What is Evrynet
Evrynet is creating a CeDeFi platform that allows other financial services applications to be built on. The chain uses Tendermint consensus and focuses on creating a high-speed, interoperable, secure and regulator-friendly chain. The project is regionally focused on Southeast Asia which has over 435m unbanked/underbanked population and will look at ways to address the gap in financial services through launching several dApps in the future. The first dApp we’re launching is a decentralized exchange called Evry.Finance which will look to bring institutional liquidity and CeFi assets into DeFi. Together with EvryHub (interoperability product), Evry.Finance will evolve to be next generation CeDeFi interexchange that can process transactions at high speed.
Evrynet vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, EVRY would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of EVRY might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including EVRY.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
