VyFinance and Genius Yield have joined forces to bring the ultimate potentials of DeFi on Cardano. Together we will speed up the growth and adoption of Cardano, and the ease-of-access to its DeFi.
Genius Yield and VyFinance will support each other’s tokens, share liquidity in mutual liquidity pools, and use their respective marketing resources to promote the partnership.
On the VyFi Platform, users will see VYFI stakable to the Genius Yield token GENS.
On their part: When the Genius DEX launches in Q3 2022, liquidity providers on the GENS/ADA pool will farm VYFI by providing liquidity to the GENS/ADA pair on the VyFinance DEX. At the same time, liquidity providers can also farm GENS by providing liquidity to the VYFI/ADA pair on the Genius DEX.
About VyFinance
VyFinance is bringing an entire ecosystem of DeFi products to Cardano with the backing of an Australian firm. By integrating a neural network into a liquidity aggregator creating the auto harvester, the protocol brings trustless crypto products into the real world, releasing a unique solution in the sphere.
VyFinance strives to make DeFi accessible for all users by bringing existing functionalities to the world, leveraging Cardano. Subsequently, they have built a cyclic, beneficial smart contracts-driven ecosystem with a neural network consisting of an auto-harvester, yield-farms and liquidity pools, an off-shore bank, and the VyFi Bar comprising pooled funds. VyFinance also plans to provide a Learning Management System (LMS) to the platform, helping onboard new users and expanding the Cardano ecosystem.
Learn more about VyFinance on:
Website: https://www.vyfi.io/
Twitter: https://twitter.com/VyFiOfficial
Discord: https://discord.com/invite/xGAD3hSXbu
Telegram: https://twitter.com/VyFiOfficial
YouTube: https://www.youtube.com/channel/UCEPcpy0IQnqLh_RUfpeAOmQ
Instagram: https://instagram.com/vyfiofficial
About Genius Yield
While DeFi provides many investment opportunities, managing capital is complex and time-consuming. Genius Yield is your all-in-one solution to benefit from advanced algorithmic trading strategies and yield optimization opportunities. Genius Yield minimizes risk and maximizes profits. Our Smart Liquidity Management protocol is intuitive, hassle-free, and secure.
The partnership aligns with the core objective of Genius Yield, which is to democratize DeFi by distilling complexities and rolling out practical solutions for mass adoption. Central to Genius Yield is the Genius DEX, the first order-book decentralized exchange with concentrated liquidity that will be launched on Cardano in Q3 2022. The DEX eliminates impermanent loss because it uses a pure order-book model with concentrated liquidity positions and not the AMM system used by most DEXes in account-based blockchains like Ethereum. On top of the Genius DEX is the Smart Liquidity Vault, an AI powered Yield Optimizer that allows ordinary users to earn passive income.
Website: https://www.geniusyield.co
Telegram: https://t.me/geniusyield_official
Discord: https://discord.gg/TNHf4fs626
Reddit: https://www.reddit.com/r/Genius_Yield/
Medium: https://geniusyield.medium.com/
Twitter: https://twitter.com/GeniusyieldO
YouTube: https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g
Instagram: https://instagram.com/genius_yield_official
