Poolz Collaborates With Shield Finance

Published on: 01.07.2021

Cross-Chain Token Pools & Auctions platform, Poolz sealed a partnership with Shield Finance, a Multi-Chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to prevent dumps and black swan events.

Shield Finance will deploy Market Crash Protection contracts for Poolz. These contracts will allow the $POOLZ token holders to buy protection against a potential crash due to market-wide sell-off. $POOLZ token holders will have a right to sell $POOLZ at a guaranteed price (no matter what the market price will be). More information: Market Crash Protection.

 “Our partnership with Poolz is an important step towards deploying our Market Crash Protection contracts. This step will be of great benefit for $POOLZ token holders and help to boost trust for both projects. We look forward to further collaboration with Poolz towards a better DeFi adoption”—Denis Gorbachev, CEO of Shield Finance

Poolz will place a link to Market Crash Protection contracts for $POOLZ on their website and place a link to Market Crash Protection contracts on their website.

Shield Finance offers a valuable use case to our token holders. The service Shield Finance offers is a great advantage for both the investors and the ecosystem and we are thrilled to have this collaboration today”.—Guy Oren, Poolz CEO

Poolz provides cryptographic access controls for distributed project and protocols. The core code is designed uniquely for DAO ecosystems.

ABOUT POOLZ
Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to enable crypto projects to raise funds before listing. The Poolz platform has already integrated with many different blockchains and is in discussions with more than 10 of the biggest blockchain networks.

ABOUT SHIELD FINANCE
Shield Finance is a multi-chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to hacks, exploits, rug pulls, sell-offs, and other black swan events. We are currently integrating multiple insurance providers to provide our users with reduced slippage and expansive coverage.

RESOURCES
Medium

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