Royale Finance Update | September 2021
Royale Finance introduced September 2021 Update Report covering New Partnerships/Hires, IGO Launchpad and a brand new, user-friendly UI, Yield deposited into Polygon & Ethereum Pools & more.
🔸New partnerships and Hires
The Royale Kingdom welcomed brilliant minds in Marketing, Software Development, UI/UX design, Solidity programming, and Business development. Each of these personalities will bring with them a wealth of knowledge and experience.
🔸IGO Launchpad and a brand new User Interface (UI)
They announced arrival into the IGO space with IGO launchpad initiative. They are deploying a fully decentralized launchpad model that encourages fair participation for all. This event was commemorated with the reveal of a fresh user interface.
🔸Yield deposited into Polygon and Ethereum
Whilst the Royale Liquidity Pool is intended for Gaming Loans, a portion of Royale Finance’s liquidity pool is staked in optimization strategies that offer staking reward yields like Curve and Ellipsis. The yield sourced from this staking has been deposited into Polygon and Ethereum.
🔸Staking lot distribution Yield deposited
Staking Lots receive monthly rewards from partnerships in the form of USDC with the latest distribution working out at 10.54% APR. The Royale Kingdom is negotiating more partner rewards for Staking Lots, opening the door for new rewards and features aligning with the IGO platform in the future.
“While we made many productive moves in September, our announcement of the transition into the IGO space was probably the most prominent. With our offering, we hope to bring a unique and transparent approach to the IGO launchpad model by presenting a fair and genuinely decentralized system for everyone.” – Royale Team
About Royale Finance
Royale Finance is an industry-focused decentralized lending protocol. Its purpose is to create Web 3.0 decentralized liquidity funding solutions using DeFi primitives to support the innovation of gaming products and platforms.
📰 INFO
https://medium.com/officialroyale/september-2021-royale-update-e83d93eaf49d
