Escrow Protocol Launches Decentralized Trust Fund to Combat Scams in DeFi

Escrow Protocol is designed to advance control over funds raised by token sales. With its instruments, token sale participants can control the process of unlocking the funds raised.

Escrow Protocol changes the game in token sale transparency

Escrow Protocol represents a new type of smart-contract-based oracle protocol for investor protection. With its instruments, participants of the token sale can control the process of fundraising.

Escrow is #blockchain based #Web3 Oracle platform that investors can use to fund start-ups.

We strive to create a fair fundraising environment by leveraging financial security to manage #DeFi Funds. ?

We stand for #NoMoreScams

Learn more ? https://t.co/4O2iQio3v9

— ESCROW PROTOCOL (@EscrowProtocol) December 14, 2021

Escrow Protocol allows investors to customize time frameworks for the process of unlocking funds. As such, the project team can access new funds only upon completion of predetermined milestones.

During the entire procedure, funds are stored in a purpose-made escrow fund by Escrow Protocol. At the same time, the funds can be injected into a number of reliable stablecoin-based "yield farming" protocols.

This procedure allows users to obtain 15-20% in annualized percentage yield (APY) with very low risks. In turn, this lowers the cap required for this or that funding round.

NFT badges, white-label services and more: Escrow Protocol's toolkit of services

Besides an escrow fund and "yield farming" module, the team of Escrow Protocol implemented a number of cutting-edge instruments crucial for modern Web3 services.

Its interface is easy to use so that it allows even holders with basic crypto expertise to experiment with investing in early-stage startups.

It minted unique NFT badges for projects protected by Escrow Protocol and their counterparties. To ensure decentralized and fair in-protocol governance, the team launched Escrow DAO.

In the DAO, all holders of ESCROW token are able to vote on crucial protocol upgrades and changes to its mechanism. A unique reputation-based scoring system highlights the power of experts during community referendums.

ESCROW token is issued on Polygon chain, one of the most trending smart contracts environment.

Last but not least, the Escrow Protocol team developed a toolkit for white-label integration with existing real-world services. Thus, it can upgrade the credibility and accessibility of existing crypto projects.