Formation Fi Partners with Polytrade!!
Real World Meets Virtual for DeFi-related investments
Formation.fi, a DeFi protocol for smart yield farming introduces Polytrade as the newest ecosystem partner of our ecosystem. Together we will enable greater DeFi investment opportunities for our users and contribute towards “Shaping the Future of Trade Finance”.
Formation Fi & Polytrade Partnership Vision:
Speaking about the vision, Polytrade CEO & Founder Mr. Piyush Gupta said, “We are super excited to have an advanced and innovative protocol like Formation.fi joining us on our journey to reshape the future. Giving our stakeholders and lenders a platform to park their investments to make a difference to world trade and help SMEs in need is a goal that we’ve nurtured very closely since the outset.”
This alliance will mainly focus on many key the following areas:
- Providing a new diversified investment option for Formation — to cater to low risk high yield investment vehicle
- Access to real-world assets, providing protection during cyclical crypto bear markets with added protection of insurance
- Unutilized funds on Polytrade to be deployed on Formation.fi for gathering APYs for lenders
- Creating staking opportunities for $TRADE on Formation.fi.
For Polytrade, easy access to consolidate funds and increased liquidity helps our goal of helping SMEs even more.
Quote from Edmond Truong, Formation Fi:
“We are in the process of revolutionizing investment by putting more power in the hands of users. Providing a diversified investment always minimizes risks and conserves investor capital, and at Formation.fi, it’s one of our top priorities. With this partnership, we will be able to assure our users of safe and better returns even during crypto-winters due to Polytrades’ focus on insured real world assets financing.
About Formation Fi
Formation Fi is a DeFi project that aims to take yield farming to another level by integrating the risk parity strategy first implemented by billionaire hedge fund manager Ray Dalio for stock markets. The yield farming protocol developed by Formation Fi distributes risk across multiple uncorrelated assets within the crypto space. The protocol is chain agnostic, community-oriented, and targets long-term success.
About Polytrade
Polytrade is a blockchain-based decentralized protocol aiming to transform receivables financing connecting buyers, sellers, insurers, & investors for a seamless experience. It brings safe and insurance-backed real-world assets to the crypto world. Polytrade will provide real-world borrowers access to low interest and swift financing to free up critical working capital tapped from crypto lenders. While the project will start with a focus on trade finance, eventually, it would evolve into a full-stack lending protocol for small businesses.
Where to Find Us?
Website: https://formation.fi
Telegram: https://t.me/FormationFi
Twitter: https://twitter.com/FormationFi
Medium: https://formation-fi.medium.com
