Alta Finance Bringing Real Estate to Crypto with Earn V2
Alta Finance has announced the launch of its Earn saving protocol version 2.0 to provide real estate yield to the decentralized finance community.
Alta offers an innovative approach beginning with its first product, the Earn lending protocol, and the Alta Finance (ALTA) token. Crypto investors can use their Web3 wallets to lend crypto and earn bonus ALTA token rewards.
Alta will use funds lent via the Earn protocol to purchase cash-flowing real estate assets to be placed in the Alta treasury’s short-term, long-term or Dream funds. Detailed Alta holdings will be published monthly in the net asset-value reports for ALTA tokenholders to view. Earn is available at launch on the Ethereum and Polygon networks, with additional networks launching over the next 90 days.
Jeremy Crane, founder and CEO of Alta, said:
“We are pleased to release this major update to our native Earn lending protocol, putting us on an incredible trajectory to bring real estate into the crypto community. This product release will allow the crypto community access to a stable, long-term yield generated from innovative and exciting real estate assets while earning ALTA token rewards.”
About Alta
Alta is on a mission to build ALTA, the token powering the future transition of $280 trillion of global real estate assets for its platform’s treasury. Stable real estate asset returns, once reserved for elite, high-net-worth individuals, are now available to the average investor using the Alta platform.
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Source: igaming
