AptosLaunch Partnership with Fenture

Peter Chijioke — Thu, 12 Jan 2023 20:58:36 +0000

AptosLaunch has announced partnership with Fenture, a next-generation, immutable DeFi protocol that spawns crypto economy with innovative financial tools built on Aptos and Sui.

The Fenture Ecosystem

BONDING

With decentralized and non-custodial staking, bonding allows users to trade various crypto assets for FFD at a discounted price. In exchange to the bond sales, the treasury grows, providing stability to the protocol and yield generation opportunities for FFD holders.

STAKING

Staking plays a crucial part in the Fenture Ecosystem. FFD has a variable rate of return, through smart contract automations, treasury assets backing and the deployment of resources in new and early-stage crypto ventures. Stakers recieve their pro-rata share of rebases in exchange for their contributions for the stability of the protcol.

Decentralized Venutre Capital

Fenture utilizes a combination of governance and autonomous portfolio management strategies to maximize returns on treasury investments. With Fenture, you will earn consistent yields from a range of democratized new crypto investments through FFD.

Fenture Finance Token (FFD)

Staking

Users can stake some of their FFD holdings and earn consistent rewards over time as passive income.

Bonding

Fully Mortgaged

FFD is fully mortgaged because it is backed by crypto assets on the chain in the scope of Fenture DAO. The intrinsic value of FFD is backed by the protocol’s total asset under management.

Algorithm Control

When FFD trades at a premium, the protocol will mint FFD and sell it in the open market to increase supply and drive down prices. If FFD trades at a discounted price,the DAO will buy back tokens to reduce supply.

About Fenture

Fenture is a next-generation, immutable DeFi protocol that spawns crypto economy with innovative financial tools built on Aptos and Sui.

The protocol focuses on sustainable mechanisms to encourage long-term staking and providing liquidity.

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About AptosLaunch

AptosLaunch is the first decentralized launchpad on the Aptos Network. With Aptos building the safest and most scalable Layer 1 blockchain for the next billion users, AptosLaunch is engineered from the ground up to empower Aptos project owners.