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Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem

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Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem

London, United Kingdom, 12th July, 2021,
Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of the company’s $10-million Series A funding round. Nexo aims to not only provide necessary funding but also to help Yield’s efforts to build DeFi native versions of traditional finance products.
Nexo’s investment represents another important milestone on its strategic agenda. As the largest, retail-oriented lender in the digital asset space, Nexo pursues optimal operating and investment returns, but of equal importance to the company is the responsibility to invest in young and prospective Blockchain projects in order to help shape the ecosystem of tomorrow and influence the future generation of crypto visionaries. 
The raised funding will further bolster Yield’s mission to make fixed-rate borrowing and lending a fundamental building block of decentralized finance. Yield recently began sharing details regarding version 2 of Yield Protocol’s core borrowing and lending platform, slated for release later this year. Nexo’s seasoned team of financial professionals and technology experts will be available to support Yield’s growth and development, and both teams will join efforts to contribute new standards of professionalism and institutionalization to the nascent DeFi industry.
“Nexo and Yield could form the perfect symbiosis in the industry’s efforts to transform digital assets into a new asset class. While Nexo is a dominant factor in the traditional crypto-backed CeFi space, new business niches could be unlocked by Yield’s zero-coupon fixed-income instruments, dynamic interest rate determination across maturities, and innovative risk management” commented Tatiana Metodieva, CFA, Head of Corporate Finance at Nexo, who led the buy-side mandate. 
“Nexo brings a unique perspective to Yield’s incredible team of investors and advisors. Nexo understands both traditional crypto-backed CeFi, but also understands what it means to be a DeFi power user. We are thrilled to have their help as we launch version 2 of the Yield Protocol and begin to build a community around fixed-rate, fixed-term borrowing and lending products,” commented Allan Niemerg, CEO of Yield, Inc. 
About Nexo
Nexo is the world’s leading regulated digital assets institution. The company’s mission is to maximize the value and utility of cryptocurrencies by offering tax-efficient Instant Crypto Credit Lines™, a high-yield Earn on Crypto & Fiat suite, an instant Exchange service, and sophisticated trading and OTC capabilities, while providing the top-tier custodial insurance and military-grade security of the Nexo Wallet. Nexo has processed $30+ billion for 1,500,000+ users across more than 200 jurisdictions.
Official website: https://nexo.io
About Yield
Yield is on a mission to make fixed-rate borrowing and lending a fundamental building block of decentralized finance. Yield was the first to launch fixed-rate, fixed-term borrowing and lending on Ethereum, and has pushed forward the state of the art in on-chain financial products and automated market makers. Founded in 2020, Yield is a global, remote-first team committed to building decentralized protocols that empower users to control their financial future.  
Official website: https://yield.is
Contacts
Nexo PR

SheepDex: The Best Platform for Trading Slippage & Liquidity Management with Triple Incentives

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SheepDex: The Best Platform for Trading Slippage & Liquidity Management with Triple Incentives

Cryptocurrency is based on a very volatile market. The price range keeps fluctuating and no one can ever predict with 100% accuracy what the value will be in the next few moments. This leads to trade slippage and to prevent it, we need to apply for a limit order. SheepDex provides 

services that help to solve this problem. 

What is SheepDex?

SheepDex is a cross-chain liquidity aggregation platform. Users can deploy their funds within a certain price range and thereby improving the productive capacity and reducing slippage within that range. In addition to this, SheepDex also provides a focused trading depth and target decentralised trading liquidity provides better liquidity to those who use this platform. 

Functions that can be performed using SheepDex 

With SheepDex, one can build decentralised trading, clearing and settlement network. The trading market will be connected to the market depth of the decentralised and centralised exchange. Since SheepDex has the facility of cross-chain interoperability, a wide range of tokens that are on the public chain can be used. SheepDex also has a dark-pool trading system that can support large trading orders which will be termed as independent orders. It has a triple incentive mechanism. The transaction mining in SheepDex powers stable and fast trading with an instant real-time refund of the handling fee. Yield farming lets users add liquidity and gain steady profits. It also lets users set trading ranges and also executes lower slip point transactions. 

What makes SheepDex different? 

The interval pending orders lets users improve the productivity of their capital, thereby reducing the transaction slippage, and concentrating the transaction depth. Users can independently add their preferred fee levels to manage the varying degrees of risk. 

Apart from all this functionality, users also get a refund of the transaction fee, rewards for adding liquidity, and an LP fee reward. 

Check out SheepDex to manage your liquidity with triple incentives. 

Visit the website: https://sheepdex.org/

Join official Telegram group: https://t.me/SheepDex

DeFi & CeFi full aggregator OpenOcean aggregates Polygon to expand its trading universe

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DeFi & CeFi full aggregator OpenOcean aggregates Polygon to expand its trading universe

Tortola, British Virgin Islands, 9th July, 2021,
OpenOcean, a pioneering DeFi & CeFi full aggregator that supports interoperability across multiple networks, is delighted to announce the aggregation of Polygon to expand its trading universe and offer users the best prices with low slippage.
The decision to aggregate Polygon was influenced by the community. When OpenOcean asked its community which network they wanted to see aggregated next, a  staggering 48.7% of the 44K+ votes were for Polygon, far more than any other network.
Commenting on Polygon aggregation, OpenOcean co-founder Cindy said: “We have come to learn that our DeFi users and traders have a strong preference for us to aggregate more open and powerful Ethereum-compatible blockchain networks that offer cheaper and faster transactions.”
Polygon is a protocol and a framework that overcomes the inherent issues of Ethereum such as slow speeds and high gas fees without sacrificing on security. 
OpenOcean’s aggregation protocol sources liquidity and optimizes trades on DeFi and CeFi across major public blockchains such as Ethereum, Binance Smart Chain, TRON, Solana, and more. 
Following the Polygon aggregation, traders will be able to use OpenOcean’s one-stop trading platform to source liquidity from Polygon exchanges and trade assets at the best prices and low slippage.
OpenOcean plans to organize trade mining to encourage users to transact on Polygon. It will be offering 100,000 of its native OOE tokens for those users who make transactions on Polygon via OpenOcean in the following 2 weeks.
In the coming weeks, OpenOcean will release cross-chain aggregations that enable users to trade and transfer assets across different chains and pairs. The transfer of assets between different public chains is possible through bridges and cross-chain protocols, such as Matic Bridge V2.
About OpenOcean
OpenOcean is the world’s leading full aggregator that serves as a bridge connecting the isolated islands in the currently fragmented DeFi and CeFi markets. It finds the best price, no additional fees, and lowest slippage for traders on aggregated CeFi and DeFi using a deeply optimized intelligent routing algorithm. The platform also provides API and arbitrage tools for users to do arbitrage transactions automatically. 
Besides the aggregation of swaps, OpenOcean will continue to aggregate derivative, yield, lending, and insurance products and launch its own combined margin products and intelligent wealth management service. 
For more information, please visit: https://blog.openocean.finance/
For media inquiries: [email protected]
Stay Tuned:  Website   |   Twitter   |   Telegram   |   Discord
About Polygon
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component Polygon SDK is a modular and flexible framework that supports building and connecting Secured Chains such as Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS. 
Polygon’s scaling solutions have seen widespread adoption with 400+ Dapps, ~350M transactions and ~1.5M+ unique users.
Stay Tuned:   Website   |   Twitter   |   Reddit   |   Discord   |   Telegram
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Levf Finance: A Platform that Addresses the Major Issues in Crypto

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Levf Finance: A Platform that Addresses the Major Issues in Crypto

The cryptocurrency world has been growing and changing a lot recently and it is hard to keep up with the volatile nature of it. As many people are joining the digital currency sphere with the aim to make passive money, the fame and value of these currencies have shot up. It is not easy to find a platform that can help with containing the limitations of the Defi circle. That is where Levf Finance comes in. 

Levf Finance is a project that aims to reduce the risk factors and capital limitations associated with Defi traders. This way, it opens up new innovative opportunities in the same. 

Levf – Yield Farming 

With the pressure to keep up with the turbulence of market changes, more and more tools are being built that promise stability and the capacity to comprehend these trends. The Yield Farming Risk Adjustment Protocol (YFRAP) is one such tool built with the above-mentioned intention. With the intention to make crypto more risk-free and transparent, Levf Finance offers a number of services. 

One of them is offering high returns and utility for the investments made in the platform by allotting them to an interest-bearing Liquidity Pool that has no lock-in period. Yield Farmers can increase their Annual Percentage Yield (APY) and can get capital with the cross-protocols farming techniques on Levf Finance. This way, those with capital limitations can address their issue. 

Low Gas Fee

The transaction fee (gas fee) can be derogatory for those with a low capital balance. With Levf Finance such traders can participate in fields in which they could not before due to concerns over the reduction in APY. 

What does Levf Finance have for the Liquidity Providers?

Levf provides 20 times leverage promise on the initial capital of yield farmers. Meanwhile, it provides 10-100% lending returns for liquidity providers. This is a great sigh of relief for those who function on borrowed money. There is also a reserve pool to safeguard against risks. Farming is ensured in the same asset type to reduce the effects of extreme volatility that can lead to liquidation. The company has addressed every loose end that is under noticed in the crypto world. 

About Levf Finance 

Levf Finance is a project that is built on Ethereum with an aim to address the risk and capital limitations in Defi. It also advocates the same asset trading and addresses the liquidity and low return issues of yield farmers and liquidity holders.

Join Levf Finance today to make the most out of your capital without the fear of gas fee backfiring and with the confidence of high returns. Visit the website: https://levf.finance/#home

Startup Clout.art Puts NFTs At The Center Of The New Creator Economy

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Startup Clout.art Puts NFTs At The Center Of The New Creator Economy

“Staking is the new following.” So says Jure Zih, founder of innovative NFT startup, Clout.art, set to launch later in the summer.

This surprising statement deserves some explanation. If Zih is correct, we could see the worlds of social media influencers and NFTs collide in a way that will forever change the influencer landscape.

Clout.art is a platform that enables a content creator to turn a social media post into an NFT. In other words, taking a piece of content from the past, which is freely available on a social media site like Instagram or TikTok, and creating a unique NFT monetised as a saleable asset. The kicker is to make the NFT, they must delete, or burn, the original post.

As Zih explains, “Social media timelines are all about ‘now’. Many content creators have posts that were very popular, but they are buried under the content that came afterwards. With Clout.art, creators can revisit pivotal moments in the history of their digital self and make those moments available to their fans, and collectors, as NFTs.”

Clout.art has developed a proprietary algorithm they call the Clout.art Score, which considers several factors, including the content age, reach, and engagement. It uses this to determine the inherent value of the NFT at the moment of minting. The more clout possessed by the creator, the more valuable the NFT will be at its moment of creation.

So, how does this tie in with Zih’s opening statement that staking is the new following? The answer lies in the challenges faced by all influencers on social media and how blockchain provides an alternate mechanism for creators to connect with their fans directly.

According to Zih, in addition to popular posts soon disappearing from view as new content is added, social media influencers must also contend that they do not own the medium and thus cannot monetize their creativity directly. The solution to this has been third party sponsorships, but this leads to questions of authenticity. As Zih puts it, “How often do you hear an influencer say they don’t like something?”

The Clout.art platform is built around its utility token, PROPS, where creators will be granted PROPS to mint NFTs from their social media posts. But where things get interesting is how fans and collectors can use their PROPS to connect with content creators.

Each content creator will have their unique staking pool, called the Creator pool. PROPS holders can stake their tokens against individual content creators, thus sending a market signal that there is demand for their content. When a creator sells an NFT, the rewards are shared with all the participants in that pool.

“Creators won’t just profit from their audience,” enthuses Zih. “Now they will profit with their audience. This ties in both creators, fans but also collectors as it introduces a whole new idea of social capital and NFTs as the underlying assets for the economic model to work.”

Blockchain technology, and the most popular current use case, NFTs, might well signal a change in how creators monetise their creativity. It will be interesting to see how the social media channels respond in the future as services like Clout.art provide alternative channels for Creators to reach and connect with their audience.

For more information on Clout.art, visit their website.

Nafty Brings Blockchain Solution to Empower Adult Content Creators and Reward Consumers

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Nafty Brings Blockchain Solution to Empower Adult Content Creators and Reward Consumers

London, England, 7th July, 2021,
Nafty, a DeFi ecosystem for the $97 billion adult industry, has officially launched the NAFTY token and three adult content platforms. Through its various platforms, Nafty aims to change the way adult creators sell their content and engage with their fans.
Nafty has partnered with well-known adult stars to make their exclusive 18+ content available across its ecosystem. 
So far, Nafty has launched four platforms:
NaftyFans.com: A blockchain-based fanclub platform that offers lower fees, better payment solutions, and built-in marketing tools
Nafty.tv: A subscription platform where adult content creators can charge a monthly/yearly fee for exclusive content
NaftyArt.com: An NFT marketplace for adult creators and erotic artists. It gives creators access to a long-term revenue stream
NaftyPay.com: A state of the art payment solution for the adult industry. It enables payments and withdrawals with Nafty token on any platform and exchanges to any cryptocurrency           
NAFTY is the native token for the entire ecosystem. During the pre-sale, NAFTY tokens worth 1000 BNB sold out in less than 53 minutes. The token is based on the Binance blockchain and is available on Pancakeswap for trading.
The NAFTY holders earn a passive income from transaction fees charged across the ecosystem. They can also use it to tip the creators, buy NFTs, place advertisements on Nafty platforms, pay for subscriptions to Nafty.tv and influence the roadmap of Nafty projects.
Nafty removes the producers, agencies, and other intermediaries that take a huge cut from creators’ income. It enables adult creators to directly monetize their fanbase using blockchain.
Platforms in the Nafty ecosystem have built-in marketing tools to help creators grow their fanbase. Creators can give each other shoutouts and use an affiliate program to attract traffic from external sources. They no longer have to worry about a platform banning or discouraging adult content.
Since the leading payment processing companies have banned the adult industry, payment services that cater to the segment charge unreasonably high fees. Nafty dramatically reduces the payment processing costs for creators by using blockchain and its native NAFTY token. They are also reaching out to third party platforms to join the ecosystem and liberalize the payments restrictions from the adult space. 
“We are proud and excited to have developed an ecosystem of platforms, which, along with the NAFTY token, put the power and earning potential into the hands of the creators,” said Nafty CEO Rob Kemenyfi.
About Nafty
Nafty is a decentralized NSFW ecosystem that empowers content creators using blockchain. It removes intermediaries, offers low-cost payment solutions and marketing tools to help creators build a fanbase. NAFTY is the governance token across the ecosystem. 
Stay tuned:   Twitter   |   Telegram   |   Discord   |   Reddit   |   Website 
Contacts

HempCoin Partners With Eco Allies To Build A Carbon Offset Credits Trading Exchange

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HempCoin Partners With Eco Allies To Build A Carbon Offset Credits Trading Exchange

HempCoin Holdings LLC has come together with Eco Allies (EA) by signing a non-binding Memorandum of Understanding to develop and build a blockchain carbon offset credits trading exchange. HempCoin is among the 30 coins that were made in 2014 with an aim to provide liquidity to the global agriculture and farming sectors. Eco Allies is a Nevada ESG Benefit company which is a majority-owned subsidiary of Stereo Vision Entertainment Inc. This project is funded under Eco Allies’ 20 million dollar Reg A+ offering. A number of other sustainable and renewable projects are also under this 20 million dollar fund allocation. 

The coming together of these major companies is to build a mobile application that will have the capacity to be the place for the buying and selling of carbon and methane credits using the blockchain to trade worldwide. Blockchain pioneer Tim Renzetti and his company, HempCoin Holdings will add to Eco Allies’ climate change mitigation projects with this decentralised carbon credit system. Eco Allies aims to produce carbon and methane offset credits from the project that it has partnered with Climate Cure Capital which is another subsidiary of Stereo Vision Entertainment Inc. The design that involves SuperGreenTrees (SGTs) for pollution control and manufacturing biochar is also under their project. 

HempCoin aims to provide secure transaction methods for farmers, distributors and consumers. With $THC, each person is in control of their blockchain with the advantage of scale linearity to grow and expand at their own speed. HempCoin also allows users to build their custom blockchain solutions with modular platform technology. HempTRAC is one of their best systems that let users get insights on various architectural inputs like ideal soil, nutrient, or water mixtures for a crop cycle to predict the wastage and usage of nutrients and other factors.

To learn more about Hempcoin please visit their website –  https://hempcoin.org/ 

You can also join their Telegram and Twitter community for the latest project updates.

Mystery Coin Launches Mystery House with a Special Launchpad

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Mystery Coin Launches Mystery House with a Special Launchpad

Mystery Coin is here with yet another coin called Mystery House which will launch on July 11. The entire coin ecosystem is growing with their shared tokenomics. As the name goes, Mystery House is a house that will include all the other Mystery products and a launchpad with multiple functions. 

Mystery House is a multi-utility coin with the first utility being a SAFU launchpad that will be up and running in August 2021. In that, token holders can enjoy numerous advantages, one of them is having early access to new coin launches. The mystery house is the pass to utilise the launchpad completely. One has to hold mystery tokens to make use of any coins or tokens that will be released through the launchpad. 

Mystery House holders need not worry about having to hold the coin for a long time because interexchange is under development. Through it, one can change mystery houses for others at a very low tax fee. Things at the mystery family are getting spiced up with the launch of their house. The team is also planning to launch a merchandise shop that will sell things like t-shirts, keychains, and caps, a tracking and charting tools website, and a casino arcade. 

7% of the transaction tax will be used for development funds and 3% will be used for house maintenance. 

From July to October, the works will be on the mystery house launch. The focus is also on creating a Launchpad Beta for mystery coin launches. Finishing up the launchpad completely with allowing access to third-party applications and provisions for coin exchange. The last two months of this year will see the release of the merchandise and tracking & charting tools. Casinos will see the light of the day at the beginning of 2022. 

To learn more about Mystery Coin please visit their website –  https://www.mysterycoin.family/  

You can also join their Telegram and Twitter community for the latest project updates.

Former European Commissioner Phil Hogan Joins the Astra Protocol Advisory Board

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Former European Commissioner Phil Hogan Joins the Astra Protocol Advisory Board

Dublin, Ireland, 6th July, 2021,
Astra protocol, a revolutionary legal layer that brings unparalleled assurance to public blockchains, is excited to announce that the former European Commissioner for Trade, Phil Hogan, has joined its Advisory Board as an Executive Advisor.
Phil has had an exceptionally successful political career. He brings a wealth of experience in international trade and relations. While serving as the European Commissioner for Trade, he was tasked by the President of European Union, Ursula von der Leyen, with the sensitive job of resolving the trade war with the United States.
He was also responsible for negotiating investment deals with China, and securing the landmark trade deals with Japan and the South American Mercosur countries. 
Phil Hogan will provide strategic guidance to Astra as it rolls out its legal assurance layer to governments and corporate institutions around the world.
On joining the Astra advisory board, Phil Hogan said: “Decentralised finance is becoming increasingly prominent across the world, but the lack of robust, legal protection has hindered progress within major institutions. Astra offers the first sustainable and scalable bridge to support the mass adoption of decentralised finance products in the real world. Applications like the Astra protocol are the future, and I’m very pleased to be a part of it.”
Astra protocol provides a decentralized assurance layer on public blockchains to fuel the growth of DeFi. It plugs into an existing DeFi platform to ensure that the funds arrive at their correct destination. 
The protocol prevents insecure or invalid smart contracts from executing. If a transaction turns out to be a scam or the funds end up in a wrong wallet address, Astra can resolve the dispute and restore the funds immediately. 
Astra protocol’s Chief Innovation Officer Sakhib Waseem said: “We are extremely pleased to announce Phil Hogan joining our advisory board, his well recognised experience in international relations, most notably as EU Commissioner of Trade, adds immeasurable value to our position, as we continue to bring further partnerships across the globe, supporting our mission to drive trust, assurance and growth to the DeFi industry as a whole.”
About Astra
Astra is a revolutionary legal assurance layer for public blockchains. It is designed to eliminate frauds, remove doubts, and resolve disputes efficiently to make public blockchains safe for all users. Astra enables governments, institutions, and individuals to transact with trust and confidence on smart contract networks such as Ethereum, Polkadot, Cardano, and others.
For media enquiries, please contact: [email protected]
For further information, visit: https://astraprotocol.com/
Contacts

Investors lap up the adults’ token NAFTY in pre-sale funding

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Investors lap up the adults’ token NAFTY in pre-sale funding

London, England, 6th July, 2021,
Nafty, a DeFi ecosystem for the $97 billion adult industry, is excited to announce that it has concluded the pre-sale of its NAFTY token. 
More than 400 public investors lapped up all the NAFTY tokens available for pre-sale in less than 54 minutes on July 5th, 2021. Nafty had allocated 3 billion NAFTY tokens worth 1000 BNB for the pre-sale, which represented 3% of the total token supply. In USD, the investors contributed over $300,000 towards the success of the project.
NAFTY is based on the Binance blockchain and will be available on Pancakeswap for trading starting tomorrow, 7th of July, 2021, at 12 PM EDT. 
Investors can use the NAFTY token on platforms across the Nafty ecosystem to pay for content and services. Nafty has already launched four adult content platforms – NaftyFans.com, NaftyPay.com, Nafty.tv and NaftyArt.com. 
Nafty has partnered with well-known adult stars to make their exclusive 18+ content available on its platforms. By removing the middlemen and dramatically reducing the payment processing fees, Nafty enables adult content creators to earn more, and content consumers to pay less. 
Token holders will earn a passive income from transaction fees charged across the Nafty ecosystem. They can also use it for tipping the adult creators, buying NFTs, and paying for subscriptions to Nafty.tv. 
Since NAFTY is a governance token, the token holders can also participate in the governance matters to influence the roadmap of the Nafty ecosystem.
“We are proud and excited to have developed an ecosystem of platforms, which, along with the NAFTY token, put the power and earning potential into the hands of the creators,” said Nafty CEO Rob Kemenyfi.
Nafty levies a 4% fee on all transactions. It distributes the transaction fee as rewards to the current token holders in proportion to their holdings. 
Another 4% fee is locked in the liquidity pool to reduce supply. Nafty spends the profits generated on its platforms to buy back and burn the LP tokens to increase the token value. An additional 2% will be eliminated from circulation in order to increase the value of the token for all holders.
About Nafty
Nafty is a decentralized NSFW ecosystem that empowers content creators using blockchain. It removes intermediaries, offers low-cost payment solutions and marketing tools to help creators build a fanbase. NAFTY is the governance token across the ecosystem. 
Stay tuned:   Twitter   |   Telegram   |   Discord   |   Website |   Email
Contacts