAI tokens. Use your DAI and pay it back whenever you want!

It will come at the end of July, 2019. Stay tuned!

Exchange

AliceFi was originally started with an idea of a decentralized exchange. That’s why we chose DPoS PlasmaChain which guarantees sub-second confirmation. After Savings and Loan grows in some point, we’ll release a decentralized exchange which is super fast and easy-to-use. Unlike centralized exchanges, your asset is your own. No-one can control your tokens!

Conclusion

AliceFi’s goal is clear: a decentralized finance app that anyone can use without trust. Up until now dapps were slow and inconvenient to use. Users even faced challenges learning how to use them.

When using AliceFi, you won’t even notice that it’s backed by blockchain. Be surprised that a dapp can be so easy and fast. You can download now and experience it!