Tsunami Fund Partnership with AlfProtocol
Tsunami Fund, a decentralized multi-chain fundraising platform announced its latest partnership with AlfProtocol, a Solana-based Leveraged Liquidity Provision dApp.
Tsunami Fund, the emerging player in the decentralized finance (DeFi) space, has announced a new partnership with AlfProtocol, an innovative blockchain platform that aims to transform the DeFi landscape. This strategic alliance marks a significant milestone for both parties as they work towards a shared goal of enhancing the DeFi ecosystem and creating more value for users.
Consequently, this collaboration will enable both parties to successfully execute the IDO for AlfProtocol, generating more value for the community.
Furthermore, AlfProtocol is a Solana-based platform that is specifically designed to facilitate liquidity provision and yield farming, with or without a margin of up to 200x. The platform offers its own versions of an Automated Market Maker protocol for exchange operations based on invariants, as well as a money market for short-term loans. Additionally, its main contribution to the Solana ecosystem is a protocol for leveraged LP positions in AMM pools and yield farming protocols.
Moreover, AlfProtocol enhances capital efficiency and promotes more liquid markets by linking low-risk, passive investors who provide liquidity to lending protocols with high-risk, active investors who specialize in leveraged liquidity provision and yield farming positions.
About Alfprotocol
AlfProtocol built a decentralized finance (DeFi) platform on Solana that aims to provide liquidity provision and yield farming services with up to 200x margin. The platform offers its own Automated Market Maker protocol for exchange operations based on invariants and a money market for short-term loans. It aims to enhance capital efficiency and promote more liquid markets by linking low-risk, passive investors who provide liquidity to lending protocols with high-risk, active investors who specialize in leveraged liquidity provision and yield farming positions. Its central contribution to the Solana ecosystem is a protocol for leveraged LP positions in AMM pools and yield farming protocols.
About Tsunami
Tsunami is a decentralized launchpad platform that is designed to help new projects conduct their initial DEX offerings (IDOs) in a more efficient and effective manner. The platform offers a range of tools and services to help projects reach their target audience and raise funds through DEXs. With its user-friendly interface, Tsunami enables investors to participate in IDOs in a secure and transparent environment.
SOURCE
https://medium.com/@tsunami.fund/the-latest-partnership-tsunami-x-alfprotocol-14738b2444db
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