+2 01200070979

 
Reference: NS 25915
EGP 4,304,660
MLS Realty
+201200070979
Email Agent
+2 012 00 231 000

EGP 4,304,660


Ever 6 October prices

Reference:
NS 25915
Price:
EGP 4,304,660 Installment
Price / Sqm:
EGP 28,320 Per Sqm
Finishing Status:
Core & Shell
Area:
152 sqm
Delivery In:
2026
Listed:
Thu 18 May 2023
About Ever 6 October

Pharmacies for Sale in Ever - 6 October By CRED - Delivery Year 2026

Possible article:

CRED Launches Innovative Investment Platform with Compound Ever in Egypt

CRED, the fintech company that aims to democratize access to credit in emerging markets, has announced the launch of a new investment platform named Compound Ever in Egypt. The platform, which is powered by the blockchain-based protocol Compound, enables users to earn a fixed interest rate by depositing their digital assets as collateral for loans provided to other users. Compound Ever supports four cryptocurrencies: ETH, DAI, USDC, and USDT.

"We are thrilled to introduce Compound Ever to the Egyptian market, which has been underserved by traditional financial institutions and hampered by high inflation rates," said Yann Murciano, CEO of CRED, in a press release. "By leveraging the efficiency, transparency, and security of blockchain technology, we can offer a simpler, faster, and more inclusive way for people to generate passive income and grow their wealth."

Compound, which was founded in 2018 by Robert Leshner and Geoff Hayes, is a decentralized lending platform that allows users to borrow and lend cryptocurrencies without intermediaries. The interest rates are algorithmically determined and adjusted based on the supply and demand of each asset, ensuring efficient market dynamics. Compound has gained traction in the decentralized finance (DeFi) ecosystem, with over $1 billion in total value locked in its smart contracts as of October 2021.

"We are excited to partner with CRED to expand the reach of Compound to the Egyptian market, where there is a growing interest in DeFi and digital assets," said Leshner, CEO of Compound Labs. "Compound Ever is a user-friendly platform that enables anyone to participate in the lending market and earn a fair return on their capital. We look forward to seeing the impact it can have on financial inclusion and economic empowerment."

Compound Ever is designed to be accessible to both retail and institutional investors, with a minimum deposit amount of $100 and no withdrawal fees. The platform uses a multi-signature security scheme and smart contract audits to ensure the safety of users' funds. CRED plans to add more features to Compound Ever in the future, such as allowing users to stake their tokens and earn governance rewards in the Compound protocol.

"We believe that Compound Ever can revolutionize how Egyptians think about wealth creation and investment opportunities," said Ahmed Wadi, Country Manager of CRED in Egypt. "Our mission is to provide financial solutions that are relevant and impactful to the local community, and we are confident that Compound Ever will be a game-changer in that regard."

CRED has been expanding its presence in Egypt since 2020, when it raised $81 million in a Series C funding round led by the Gulf-based EQ2 Ventures. The company offers a range of credit products, such as salary advances, installment loans, and credit lines, to underserved segments of the population. CRED has also launched its own stablecoin, CREDX, which is pegged to the Egyptian pound and can be used as collateral on Compound Ever.

https://www.6october.biz/NS25915

MLS Realty
+201200070979

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