As Cardalonia progresses with the On-goin $LONIA token pre-sale, Map Preview and Play To Earn Gameplay Trailer development and hitting the targets on their roadmap. The Cardano ecosystem is also getting bigger with over 1000 Projects building on Cardano.

Cardalonia is beginning to explore mutual synergies that will bring about sustainable communities. Which will give both projects the needed eon for further sustainability.

What Is Vyfinance?

The Vyfinance protocol uses a DeFi customized product suite, such as an auto-harvester into the Cardano Chain utilizing their own neural network.

Cardalonia share the same fundamentals with VyFi which is that DeFi is built for the world, to change the world. They both share a common goal for the future: allowing the development of the Cardano ecosystem while responding to existing issues and future needs.

Vyfinance users will benefit from this partnership as they are rolling out a brand-new Initial farming opportunity for VYFI token stakers.

Starting from of 04.08.2022, you can earn $LONIA tokens by staking your VYFI tokens.

It is possible to farm up to 100,000 $LONIA tokens.

Join In The $LONIA Vyfi Initial Farm Offering

https://app.vyfi.io/token-vaults

As for the APR, it’s a cool 58%.

You can also utilise the Farmed LONIA to earn more $LONIA tokens by staking them in their Non Custodial Staking Vault.

About Cardalonia

Cardalonia is a virtual world where players can build, own and customize their own experiences on the Cardano Blockchain. Unlocking creativity in the Metaverse as you can Earn, create, socialize, play, trade and so much more, all in a virtual world. They are on a mission to creating an entirely new Metaverse experience on the Cardano Blockchain.

Website | Twitter

About VyFinance

VyFinance is bringing an entire ecosystem of DeFi products to Cardano with the backing of an Australian firm. By integrating a neural network into a liquidity aggregator creating the auto harvester. The protocol brings trustless crypto products into the real world, releasing a unique solution in the sphere.

Website | Twitter

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Genius Yield and VyFinance will support each other’s tokens, share liquidity in mutual liquidity pools, and use their respective marketing resources to promote the partnership.

Once the Genius DEX launches in Q3 2022, liquidity providers on the GENS/ADA pool will farm VYFI by providing liquidity to the GENS/ADA pair on the VyFinance DEX. At the same time, liquidity providers can also farm GENS by providing liquidity to the VYFI/ADA pair on the Genius DEX.

Additionally, users who also stake VYFI on the VyFinance platform will receive their APR rewards in GENS.

Dr. Sothy Kol-Men, the Managing Partner and co-founder of Genius Yield said:

“This partnership is important for Cardano and its thriving ecosystem. Genius Yield is actively building solutions to bring impactful crypto-based solutions to ordinary users and works in tandem with what VyFinance offers. We shall pull our resources together in the spirit of blockchain’s openness and collaboration leveraging Cardano’s composability to create value for all users and fast-track the expansion of the sphere.”

The partnership aligns with the core objective of Genius Yield, which is to democratize DeFi by distilling complexities and rolling out practical solutions for mass adoption. Central to Genius Yield is the Genius DEX, the first order-book decentralized exchange with concentrated liquidity that will be launched on Cardano in Q3 2022. The DEX eliminates impermanent loss because it uses a pure order-book model with concentrated liquidity positions and not the AMM system used by most DEXes in account-based blockchains like Ethereum. On top of the Genius DEX is the Smart Liquidity Vault, an AI powered Yield Optimizer that allows ordinary users to earn passive income.

VyFinance strives to make DeFi accessible for all users by bringing existing functionalities to the world, leveraging Cardano. Subsequently, they have built a cyclic, beneficial smart contracts-driven ecosystem with a neural network consisting of an auto-harvester, yield-farms and liquidity pools, an off-shore bank, and the VyFi Bar comprising pooled funds. Concurrently, VyFi provides the Learning Management System (LMS) to its community, helping in onboarding new users and expanding the Cardano ecosystem.

About VyFinance

VyFinance is bringing an entire ecosystem of DeFi products to Cardano with the backing of an Australian firm. By integrating a neural network into a liquidity aggregator creating the auto harvester, the protocol brings trustless crypto products into the real world, releasing a unique solution in the sphere.

Website | Twitter

About Genius Yield

While DeFi provides many investment opportunities, managing capital is complex and time-consuming. Genius Yield is your all-in-one solution to benefit from advanced algorithmic trading strategies and yield optimization opportunities.

Website | Twitter

SOURCE:

MEDIUM

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