VY FINANCE


Associated tags: Well, TVL, Cardano, Cryptocurrency, USDT, Haskell, Mechanics, ADA, NFT, APR, Decentralized finance, ICO, Non-fungible token, Telegraphy, LMS, Website, AI, Farm, Ecosystem, Plutus

Vy Finance, DeFi’s First Neural Net Staking Protocol, becomes first Cardano project to Reach $15M+ TVL Milesome

Retrieved on: 
Friday, February 11, 2022

Lately VyFi has been getting attention for bringing many firsts to the Cardano DeFi game.

Key Points: 
  • Lately VyFi has been getting attention for bringing many firsts to the Cardano DeFi game.
  • VyFis NFT Staking saw $3m in TVL in 24 hours, and provides the first use case for NFTs on the Cardano chain.
  • VyFis unlocked token staking also offers 18% APR, making it a popular choice for users vs. the standard Delegated Pool Staking that Cardano offers.
  • Co-Founder Jack Kochen explains, The neural net is the AI watching over the liquidity pools and the farms in ADA's developing ecosystem.