DAOventures partners with Biconomy to introduce ‘Happy Hours’

Aditya Khanduri
Biconomy
Published in
2 min readJun 30, 2021

Everybody loves happy hours! In your favourite bar it means cheap booze, while in your favourite DeFi Dapp by DAOventures, it means free & gas-less deposits!

DAOventures is a leading robo-advisor and automated asset manager to make DeFi investments simple. To further simplify the life of DeFi users, they are introducing ‘Happy Hours’ during 9am — 10am UTC EVERYDAY and more for special events! Read here for more information.

Free Deposits on Ethereum Mainnet

During this happy hours, DAOventures will enable gas free deposits for users on Ethereum mainnet. Users can just deposit and approve the transaction, that’s all! This is made possible by using Biconomy’s EIP 2771 gasless transactions approach.

Such growth hacks are a great case of how Dapps can leverage Biconomy’s gasless meta-transactions to create great offers for their users. Dapps can create custom logic to sponsor gas fees for certain transactions or events that will help them grow or retain their users. These offers can also act as a competitive advantage in the DeFi & web3.0 ecosystem.

Pay gas on DAOventures in stablecoins

DAOventures is highly focused on stablecoin strategies. Users and investors usually don’t want exposure to volatile assets, but want to earn healthy returns by yield farming with stablecoin assets. Plus, it’s not easy for investors to find the perfect DeFi protocols to match their risk appetite. That’s where DAOventures’ custom made investment portfolio comes in. With Happy Hours, users can enjoy not only the best DeFi portfolios of their choice, even without gass!

DAOventures will also enable gas payments in stablecoins like USDT/USDC/DAI, powered by Biconomy Forward. That way, users don’t need to own or spend other assets. They can complete their transactions in stablecoins they are using on DAOventures.

Dapps targeted at such stablecoin strategies can also leverage Biconomy Forward to enable gas payments in stablecoins or any ERC20 token. Read here for more details.

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About DAOventures

DAOventures is a DeFi robo-advisor and automated money management platform. Imagine “Robinhood for DeFi”. It is our mission to make DeFi simpler, accessible & inclusive. We believe in creating a simpler, more accessible, and more open world that is permissionless, inclusive, and guided by our DNA of continuous learning, integrity, and transparency.

Website: https://app.daoventures.co
Twitter: https://twitter.com/VenturesDao
Telegram: https://t.me/DAOventures
GitHub: https://github.com/daoventures/
Discord: https://discord.com/invite/UJaCPMkb6q

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Aditya Khanduri
Biconomy

Marketing @Biconomy | Interested in Blockchain, Artificial Intelligence, Biotech & emerging tech startups | Tea aficionado