Gibraltar, Iberia–(Newsfile Corp. – March 7, 2022) – DeFi leading launchpad, Poolz Finance, is announcing its collaboration with the crypto liquidity hub, Kyber Network. This partnership will asist in leveraging multiple futuristic projects from the ground up, providing projects with the necessary infrastructure to grow.
Through this partnership with Kyber Network, Poolz aims to accelerate the growth of all projects integrating and using KyberSwap by introducing a grant program. New projects launched through Poolz Finance can immediately provide liquidity for its tokens in an efficient manner on KyberSwap.
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This is another step in the long milestone of Poolz to its position as the most advanced DeFi’s go-to fundraising platform and token launchpad.
“Since the onset of Poolz Finance, our goal has been to transform fundraising in DeFi and foster the rapid growth of innovative projects,” says the team at Poolz Finance. “The partnership with Kyber Network plays right into this vision of ours. We believe we could be at the helm of the development of multiple cutting-edge DeFi projects along with Kyber Network, and solidify our position as DeFi’s ace launchpad.”
The key points behind this partnership are:
- Poolz Finance aims to have multiple top-tier mutual investments with Kyber Network on the platform.
- Projects using KyberSwap can now apply for grants from Poolz Finance and Kyber Network. $1 million from Poolz’s venture arm, Poolz Ventures, is invested into this most ambitious projects being built on Kyber Network.
- Projects will have the opportunity to apply for mutual IDOs on Poolz Finance and KrystalGO (a mutual IDO partner).
KyberSwap (Kyber’s flagship product) is a DEX aggregator and liquidity protocol that gives traders the best rates on Ethereum, Polygon, BSC, Avalanche, Fantom, Cronos, and other networks. The liquidity on this protocol is sourced from multiple DEX and liquidity protocols, including KyberSwap’s own pools.
“KyberSwap’s goal is to be the best chain agnostic Dex. The end goal is to provide the best experience, efficiency, speed and security to users. Identifying, backing and launching the next generation of DeFi giants together with Poolz is a perfect complement to our DNA: Thinking long-term, doing right by the users and builders, and a strong focus on ecosystem building,” says Victor Tran, CEO Kyber Network.
Liquidity providers on KyberSwap also earn more as they enjoy high capital efficiency and benefit from the swap fees and yield farming rewards generated on the platform. This provides a way for all these platforms to access liquidity and facilitate token trading at the best rates for its users.
Stay tuned to this space for further updates about the partnership.
About Kyber Network
Kyber Network is a decentralized liquidity hub for DeFi that connects liquidity sources and facilitates token trading and swapping without the need for intermediaries. KyberSwap can be easily integrated into DeFi platforms, decentralized applications, and crypto-wallets, with over 100 Dapps already integrated.
About Poolz Finance
Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to assist crypto industry projects in raising funds before listing. Poolz Venture is an investment fund set up by the core team at Poolz to further build on the vision Poolz started with.
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