Agile Finance, a decentralized lending platform announced that it will launch a private token sale in November. Token sales are intended to increase user engagement and to raise funds to develop the platform in order to provide the most efficient lending services among all the existing decentralized exchanges.

Agile Finance allows developers to access a wide range of open financial solutions through an algorithmic, autonomous interest rate protocol. It is the only DEX platform that offers direct DEX Swaps. This allows users to set up liquidity pools, lend and borrow assets, as well as provide liquidity through smart contracts. This platform will be governed by the Agile token (or AGL), which will launch in mid November through a presale.

AGL’s maximum cap supply will be 1 billion tokens. There will also be 100,000,000 AGL for sale during presale. A token’s initial market capitalization will be $2.5million. The presale will have 100 million tokens. Each token will cost $0.03 while the public launch price is $0.05 when it hits the markets. After the presale ends in Mid November, it will continue for 3 more days.

Agile Finance was launched in 2020. It aims to be the best decentralized platform that is stable and efficient. This platform will need a greater pool of liquidity providers, which is why the pre-sales initiative was launched. Simply stated, the platform will be more secure and stable if there are more liquidity providers. This will also increase the AGL token’s value. Cronos is an EVM-compatible chain that lowers fees while providing greater security. This platform welcomes users to join, and it also offers higher participation.

Users will enjoy many benefits from the Agile Finance platform with the upcoming AGL. The token can be used to establish a secured lending platform. Lenders receive a compounded rate per block, while the borrower is charged interest. The LP will pay a high APY to users who supply digital assets and cryptocurrencies as collateral. The yield curve usage of digital assets market will determine the interest rate.

To borrow liquidity pool assets, users can use AGL token. Users can borrow as much as 60% from the platform if they have secured assets. Agile Finance Platform charges an interest rate of compound per block, while the borrower has no obligation to pay monthly payments.

AGL tokens will also be used in governance for selected protocol features. You can also use the token to bid and purchase NFT collections. ERC721 assets and ERC1155 assets are included in the platform. These include art, virtual worlds and trading cards.

For users to start borrowing, they will need to create an account at Agile Finance with their Metamask wallet, Trust Wallet, or Wallet Connect wallet.

The platform plans to list on several central exchanges, including Binance and Crypto.com (NASDAQ:). The platform works to achieve cross-chain compatibility between blockchains.

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