EYFI Finance, the crypto asset management, and yield farming finance platform, has developed a marketplace for NFT and IDO. EYFI also offers new agilities to crypto investors within the BSC ecosystem.
London, England, June 26, 2021 (GLOBE NEWSWIRE) — EYFI Finance is web-based cryptocurrency management and community-driven platform established in 2021. The new name in the crypto market, EYFI, aims to proffer crypto services and the platform for 1,00,000 users from over 40 countries. At EYFI, traders, liquidity providers, and developers alike are empowered to penetrate a marketplace convenient for lend, borrow, EYFI stack and yield farming, and EYFI swap.
Enlightening the platform’s focus and aspiration, the CEO of EYFI Finance stated, “We want to be known for our ongoing efforts for the development of decentralized and centralized exchange development. A few early works of us have awarded us with the label of ‘pioneers of Crypto Exchange Technology,’ and we focus on continuing growing to achieve greater goals in future.”
In the current crypto investment market, the term “Yield Farming” has become quite popular. Yield farming is the process of locking funds to gain greater rewards from the market. EYFI advantages holders to higher APIs, letting them lend out cryptos under Defi protocols through its interest platform for gaining adjustable interest rates to lending markets.
EYFI has assembled all these facilities with the utmost level of practicality and efficiency since, from its core, it’s an AMM Dex platform. AMM (Automated Market Maker) comes under a decentralized exchange protocol category, utilizing mathematical formula or pricing algorithm instead of traditional exchange’s order book. Moreover, EYFI’s Cross-Chain AMM Dex, being a highly competitive protocol, empowers users to change to other blockchains just by a few clicks.
EYFI Finance finely attunes NFTs and IDO marketplace with a cross-chain platform with the help of Binance Smart Chain. Binance Smart Chain is a type of blockchain technology, more efficient than other variants because of being faster and cheaper. Besides offering a decentralized platform, EYFI increases inspectability and security, transparency, self-custody, permissionlesssness, and more for its users.
About EYFI Finance
Incepted in 2021, EYFI currently operates in the crypto market with a diverse and far-reaching group comprising a member from close to every continent. The EYFI community is present in Europe, South Africa, Russia, the USA, China, Vietnam, and Korea, comprising over 20,000 people. For more details, please visit https://eyfi.finance/.
Let’s talk about the elephant in the room: Amazon is undeniably the king of e-commerce, and it’s here to stay. Not only is it the largest e-commerce platform by revenue in the world, half of all online shoppers visit Amazon to search for a product, even if they buy it elsewhere. Each month, over 197 million people globally search Amazon for a product (and 90% of shoppers use Amazon for price checks).
With 12 million products listed on Amazon, it’s not good enough to be good enough. Real profitability lies in having the right tools to increase sales. If you want to sell on Amazon—and be successful—you need game-changing insight into attributes. Line Item makes this possible.
Line Item is a new performance analytics platform that gives consumer packaged goods (CPG) and e-commerce marketing managers insights into e-analytics and product attributes to drive revenue and profitability. It’s a powerful tool to help you increase your Amazon sales and your e-commerce sales in general.
Line Item has an algorithm that tells you how your products respond to search terms and how to improve your response. If you want to sell on Amazon, Line Item will tell you what your competition is doing differently—and what you need to do better.
Line Item helps you identify and track close competitors on Amazon and across other sites to help you sell more (and more profitably). It can help you analyze your e-commerce performance to address key questions like:
Do competitors get better page rank because they’re doing a better job with titles and features?
Are your products priced right?
Are competitor items unavailable?
Do competitor items have long delivery times?
Knowing the answer to these—in addition to other e-commerce insights—can help you increase your sales, on Amazon and in general.
Line Item helps you sell more on Amazon
Other e-commerce services and tools make the user identify competitor items to track by product codes like ASIN, GTIN, and SKU. Line Item does not. Our attribute algorithm makes it much easier to get insights into what your competitors are doing well on Amazon and other sites—and where they are not, so you can capture opportunity.
The Line Item attribute difference
By item, Line Item captures page rank, price, reviews, availability, and delivery times. Then, using titles and features across a dozen or more websites, we figure out all relevant attributes you should be tracking to be more successful in your e-commerce. This takes the burden off the e-commerce manager and gives you much more actionable insights.
Import restrictions and local officialdom can hinder ecommerce merchants’ access to the booming Latin American market. SkyPostal’s A.J. Hernandez points out some of the region’s quirks and suggests ways to manage them.
Local laws and regulations, such as a rumored ban on importing cosmetics into Mexico, can interfere with e-commerce merchants’ efforts to expand into the rapidly growing Latin American market—or at least appear to. “Latin America is the fastest-growing regional e-commerce market in the world,” says A.J. Hernandez, president and CEO of international business-to-consumer shipping firm SkyPostal, Inc. “It’s possible to market there the way you would anywhere else. You just have to know how.”
As an example of the need to know how, Hernandez cites the supposed prohibition on importing cosmetics into Mexico. It arose, he explains, because Customs at Mexico City’s Benito Juárez International Airport (MEX), the primary air freight gateway into the country, decided to change procedures for cosmetics importation. Instead of applying the previously used simplified carrier clearance, MEX now requires a much more laborious and costly customs entry procedure. “Nobody wants to pay for that for cosmetics,” says Hernandez. “It’s not worth it.”
It’s possible to market [in Latin America] the way you would anywhere else. You just have to know how.
However, Hernandez points out, this did not reflect an actual change in Mexican law; it reflected an arbitrary decision by one head customs official at one airport. The simplified courier clearance procedure still exists and is applied to cosmetics importation at Quetzalcoatl International Airport in Nuevo Laredo. “Once it’s cleared,” says Hernandez, “they can transport it down to Mexico City and distribute it however they want.” He adds that his company provides this service to merchants who have been denied it by big global shipping companies on the grounds of its excess complexity.
And complexity, Hernandez notes, is an inescapable part of doing business in Latin America. To ship into Chile, Peru, or Brazil, for example, it is necessary to provide the recipient’s tax ID. To ship into Brazil—and, he adds, increasingly to other countries as well—it is also necessary to provide a World Customs Organization Harmonized System (HS) code for the merchandise being shipped.
To help shippers comply with this requirement, SkyPostal has developed an artificial-intelligence-driven database that provides an HS code based on the seller’s description of an item. At the same time, for countries that require it, the database can generate a recipient’s tax ID.
What this amounts to, says Hernandez, is a relationship in which the shipper serves not only as a delivery service but as a kind of international go-between. Recently, for example, his company has become a licensed importer of CBD-based products into Brazil, enabling its clients in the health products industry to market there.
Latin America sprawls over more than six thousand miles north to south and contains 33 countries; it is in many ways one of the most complex ecommerce markets in the world. However, Hernandez emphasizes, this complexity should not be reflected in either bad delivery service or unreasonable shipping prices.
“To navigate Latin America,” Hernandez says, “you need a guide through the region. You need somebody who knows what they’re doing and understands what you’re trying to do as well. That shouldn’t be hard to find, and it shouldn’t be unreasonably expensive.”
About SkyPostal: SkyPostal was created in 2001 to meet the need for improved and efficient cross-border mail and parcel service from the United States and Europe to all countries in Latin America, the Caribbean, and Mexico. It is now the largest private mail and delivery network in Latin America, serving European postal administrations, major publishers, the world’s largest e-commerce retailers, international shippers, and financial institutions that require reliable and secure delivery of their mail and parcels. For more information, please see http://www.skypostal.com.