Poolz is now providing $350K to Dot.Finance Farming Pools
We’ve been closely associated with the Dot.Finance team since the very start and has come to believe through proper due diligence that the project and the team behind it harbor enormous potential.
The founding team of the project includes former members of the highly successful DeFi project Bancor and the project also has the backing of famous blockchain VCs, which is another reason to expect promising results from the project.
Furthermore, the founders and CEO of Poolz, Guy Oren, and the Poolz CMO, Liam Cohen, are also advisors to Dot.Finance and are closely assisting them with their growth across the DeFi ecosystem.
As a step further to represent the concrete nature of our trust in Dot.Finance, Poolz is investing $350,000 in the BUSD/USDT stablecoin farming pool on the platform. We chose to invest $350,000 from Poolz’s funds into the farming pool as the APY on Dot.Finance BUSD/USDT farming pool is over 30%, which is significantly higher than the usual ~10% APY on competitor platforms such as BunnySwap.
The BUSD/USDT pool will soon be going live on Dot.Finance and our community members, at will, can participate in the farming pool to leverage this extraordinary opportunity. It is an opportunity to get rewarded through yield farming without risking the value of your assets due to volatility while your tokens are locked.
In addition to the upcoming stablecoin pool, there are also pools that offer higher APY on Dot.Finance. For example, the DOT/BNB liquidity pool offers an APY of 61.02% while that of UNSDT/BNB offers 56.47%. The other two liquidity pools on Dot.Finance offer APY as high as 61,53% and 95.10%.
Quite clearly, Dot.Finance has some of the most profitable liquidity pools and yield farming opportunities to offer. By investing $350,000 in their upcoming BUSD/USDT pool, we wanted to be an early mover and take maximum advantage of the opportunity.
We intend to keep working closely with the Dot.Finance team to bring better opportunities to the world of DeFi. To make sure you don’t miss out on an update, stay tuned!
Dot.Finance, a.k.a The House of DeFi, is a Polkadot-based DeFi project, that aims to make investments in DeFi protocols easier for everyone. Through its innovative solutions and smooth user interface, Dot.Finance will make processes like yield farming and staking on Polkadot and other blockchains more user-friendly.
Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to enable crypto projects to raise funds before listing. The Poolz platform has already integrated with many different blockchains and is in discussions with more than 10 of the biggest blockchain networks.
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