BlockBank partners with Shield Finance to protect users from market volatility
Shield Finance ($SHLD) will deploy Market Crash Protection contracts for $BBANK with Blockbank adding the $SHLD token to our mobile wallet, exposing it to a broader audience of investors & traders.
Shield Finance will deploy Market Crash Protection contracts for Blockbank. These contracts will allow the $BBANK token holders to buy protection against a potential crash due to market-wide sell-off. $BBANK token holders will have a right to sell $BBANK at a guaranteed price (no matter what the market price will be). More information: Market Crash Protection. This will allow the users to maximize gains and minimize unnecessary losses on their investments.
“The Blockbank team is very enthusiastic about their users & their product — we’re excited to support them by deploying Market Crash Protection contracts for their token, and we’re looking forward to other collaboration opportunities”
— Denis Gorbachev, CEO of Shield Finance
“Protecting our users from market volatility is one of our major objectives, we are thrilled to partner with Shield Finance to help us achieve this.Shield Finance Market Crash Protection guarantees the price at which users can sell their crypto, deploying this new feature to Blockbank’s app adds a new layer of security for our users.”
— Keldge D’Cruz, CEO of BlockBank
About Shield Finance
Shield Finance is a multi-chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to hacks, exploits, rug pulls, sell-offs, and other black swan events. We are currently integrating multiple insurance providers to provide our users with reduced slippage and expansive coverage.
Website: shieldfinance.io
Telegram: @ShieldFinanceHQ
Twitter: @ShieldFinance
Medium: @ShieldFinanceHQ
About Blockbank
BlockBank bridges the gap and strives to provide our users with frictionless integration between traditional financial systems and CeDeFi. In short — we are bringing the full banking experience to CeDeFi. We are a user-friendly, highly functional, empowering, and future-proof tool to fulfill any of your decentralized or centralized financial needs — the all-in-one gateway to cryptocurrency. Our Robo advisor is the next generation of analytical tools, AI-powered recommendation systems, and educational materials to help our users navigate all things crypto, make sound and informed decisions.
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Website: blockbank.ai
Telegram: @BlockBankApp
Twitter: @BLOCKBANKapp
Medium: @blockbank.ai
