ForceDAO Launches on Avalanche

Published on: 24.08.2021

ForceDAO is fascinated to announce the launch of new stablecoin strategies and structured products on Avalanche!

Avalanche is an open-source platform for launching decentralized applications in an interoperable, highly scalable ecosystem.

There are over $1.6B in total value locked across AMMs, interest-rate protocols and other dApps. A number of Ethereum-based protocols including SushiSwap and Curve have also announced their interest in deploying their products on Avalanche.

With these new integrations, they can expect an increase in liquidity and as always, new opportunities to generate yield!

Products

The initial set of products built for Avalanche will be centered around stablecoin strategies. The C-Chain ecosystem has a number of healthy interest-rate and AMM protocols with significant yield for farmers.

Yield Strategies

Pangolin Exchange (AMM)
Trader Joe (AMM)
BenQi (Interest-rate)

Structured Products

Fixed-yield (stablecoins)
Variable-yield (stablecoins)

How do they prepare for launch?

In order to get started with Avalanche, you must first migrate funds over to Avalanche’s C-Chain (smart contract chain), here’s a couple recommendations:

Bridge

Head over to the link below and interact with the AVAX network bridge. Heads up, its super fast, meaning funds are transferred after only ~35 blocks

https://bridge.avax.network/

About Avalanche

Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is able to process 4,500+ transactions/second and instantly confirm transactions. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.