CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Revest Partners with Velodrome

Published on:

Revest partners with Velodrome, the solution for protocols on Optimism to properly incentivize liquidity for their own use cases.

Who is behind Velodrome Finance?

The team behind Velodrome Finance previously launched veDAO. veDAO’s founding mandate was to engage with the Solidly ecosystem, a protocol launched on the Fantom network by Andre Cronje.

About Resonate

Resonate is a Yield Futures Protocol developed by Revest Finance and built on top of Revest’s Financial NFT (FNFT) technology. Using Resonate, we’re able to separate the principal and interest components of a position by issuing two FNFTs; one containing the principal and the other containing the rights to future interest on that principal. Resonate facilitates the commerce of the rights to future interest by matching issuers (who want to sell their interest rights for a one-time upfront payment), and purchasers (who want to buy the rights to future interest for a one-time upfront payment).

Website | Twitter

About Revest Finance

The Revest Protocol offers a revolutionary new use of NFTs as financial tools through the Financial Non-Fungible Token (FNFT). Individual and enterprise-level users can deposit any ERC-20 or ERC-721 into Revest’s interactive FNFTs and set custom unlocking conditions (time, value, or contract-based). Revest allows the tokenization of all non-fungible financial positions with non-fungible tokens. This simple turn-key solution offers elegant applications ranging from token vesting to cutting-edge implications for derivative and borrowing/lending platforms. Revest’s flagship product, Resonate, is underpinned, fundamentally, by this innovative technology.

Website | Twitter

SOURCE

https://revestfinance.medium.com/resonate-announces-partnership-with-velodrome-finance-c870e5bac0f0

REQUEST AN ARTICLE

Related

Stay Up to Date with Us

Market Stats:
BTC Dominance: 40.05%(-0.14%/24h)
ETH Dominance: 17.29%(+0.11%/24h)
Defi Market Cap: $0B(+5.19%/24h)
Total Market Cap: $965.58B(+0.67%/24h)
Total Trading Volume 24h: $60.94B(+7.45%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $578.9B
Altcoin Volume 24h: $24.84B
Total Cryptocurrencies: 21220
Active Cryptocurrencies: 9468
Active Market Pairs: 58740
Active Exchanges: 527
Total Exchanges: 3797