• Home
  • About Us
  • Reach Us
  • Blockchain
  • Bitcoin
  • Altcoins
  • Privacy Policy
Saturday, June 25, 2022
  • Login
Crypto Trend
  • Home
  • About Us
  • Reach Us
  • Blockchain
  • Bitcoin
  • Altcoins
  • Privacy Policy
No Result
View All Result
  • Home
  • About Us
  • Reach Us
  • Blockchain
  • Bitcoin
  • Altcoins
  • Privacy Policy
No Result
View All Result
Crypto Trend
No Result
View All Result

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

admin by admin
November 8, 2021
in Altcoins
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Genius Yield, the decentralized alternate, and yield protocol primarily based on Cardano have raised over $4.2 million {dollars} from traders inside 4 weeks, throughout their first seed spherical, which lately closed on November 1st. Buyers on this spherical of fundraising included Grasp Ventures, Genblock Capital, CSP DAO, Sneaky Ventures, Cardano Syndicate, ipor.io, Bloctech Funding Group, Kernel Ventures, Blue Node Capital, Valhalla Capital, and Oracles Investments Group.

Genius Yield is powered by the Cardano blockchain, with the goal to optimize its customers’ Annual Proportion Yield (APY) and improve the effectivity of asset allocation, and presents good liquidity administration that additional allows customers to generate higher yields inside the decentralized digital ecosystem.

“I wish to use my many years of expertise in software program improvement, maths, and crypto to steer our applied sciences and make DeFi straightforward to make use of for everybody’s improvement, upkeep, and fixed enchancment,” stated CTO of Genius Yield, Dr. Lars Brünjes. “Having Genius Yield constructed on Cardano, a third-generation blockchain, helps with low charges and a excessive degree of assurance, which is a key function of our platform.” 

Genius Yield hopes to push the boundaries even additional and excel of their second spherical of fundraising whereas rising the publicity of the corporate as a complete, and are thrilled to have the help of huge names within the enterprise capital area. Their subsequent preliminary stake pool providing (ISPO) will happen on December 15, and presale by Q2 2022. 

In comparison with different DeFi platforms, Genius Yield gives elevated capital effectivity and fine-tuned management for liquidity suppliers, and a extra versatile charge construction by first deploying a concentrated liquidity DEX much like the uniswap V3 protocol. Customers can use Genius Yield’s Good Liquidity Administration to optimize their rewards when offering liquidity.

About Genius Yield
Genius Yield is a decentralized non-custodial Automated Market Maker (AMM) and Good Liquidity Administration resolution carried out in Plutus on the Cardano Blockchain. In comparison with different AMM protocols, Genius Yield gives elevated capital effectivity and fine-tuned management for liquidity suppliers, and a extra versatile charge construction by making use of the identical precept as Uniswap 3.

Customers can use Genius Yield’s Good Liquidity Administration to optimize their rewards when offering liquidity. With Cardano, Genius Yield will create a worldwide DeFi ecosystem enriched with safety, whereas fulfilling its dream of being a completely decentralized group.

The present DeFi world is just too complicated. Genius goals to simplify it for the lots by providing Genius Academy, a spot the place everyone seems to be given the precise set of data to study and perceive the world of DeFi. With Genius Yield anybody can reap the advantages of the DeFi world. 

For extra data on Genius Yield please go to Web site, Whitepaper, Medium, Twitter, Discord, and Telegram.

Disclaimer: This can be a paid put up and shouldn’t be handled as information/recommendation.

Related Posts

Altcoins

163.2B SHIB bought by top ETH whales and here’s why it should matter

June 25, 2022
Altcoins

Will Solana’s latest stunt of ‘crypto to go mobile’ help SOL go up the price chart

June 25, 2022
Altcoins

Bitcoin [BTC]: Assessing how deep are we into the bear market

June 25, 2022
Altcoins

Bitcoin: On-chain metrics to consider in this bear cycle before going…

June 25, 2022
Altcoins

Ethereum investors should know this reasoning behind ETH’s crash in June

June 25, 2022
Altcoins

XRP is up more than 10% after Ripple announced plans to…

June 25, 2022
Next Post

How did the DeFi, NFT and crypto market change in October?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Popular

163.2B SHIB bought by top ETH whales and here’s why it should matter

June 25, 2022

Will Solana’s latest stunt of ‘crypto to go mobile’ help SOL go up the price chart

June 25, 2022

Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy

June 25, 2022

Crypto Trend

About Us

We are here to give latest trends on CrytpoCurrency and BitCoins with Crypto Prices and Changes.


According to the technical charts, the fluctuating price action sent short-term option traders into “fear” mode.

© 2021Crypto Trend. All Rights Reserved.

No Result
View All Result
  • About Us
  • Home
  • Home Layout 2
  • Privacy Policy
  • Reach Us

© 2021 Crypto Trend. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In