The DeFi space is constantly evolving, with innovation shaping the industry’s future at a rapid pace. Holistically DeFi is becoming more accessible and secure. With this said, we are delighted to announce a partnership with Centaur ($CNTR). They utilize a dual approach to constructing solutions, leveraging the transparency and security of blockchain while providing a fail-safe layer through Centaur systems and processes.

Partnership Parameters

The BonFi team is known for building strong and deep relationships with its ecosystem partners, mapping out joint initiatives, and working closely with partners to innovate DeFi. A diversified ecosystem is a quintessential element to increase our chance of long-term success within the DeFi space.

Centaur is building a hybrid C-Defi (semi-decentralized) solution to bridge the gap between real-world asset utilization and decentralized finance. Inculcating the best practices of both systems, the team seeks to create a revolutionary ecosystem that enables cross-border remittance and unsecured lending. Our partnership with Centaur rests on a clear long-term vision of bridging traditional finance with DeFi.

Multi-yield staking

Together with Centaur, we plan to expand our DeFi staking options further and launch a new multi-yield staking pool in the future. This multi-yield staking pool will reward users in both $CNTR and $BNF, while boosting token utility and bringing our respective communities closer together.

BonVest integration

BonFi will integrate Centaur’s DeFi products into its Third Party DeFi offerings. All Centaur DeFi offerings will be integrated into the BonVest. Leveraging BonAI’s prediction logic, Centaur’s products are tracking based on various parameters, including economic indicators, investor sentiment, user sentiment, and more.

Ecosystem growth

To attract a wider audience and generate value for community members, both BonFi and Centaur will continue to engage in resource sharing. We will continue to promote our collaboration and leverage the network effect to introduce new projects and potential partners. We have planned exciting initiatives that will incentivize our community to join forces to spread the word about BNF and CNTR.

With the exciting development of the Centaur and BonFi partnership, we are looking forward to working closely with Centaur to bridge traditional finance with DeFi.

About Centaur

By combining the best elements of decentralized finance with measured regulatory control, Centaur is bridging DeFi and traditional finance. For more information, please visit the Centaur website, join the Telegram community discussion group and announcement channel.

About BonFi

BonFi is a multilayered open finance liquidity mining service platform complemented by the AI-powered BonVest, a professional cryptocurrency liquidity mining solution. It expands the DeFi financial product offering by combining smart contract staking and a managed cryptocurrency liquidity pool to achieve sustainable benefits for users.

📰 INFO

https://medium.com/bonfiorg/bonfi-announces-partnership-with-centaur-5f9ce54d2d72