InsurAce.io and LiquidDriver Official Partnership Focused on Protecting User Assets
LiquidDriver is the first liquidity mining dApp that provides liquidity-as-a-service in the Fantom ecosystem. Users can use LiquidDriver for multiple purposes including farming, vault strategies and revenue sharing vaults. There are exciting plans for leveraged farming and single-sided vaults to be released later this year.
LiquidDriver has come on leaps and bounds since launch and is currently transitioning to v3. The v2 model of on-demand liquidity-as-a-service has been an overwhelming success. The initial idea was to incentivize LPs for their partners, farm with funds staked in their pool and redistribute rewards to holders of their native token, xLQDR. The new version which already features a much-improved UI includes shadow farms, new, more advanced strategies that compound into staking, leveraged farming, new Beethoven-x pools and leveraged farming.
The team wanted to introduce their partnership with InsurAce.io during this time period as it will complement the upcoming features by providing users with the opportunity to insure their assets against any smart contract violations.
This partnership also strengthens InsurAce.io’s coverage on the Fantom network. For full terms and conditions of what is covered in the insurance, users are advised to read this document.
“This is a very exciting partnership that we have formed. We have been following LiquidDriver since v1 and it has been very interesting to see their progress. They take their user security extremely seriously and we love to see that from a team. We’re delighted to start providing cover for their users and to work together for some exciting things over the coming months and years.” Oliver Xie, Founder, InsurAce.io
LiquidDriver is the first liquidity mining dApp providing liquidity-as-a-service in the Fantom ecosystem.
They aim to bring its users more utility, rewards, and long-term benefits through our native token, LQDR, and ultimately become the leading liquidity-on-demand platform for dApps on the Fantom Opera Mainnet.
InsurAce.io is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce.io offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants, and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.