Annex Finance is a Decentralized Finance (DeFi) lending and borrowing platform that aims to bridge the traditional lending platform with DeFi. Annex Finance believes they understand the inefficiencies and issues that accompany traditional centralized financial systems and look to create a better solution utilizing the power and freedom of DeFi.
Annex Finance in the beginning will launch on Binance Smart Chain (BSC) due to its cheaper fees and the company’s opinion that it is the most secure option. In time, the goal is to expand Annex Finance into the Ethereum and Polygon blockchain networks. Annex also looks to grow out their ecosystem by instituting their native token $ANN as well as a Decentralized Exchange (DEX).