Welcome back to the VyFinance monthly update! June was incredible and the first full month of the live DEx. The response has been resoundingly positive and users across the Cardano ecosystem have flooded in to engage with Cardanos new and shiny DEx. We have a lot to go through so let’s get to it!
The new vaults for the month of June were:
ADA EMPIRE, See more here: https://adaempire.com/
Find the vaults here: https://app.vyfi.io/vaults/adaempire
“Welcome to Ada Empire! We are excited to bring you a fun, new exciting NFT card game on Cardano. Season 1; The Empire Rises (Evil is Brewing), takes place deep in the swamps of the empire. As the Code Breakers look to destroy and enslave the empire, the Code Keepers will do whatever it takes to protect it. Which side will you choose? Who Will win? Join our discord and become a key member in the fight. ADA Empire is a collection of 5 decks of 5,000 unique NFT cards generated on the Cardano Blockchain. Our goal is to bring excitement, fun, fantasy and functionality to the Cardano ecosystem.”
METERA, See more here: https://www.metera.io/
Find the vaults here: https://app.vyfi.io/vaults/metera
“Metera operates as a decentralized asset management platform on Cardano allowing users to create and invest in tokenized portfolios ($MTKs).
The $METERA token is an invaluable asset to this protocol, propelling its operations while also rewarding its participants. $METERA is the governance and utility token that is design to allow holders to:
· Vote on future development, treasury management and Portfolio creation.
· Interact with the protocol as it will be needed in order to pay for platform fees, mint and create $MTKs. In order to increase TVL of $METERA a % will be included in all $MTKs.”
New Farms
The VyFinance DEx at the moment re-adjusts farms bi-monthly and adds new options periodically. This month we had some pretty exciting additions:
· BANK- https://bankercoinada.com/
· ELV — https://elevatorslabs.io/
· SICK — https://sickcity.xyz/
· STABLE — https://linktr.ee/stablecoinada
· SUMMON — https://summonplatform.io/
· SUNDAE — https://linktr.ee/sundaeswap
· iETH — https://linktr.ee/indigoprotocol.io
Dual Rewards
As well as new farms we provided a few dual rewards! Now, for the following farms users can earn both $VYFI and the farms token:
· BANK — https://bankercoinada.com/
· C3 — https://charli3.io/
· CBLP — https://yamfore.com/
· COPI — https://linktr.ee/Cornucopias.Game
· DRIP — https://dripdropz.io/
· ELV — https://elevatorslabs.io/
· GENS — https://www.geniusyield.co/
· NEWM — https://newm.io/
· NMKR — https://www.nmkr.io/
· SICK — https://sickcity.xyz/
· SNEK — https://linktr.ee/snekcoinada
· STABLE — https://linktr.ee/stablecoinada
· SUMMON — https://summonplatform.io/
· WMT — https://worldmobiletoken.com/
· xVYFI — https://app.vyfi.io/
Token Launches
We had the absolute pleasure of launching two new tokens in June:
$CROW TOKEN, See more here: https://crowtokens.com/
YouTube channel: https://bit.ly/CryptoCrowYouTube
“I have given away a little over 2 Billion of the 125 billion Total Crow Tokens to Fans and Supporters and 100% of the remaining tokens are being sent to a VyFi.io protocol as well as 10,000 ADA tokens, which will be locked to begin a liquidity pool. I’m donating all of this to bring Crow Tokens to the world. There is no use case other than access to the Crow Tokens Group on SobLoks.com which is Policy ID gated. There is no expectation of price increase or value whatsoever. Crow Tokens are a legacy meme token worth nothing but they will last forever on the Cardano blockchain and hopefully help inspire the tale of those of us that were early into Cardano since 2017 and continued educating others.”
$NEBULA TOKEN, See more here: https://thenebula.xyz/
“Welcome to Nebula. We’re more than just a project — we’re a cosmic alliance, a collective of stargazers who are truly passionate about the limitless concept of Space/Time. We dream of a community where fellow space aficionados can unite and journey together, advancing one step closer to the great expanse — our cherished Nebula. With an imagination as boundless as the cosmos, we see this initiative as a celestial entity of infinite possibilities. Just as the universe continues to expand, so too will Nebula. Designed to flourish for light-years to come, we’re in the business of building a true enterprise in the interstellar realm. At the heart of our celestial journey is $NEBULA, our very own Utility token. With a robust total supply of 1,000,000,000, $NEBULA isn’t just another cryptocurrency — it’s our commitment to add tangible value to the Cardano blockchain and the intrepid explorers in our community.”
We had a few special announcements this month that are worthy of a mention:
Our DEx is now fully tracked on Coin Market Cap — https://coinmarketcap.com/currencies/vyfinance/
Our DEx was integrated into Muesliswap! This allows users who are swapping between tokens to view the price on different DEx’s, now including VyFinance — https://twitter.com/MuesliSwapTeam/status/1665359428936245248
TapTools integrated the VyFinance DEx into their platform. This is an incredible tool for users which allows you to view charts, see recent sales, LP token positions, staking vaults & more! — https://twitter.com/TapTools/status/1671576178858106903
We released a new article describing how L2-LPs work, along with the rewards structure to help users better understand these LP tokens and how they operate. — https://bit.ly/L2LP-HowDoTheyWork
Check out our medium to read through all our releases and a stay in the loop: https://vyfinance.medium.com/
We announced that once again we will be returning to Denver, Colorado to attend Rare Evo! We cannot wait to rub shoulders with some of the best and brightest in Cardano. If you haven’t already, grab a ticket with 10% off using the code VYFI10.
As always, we’d like to give a huge thanks to all the amazing content creators out there who made videos about VyFinance in June, here is a list of just some of those videos:
VyFinance YouTube Playlist: https://bit.ly/VYFIyoutubePLA
Development
Our developers last month were occupied for the most part in scaling and up dating our DEx to make sure it runs as smoothly as possible. With the recent launch of our exchange our team have been working around the clock dealing with various minor bugs/users in an effort to overcome any negative experience the community may have come across. With more ground breaking firsts just on horizon, expect more in-depth and exciting dev updates in the near future!
As always, thanks for reading and make sure to follow our socials or join our Discord/Telegram to stay up to date with everything VyFinance.
Twitter: https://twitter.com/VyFiOfficial
Telegram: http://t.me/vyfinance
Discord: https://discord.gg/r3TY4Y5PDw
Facebook: https://www.facebook.com/VyFinance
