Credefi’s Recent Milestones: From Token Burns to Major Functional Advancements

Credefi continues to grow, aiming to create value for its users and ecosystem while delivering innovative financial solutions.

Let’s have a closer look at some of the most recent milestones the team has achieved, positioning itself for long-term success, highlighted by strategic partnerships, token initiatives, and the rollout of new financial functionalities.

Expanding Accessibility with IBAN Services

Credefi’s IBAN services are in the final stages of a comprehensive audit, which is necessary for the rollout. This particular step guarantees that their IBAN integration will be secure, seamless, and ready to enhance the user experience of the platform.

The testing period is mandatory and lasts 30 days. During this time, the developers comply with stringent standards to uphold their commitment to security and compliance.

The emphasis is on the community’s trust, which remains Credefi’s highest priority as they deliver secure and user-centric solutions to bridge traditional and decentralized finance.

Strengthening the Token Ecosystem with the CREDI Burn

Credefi has executed a burn of 924,059 CREDI tokens on the Ethereum network, marking 180 days since the reopening of its Module X. The details are fully available on Etherscan.

This deflationary approach is part of a broader strategy to reduce the circulating supply, strengthen the token’s value, and build long-term community trust.

Those who want to claim their $xCREDI rewards can:

1. Visit Credefi App.
2. Navigate to Module X.
3. Click “Get Rewards.”

Building on Partnerships: Marshland Capital and Lumia Join the Next Chapter

Marshland Capital is one of the project’s earliest supporters. This partnership highlights the importance of strategic collaborations. The firm has played a considerable role in shaping Credefi’s vision for the Real World Assets (RWA) financial sector and is now leading a new liquidity provision program.

The purpose is to build on the belief in Credefi’s mission to reshape asset tokenization in DeFi.

The project’s entire ecosystem is built to benefit the user, and it has a strong focus on creating value, security, and innovation, but not at the expense of transparency, compliance, and security.

On top of the new liquidity initiative, Credefi has also teamed up with Lumia – a collaboration that reflects its commitment to growth. By combining their solutions with Lumia’s RWA-focused blockchain capabilities, the team intends to offer smarter and more efficient financial services.

The integration plans to bring synthetic RWAs to their fullest potential and reshape the financial landscape.

Bank Transfers and Token Integration

Credefi is also preparing to launch its Bank Transfer service, which is a major milestone in its roadmap. It aims to enhance the platform’s utility and broaden its ecosystem. The feature will leverage CREDI and xCREDI tokens, offering users reduced or even waived fees. These tokens will play essential role in the project’s financial suite, offering real-world benefits and driving demand through practical use cases.

The tokens take central part of the project’s operations to ensure sustained value for its community, while also providing tangible financial advantages.

The post Credefi’s Recent Milestones: From Token Burns to Major Functional Advancements appeared first on CryptoPotato.