Contents
I. Introduction | II. Partnership | III. Conclusion
I. Introduction
The Big Blymp team is thrilled to announce Yamfores partnership with Fluid Tokens. It’s been an intense and rewarding few weeks: participating in the NMKR hackathon in Berlin, partnering with Moneta, showcasing our project at RareEvo (even getting to chat with Charles!), and successfully completing our audit with TxPipes. But to truly push the boundaries of decentralized finance on Cardano, we need to collaborate. That’s why we’re excited to welcome Fluid Tokens as our newest partner.
II. Partnership
Fluid Tokens began its journey on Cardano as a versatile DeFi platform, offering lending, borrowing, staking, and innovative features like rentals and boosted staking.
Embracing UTXO maximalism, Fluid Tokens expanded to Bitcoin, introducing the first permissionless script. This leverages Bitcoin’s deterministic nature and Transaction-Chaining to support Ordinals, BRC-20, and Runes.
Our collaboration with Fluid Tokens will include:
- Yamfore NFT Integration: Apply for a loan on Yamfore, and your position will be represented by an NFT. Use this NFT as collateral for new loans on Fluid Tokens.
- Special Stablecoin Yield: Fluid Tokens will offer a special yield on stablecoins for wallets holding the Yamfore NFT.
- Boosted Stake Exploration: We’ll explore using $ADA locked in the Yamfore protocol for Fluid Tokens’ Boosted Stake feature.
III. Conclusion
This partnership marks a significant step forward for both projects and the broader Cardano ecosystem. We’re excited to see how this collaboration will push the boundaries of DeFi and bring innovative solutions to the community. Together, we’re committed to building a more decentralized and inclusive financial future. Stay tuned for more updates as we embark on this exciting journey!
Main Links
🌐 Website: https://bigblymp.com/
🐦 Twitter: https://twitter.com/bigblymp
🗣️ Discord: https://discord.gg/FK5qtrmRE7
💻 GitHub: https://github.com/BigBlymp
✍️ Medium: https://bigblymp.medium.com/
💬 Reddit: https://www.reddit.com/user/bigblymp
✉️ Email: contact@bigblymp.com
