Let’s talk about OpenDeFi; Bridging the gap between traditional finance and Decentralized Finance

2 min readDec 21, 2020

Saving and investment over the years have proven to be one of the best route to financial freedom..Initially, everyone trusted the traditional saving financially institutions for that but it's so obvious that Banks are failing us...

Over the years , it was becoming difficult to save in traditional banks because of the following reasons;

Money loses value due to inflation
Traditional institution offers a low interest rate
Bank Limits the number of withdrawals you place on your savings account per month thereby limiting your access to your funds
Most traditional banks compound your interest monthly..

It's was this burning necessity to provide a solution to the inadequacy of traditional banking institutions that OpenDeFi by Oropocket was born..

What is OpenDeFi ?

OpenDeFi simply stands for Open Decentralized Finance ...It's a fintech protocol that enables real world assets on blockchain and it's enables developers build application on them.. OpenDeFi is a project developed by Oropocket.. It's enables investors to participate in crypto and DeFi economy..

OpenDeFi by Oropocket
encourages users participation by creating a yield on real- world asset (Gold, silver and stocks).. This enables long term investors to create value on their assets .

It's offers the following services to it's users;

Oropocket offers an alternative way to save your money by keeping it in assets..Using Oropocket app, users can instantly invest in assets without going through the stress associated with traditional banking institutions
Instantly send assets using an asset based debit card..You can choose to withdraw, send and shop online with your card
Get loans and stake your assets to earn more
Get more out of your assets with inbuilt OpenDeFi integration..

Why should you choose Oropocket??

It's completely owned by You!!!.. Yes YOU.. With Oropocket, it's like having a bank in your pocket..You can buy and sell your assets without any third party interference..

It's worthy of note to say that Oropocket is the first real world assets on Tezo chain and with as low as 0.25% you can run all transactions; no storage fees, no insurance fee and you enjoy 100% liquidity..

What are you waiting for download Orpocket.com/#App and enjoy your real world assets on blockchain.

Go $ORO and own your own bank..