CRYPTO LITTER
TrendsyToken.io
  • Coin Tracker
  • Bitcoin

    BTC To See Correction Below $10K, Predicts Founder Of Midas

    Can XRP Continue To Outperform Bitcoin?

    Ethereum Price Remains Vulnerable, Will ETH Fall Back To $1K?

    Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis

  • Ethereum

    Finalized no. 25 | Ethereum Foundation Blog

    EF-Supported Teams: Research & Development Update

    Grantee Roundup: April 2021 | Ethereum Foundation Blog

    Announcing the EF Fellowship Program, Cohort #2

  • Blockchain
  • NFT Trends

    DeGods Removes Royalties from Resales

    Orange Comet Strikes Partnership with Sir Anthony Hopkins

    CNN’s NFT Platform Shuts Down, Users are Raging

    The SEC Casts a Beady Eye Over Yuga Labs’ Operations

  • Fashion Trends

    What to Wear Hiking This Summer

    35 Affordable Items I’m Eyeing From the Shopbop Sale

    12 Water-Based Makeup Products That Give You Dewy Skin

    The Best Postpartum Clothes I Wore on Maternity Leave

  • VR & Metaverse

    Meta Working With Ray-Ban On New Smart Glasses

    Quest Pro’s Controllers Have “Up To” 8-Hour Battery Life

    VR Developer Schell Games Donates $20K To Charities

    Meta Avatars Getting Legs Soon, And New Graphics Next Year

No Result
View All Result
  • Coin Tracker
  • Bitcoin

    BTC To See Correction Below $10K, Predicts Founder Of Midas

    Can XRP Continue To Outperform Bitcoin?

    Ethereum Price Remains Vulnerable, Will ETH Fall Back To $1K?

    Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis

  • Ethereum

    Finalized no. 25 | Ethereum Foundation Blog

    EF-Supported Teams: Research & Development Update

    Grantee Roundup: April 2021 | Ethereum Foundation Blog

    Announcing the EF Fellowship Program, Cohort #2

  • Blockchain
  • NFT Trends

    DeGods Removes Royalties from Resales

    Orange Comet Strikes Partnership with Sir Anthony Hopkins

    CNN’s NFT Platform Shuts Down, Users are Raging

    The SEC Casts a Beady Eye Over Yuga Labs’ Operations

  • Fashion Trends

    What to Wear Hiking This Summer

    35 Affordable Items I’m Eyeing From the Shopbop Sale

    12 Water-Based Makeup Products That Give You Dewy Skin

    The Best Postpartum Clothes I Wore on Maternity Leave

  • VR & Metaverse

    Meta Working With Ray-Ban On New Smart Glasses

    Quest Pro’s Controllers Have “Up To” 8-Hour Battery Life

    VR Developer Schell Games Donates $20K To Charities

    Meta Avatars Getting Legs Soon, And New Graphics Next Year

No Result
View All Result
Crypto Litter
No Result
View All Result
Home Bitcoin

Genius Yield: Cardano-powered optimizer raises $4.2 million in seed round

November 8, 2021
in Bitcoin
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Genius Yield, the decentralized exchange, and yield protocol based on Cardano have raised over $4.2 million dollars from investors within four weeks, during their first seed round, which recently closed on November 1st. Investors in this round of fundraising included Master Ventures, Genblock Capital, CSP DAO, Sneaky Ventures, Cardano Syndicate, ipor.io, Bloctech Investment Group, Kernel Ventures, Blue Node Capital, Valhalla Capital, and Oracles Investments Group.

Genius Yield is powered by the Cardano blockchain, with the aim to optimize its users’ Annual Percentage Yield (APY) and enhance the efficiency of asset allocation, and offers smart liquidity management that further enables users to generate better yields within the decentralized digital ecosystem.

“I want to use my decades of experience in software development, maths, and crypto to lead our technologies and make DeFi easy to use for everyone’s development, maintenance, and constant improvement,” said CTO of Genius Yield, Dr. Lars Brünjes. “Having Genius Yield built on Cardano, a third-generation blockchain, helps with low fees and a high level of assurance, which is a key feature of our platform.” 

Genius Yield hopes to push the boundaries even further and excel in their second round of fundraising while increasing the exposure of the company as a whole, and are thrilled to have the support of large names in the venture capital space. Their next initial stake pool offering (ISPO) will take place on December 15, and presale by Q2 2022. 

Compared to other DeFi platforms, Genius Yield provides increased capital efficiency and fine-tuned control for liquidity providers, and a more flexible fee structure by first deploying a concentrated liquidity DEX similar to the uniswap V3 protocol. Users can use Genius Yield’s Smart Liquidity Management to optimize their rewards when providing liquidity.

About Genius Yield
Genius Yield is a decentralized non-custodial Automated Market Maker (AMM) and Smart Liquidity Management solution implemented in Plutus on the Cardano Blockchain. Compared to other AMM protocols, Genius Yield provides increased capital efficiency and fine-tuned control for liquidity providers, and a more flexible fee structure by applying the same principle as Uniswap 3.

Users can use Genius Yield’s Smart Liquidity Management to optimize their rewards when providing liquidity. With Cardano, Genius Yield will create a global DeFi ecosystem enriched with security, while fulfilling its dream of being a fully decentralized community.

The current DeFi world is too complex. Genius aims to simplify it for the masses by offering Genius Academy, a place where everyone is given the right set of information to learn and understand the world of DeFi. With Genius Yield anyone can reap the benefits of the DeFi world. 

For more information on Genius Yield please visit Website, Whitepaper, Medium, Twitter, Discord, and Telegram.

Disclaimer: This is a paid post and should not be treated as news/advice.



[ad_2]

Source link

Related articles

BTC To See Correction Below $10K, Predicts Founder Of Midas

Can XRP Continue To Outperform Bitcoin?

Share76Tweet47

Related Posts

BTC To See Correction Below $10K, Predicts Founder Of Midas

Bitcoin (BTC) hasn’t been in its best state lately, falling from a high of over $69,000 to the current...

Can XRP Continue To Outperform Bitcoin?

Ripple struggled to clear the $0.550 resistance against the US Dollar. XRP price is now moving lower and might...

Ethereum Price Remains Vulnerable, Will ETH Fall Back To $1K?

Ethereum failed to clear the $1,300 resistance zone against the US Dollar. ETH is declining and there is a...

Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis

A new study shows that over 18% of all crypto received by Eastern Europe comes from addresses associated with...

Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023 – Regulation Bitcoin News

Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in...

Load More
  • Trending
  • Comments
  • Latest

Trendsy Token Is Taking Over

Introducing A0K1VERSE- The New Metaverse From Steve Aoki –

The Sandbox Secures Strategic Partnership with Warner Music Group

Optimized Ethereum Mining Settings for Nvidia RTX 3060 Ti, RTX 3070, RTX 3080 and RTX 3090 GPUs

BTC To See Correction Below $10K, Predicts Founder Of Midas

Buy Stuff with Bitcoin | Which Online Stores Accept CryptoCurrency?

Bitcoin bulls ‘hold back’ as BTC’s monthly futures expiry approaches

Made in Umbria: IBM Food Trust helps certify food authenticity

BTC To See Correction Below $10K, Predicts Founder Of Midas

Can XRP Continue To Outperform Bitcoin?

Ethereum Price Remains Vulnerable, Will ETH Fall Back To $1K?

Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis

  • Coin Tracker
  • Bitcoin
  • Ethereum
  • Blockchain
  • NFT Trends
  • Fashion Trends
  • VR & Metaverse

© 2021 Crypto Litter - The #1 Source for Crypto Shit

No Result
View All Result
  • Coin Tracker
  • Bitcoin
  • Ethereum
  • Blockchain
  • NFT Trends
  • Fashion Trends
  • VR & Metaverse

© 2021 Crypto Litter - The #1 Source for Crypto Shit

  • RelevantRelevant(REL)$0.780.38%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%