Algofi Governance Vault Goes Live, Unlocking $2.7B of Liquidity for the Algorand DeFi Ecosystem
NEW YORK, March 31, 2022 /PRNewswire/ -- Algofi announced the launch of their Algorand Foundation Governance Vault on the Algorand blockchain. With the Algofi Vault users can simultaneously participate in Algorand governance and Decentralized Finance (DeFi). To participate in Algorand Governance, users will have to opt in via the Vault by April 14th, 12:00pm EST.
- NEW YORK, March 31, 2022 /PRNewswire/ -- Algofi announced the launch of their Algorand Foundation Governance Vault on the Algorand blockchain.
- With the Algofi Vault users can simultaneously participate in Algorand governance and Decentralized Finance (DeFi).
- To participate in Algorand Governance, users will have to opt in via the Vault by April 14th, 12:00pm EST.
- The Algofi vault will enable ALGOs committed to governance to be used as collateral for lending and borrowing, thereby unlocking $2.7B of liquidity for the Algorand DeFi ecosystem.