Coinhurt.com

What is Evrynet?

Evrynet is a smart-routing blockchain and was conceptualised and developed in partnerships with Kyber Network and Stellar. The vision for Evrynet is to build a foundation for the CeDeFi network for financial services with a focus on the Southeast Asia market and beyond.

Evrynet provides a platform for other developers to build DApps on. By combining a full-service operation with smart contract along with financial service portal, a contract network, and an accounting and settlement component, Evrynet will provide an infrastructure for other developers/projects to build DApps on. To allow for seamless integration, we will provide SDKs, APIs and templates.

There are several defining differences that the team has focused on building into Evrynet, such as:

i. Scalable and interoperable multi-chain functionality ii. Near-instant transaction finality iii. Fixed gas fee schemes and ability for contract initiator to pay gas fee on behalf of users iv. Flexible staking model

Evry.Finance, the first DApp built by Evrynet

The first application that will be built on Evrynet is Evry.Finance that focuses on bridging institutional investors to the DeFi world. It will provide flexibility, stability and deep liquidity. It plans to achieve this by providing institutional-targeted features such as multi-sig wallets, enterprise smart contracts, and a Hybrid DEX with orderbook and AMM/DMM pool as well as a dedicated section for KYT and zero-knowledge support. Furthermore, Evry.Finance will provide a variety of yield products with variable maturity and a variety of yield.

One important use case for Evry.Finance involves bridging real world asset/yield to DeFi, or asset tokenization. We are working with several leading asset managers on asset tokenization. This would validate the thesis that Evrynet and Evry.Finance is able to bridge the real world and digital finance services to both institutional and private users, allowing them access to new products.

Who are the founders of Evrynet?

Evrynet originated by Chatchaval Jiaravanon and Tridbodi Arunanonchai, both based in Thailand.

Chatchaval Jiaravanon has built and managed sector-leading companies in the telecommunications, media and financial services sectors. He has also invested in a diverse portfolio of global companies and sits on the board of directors of several well-established public listed companies in Asia.

Tridbodi Arunanondchai is a serial entrepreneur with an interest in the financial services sector. He has founded several traditional and blockchain startups covering the energy, digital lending and tourism sector. He is also a venture partner at a leading VC fund in South East Asia.

Who are the advisors to Evrynet?

Finally, the Evrynet project is supported also by strong advisors and institutions who believe in the project and have contributed immensely in guiding the team to building a better project. The list of advisors can be seen on the project website at www.evrynet.io where the white paper and one-page summary of the project can also be accessed.