VyFinance September Update

4 min readOct 5, 2022

Intro & Summary

Hello all and welcome back to the VyFinance monthly update. September was as usual busy and full to the brim with developments and milestones. Let’s jump into a quick summary of the month just past:

· New Vault and IFO launched

· Hosted some great twitter spaces

· Catalyst results released

· Preparation for CNFTcon and Rarebloom

· Our lottery was launched!

· Our Devs continued to make huge updates

This Month in VyFi

September moved a little slower with the release of new vaults and IFOs, however we had the pleasure of hosting two new tokens to the VyFinance platform:

· Battle Borgz, See more here: https://battleborgz.com/

“Battle Borgz is a multiplayer PvP and PvE isometric battle arena game based on the Cardano blockchain. With traditional gaming the relationship is one-way: you pay for the game, and unless you’re a professional esports player or a streamer with a big following, you will never be able to monetize your playtime. Blockchain gaming offers players the opportunity to earn real money, NFTs and blockchain technology have quite literally, changed the game.”

· Moonimals, See more here: https://moonimalsnft.com/

“Moonimals is a project that aims to provide the NFT community with high-quality digital artworks while contributing to animal welfare. We are breaking the stereotype of releasing a huge collection of generative NFTs when getting started. We make sure our collections are telling stories and incorporating it with our lore is our mission. We are slowly but surely shaping up a brand with a long-term vision of building a healthy and organic community. We don’t want to over promise yet we want to exceed what’s expected from us.”

During September we tried to dig deep and engage with our community as much as possible. With some (a lot) of help from our fantastic guests we were able to put on quite the show and host some great twitter spaces:

· Blueshift: https://twitter.com/i/spaces/1PlKQpWaEgqxE

· AADA & MAYS: https://twitter.com/i/spaces/1OdKrzPgAEYKX

· Battle Borgz: https://twitter.com/i/spaces/1YqGoAYPnzjxv

· Digital Asset News: https://twitter.com/i/spaces/1YpJkgygQwmJj

As well as spaces, the team have been hard at work reaching out and speaking with some great influencers and content creators, here are just a few:

· Ivy Crypto



· Ryan Matta

Cardano News Vasil Hard Fork Importance


Crypto Trading Strategy


· Atlanick

CNFT — VYFI Interview


To see a complete list of videos on VyFinances please see our YouTube playlist: https://www.youtube.com/c/VyFinance/playlists

Catalyst fund 9 came to an end and the final results were released. Unfortunately, we were unsuccessful in securing funding this round. While that may be disheartening, we remain steadfast and determined in our vision. The amount we asked for was always going to be a long shot and we have heard every bit of feedback that has come our way. We will apply for future funds and adjust our proposal in accordance with this feedback. A massive thank you to everyone who came out and voted, you are truly what makes this ecosystem an amazing place, and of course, a huge congratulations to all those who secured funding. Its amazing to see Cardano grow every time a fund is complete.

A quick reminder that Rarebloom and CNFTcon are just around the corner! These two events are massive milestones in the Cardano ecosystem and give all of us building a great opportunity to share with the community our project and what we have instore. We can not wait to speak with everyone attending, so please make sure you drop by our booth. There will be some great giveaways so don’t miss out:

· https://www.rarebloom.io/ (use the VYFI10 promo code for a 10% discount on tickets)

· https://cnftcon.io/

Maybe the biggest news in all of September is the release of the VyFinance Lottery. After a huge effort put in by the team, we have been able to bring a another Cardano first to market. Our lottery brings further utility to the VYFI tokens and provides another feature to our platform. Users can now get in the running’s to hit the jackpot! Alike all products, our lottery is subject to changes both in design and function, so please let us know if you have any feedback regarding the lottery. As with any lottery, please make sure you use this function responsibly.

Guides/FAQ: https://docs.vyfi.io/vy-finance-products/lottery

Lastly, we will go through our development updates for September:

· Hardware wallet support completely intergrated

· Vasil, lots of testing and upgrades done all throughout our app

· Lottery launched! Closed beta testing ran for 2 weeks, which was a great success. We wouldn’t have been able to do it without those who participated. A massive thank you to all of our amazing beta testers

· V2 Vaults external review has been completed

· DEX MVP very close to completion

Thanks for checking in and if we don’t see you at Rarebloom or CNFTcon, please drop into either our Discord or Telegram where you can speak directly with the team!

Twitter: https://twitter.com/VyFiOfficial

Telegram: http://t.me/vyfinance

Discord: https://discord.gg/r3TY4Y5PDw

Facebook: https://www.facebook.com/VyFinance