Lydia OrcaDAO Partnership announcement
Orca Dao is now partnership with Lydia Finance, uniting to create a long-lasting relationship to support each other with marketing and development.
This will initiate with OrcaDAO sponsoring an Electrum Pool on the Lydia Platform. Electrum Pools are an easy to use function where you simply lock up LYD tokens into a pool of your choice, and receive our ORCA token as reward.
As a part of this partnership, they will have an AMA event in the Lydian telegram channel soon to introduce OrcaDAO to Lydians. Other collaborations will follow!
About Lydia Finance
Lydia Finance is an Automated Market Maker, Yield Farming, Staking, and Launchpad platform on Avalanche.
Their rich UI and comprehensive documentation/tutorials allow every level of user to invest in DeFi and maximize their earnings by taking advantage of Avalanche’s lightning-fast infrastructure with very low gas costs.
Trade, stake, pool, and earn $LYD and many other token utilities all on Lydia Finance.
About OrcaDAO
OrcaDAO is an Avalanche native protocol designed to offer and optimize a Stablecoin (AVAI), and Ownership/Governance token (ORCA) pair that allow for lending using crypto collateral at 0% interest. The protocol centers around the production, maintenance, and sustained equilibrium of AVAI around a stable value, used by the DeFi community for a multitude of use cases — such as loaning/borrowing and yield farming — with a high level of confidence.
OrcaDAO has been thoughtfully designed and optimized to be flexible for Avalanche users’ ever-changing needs, including: no lower-bounds on multiple collateral options, partial liquidations allowing for more forgivable loan processes, a firm peg designed to float within a cent of $1.00USD, and a triple bottom line focused revenue sharing initiative in support of marine/ocean conservation and restoration efforts via the OrcaDAO SeaFund
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SOURCE
https://medium.com/@OrcaDAO/lydia-orcadao-partnership-announcement-cdeab9cf4668
