Formation Fi Announces its Upcoming Collaboration with Injective Protocol
Formation Fi is excited to announce its upcoming collaboration with Injective Protocol.
The integration will focus on creating risk-adjusted yield farming derivatives that will allow a greater number of users to access DeFi yield opportunities with ease.
“In order for the space to mature, there needs to be a protocol to address these major risk concerns associated with DeFi. This is what we will bring, Formation Fi will bridge traditional hedge fund strategies and wall street tools into DeFi to reduce overall risk exposure to our users. I believe that this collaboration with Injective will open up a lot of opportunities to construct and design optimized yield farming strategies as the world of derivatives opens up,” said Edmond Truong, Co-Founder of Formation Fi.
About Formation Fi
Formation Fi creates a new risk-adjusted portfolio of decentralized open financial crypto assets in the form of algorithmically rebasing indexes, with a high degree of composability, across the major blockchain networks. Formation is backed by Synthetix, Polygon, and a number of major funds in the crypto space.
About Injective Protocol
Injective is the first decentralized multi-chain exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective enables access to unlimited decentralized markets for futures, perpetuals, spots, synthetics, and much more. Injective is backed by a prominent group of stakeholders including Mark Cuban, Pantera Capital and Binance.
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