VyFinance forms a strategic collaboration with World Mobile Token
VyFinance is thrilled to announce our strategic collaboration with World Mobile Token. Together we will endeavour to build and grow the Cardano ecosystem to new heights through the introduction of new staking pools and educational material. This collaboration also assists in ensuring our two companies will develop an increasing environment of friendship and collaboration for time to come. Side by side we will develop accessible educational material to users of the World Mobile Network. As World Mobile will be bringing connectivity to millions of people who have been left offline across the African continent and beyond, we want to facilitate an easy gateway for these users to begin engaging with Crypto Currency and DeFi in a safe manner. Furthermore, VyFinance and World Mobile Token will introduce a VYFI/WMT liquidity pool. These tools will allow users to swap between each respective token directly. Users who provide liquidity to the VYFI/WMT liquidity pool will be able to farm VYFI through the VyFinance DApp.
ABOUT WORLD MOBILE TOKEN
World Mobile Token powers the World Mobile Network, a global mobile network built on blockchain and the sharing economy. With nearly 4 billion people left offline, digital exclusion is a significant problem. Unlike traditional telecom operators, the World Mobile Network is run by the people for the people, so anyone can become a network operator and share the rewards. Together with IOHK, World Mobile and the World Mobile Token will deliver a revolutionary scalable network in Africa and beyond. World Mobile Token believes in digital inclusion, self-data governance, environmental sustainability, decentralized identity, and financial empowerment for all.
To find out more visit: www.worldmobiletoken.com
VyFinance is an original interpretation of a DEX, built upon four main pillars. Firstly, a liquidity aggregator (auto harvester) as our top layer, this is where users can come and without managing their own funds, the auto harvester can do that instead. Secondly our Neural Net, a program that teaches itself how to perform tasks, and in this case will be learning how to optimise liquidity over yield farms. Thirdly, the Bar in which a certain percentage of fees from the exchange, and a part of the farm from the Auto harvester will be distributed to the bar (our VYFI holders). Finally, an LMS system to tie it all together. The LMS aims to educate newcomers on how to interact with DEFI successfully and safely, the ultimate goal is for users to engage with the Auto Harvester and eventually gain the essential knowledge to use our more traditional defi tools such pools and farms.
To find out more visit: www.vyfi.io