Crypto.com integrates Equilibrium (YEL) into its yield farming
Crypto.com is a cryptocurrency exchange company based in Singapore. Recently, the company will add Yield Enhancement Lab’s Equilibrium protocol to its yield breeding services.
Stockholm, Sweden–(Newsfile Corp. – Sep 06, 2022) – Crypto.com has established a newly created crypto forum. In the recent expansion, the company has integrated the equilibrium protocol into its services, especially in yield farming. The newly developed Equilibrium protocol is an active portfolio management strategy that automates farming across multiple strategies. It continuously analyzes available strategies without additional effort from investors.
Crypto
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Equilibrium will be an optional addition to Crypto.com’s user base interested in providing liquidity and stakes.
Crypto.com CEO Kris Marszalek expressed the new development at his company,
“We are happy to offer the Equilibrium protocol to our users. Some of our products, such as yield farming, can be a bit complicated for first-time users. This service will allow users to invest automatically across multiple pools. It will simplify the process .”
The technology is accelerating the world’s transition to cryptocurrency.
About Yield Enhancement Labs:
YEL is a multi-chain platform for yield improvement and aggregation with several automated farming strategies. Its mission is to build an ecosystem of looped demand for $YEL tokens, while helping projects initiate liquidity or gather additional owners and maximize returns and returns through their protocols.
YEL simplifies the complexity of DeFi by creating opportunities and maximizing returns for liquidity providers through an innovative approach and multiple directions:
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Equilibrium YEL provides an opportunity for automated farming strategies on multiple chains available to everyone within the Equilibrium protocol.
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dYEL Maintain the decentralized supported DeFi index. dYEL is the first multi-chain index backed by assets that represent the value of the index. Meanwhile, these assets are used to increase the total treasury value, increasing the DYEL value.
Intended users must visit the following links for further updates on the new developments.
Crypto.com | YEL
Media details:
Company Name: Crypto.com
Company email address:
[email protected]
Website: https://crypto.com/
Website: Yel.finance
Name: Pool Day
Email: [email protected]
Country: Stockholm, Sweden
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