BonFi Announces a Strategic Joint-Venture Partnership with Katalyo

A partnership between BNF and KTLYO that is set to revolutionize the landscape for DeFi rewards

We are incredibly enthusiastic to announce a strategic joint-venture partnership with Katalyo $KTLYO. This partnership is set to disrupt various sectors in the DeFi space and includes joint-venture initiatives bound to revolutionize the future landscape of DeFi.

The joint-venture between BNF and KTLYO directly results from the incredible network effect of NULS’ SCO Platform and Proof of Credit Mining (POCM) initiative. The NULS team helped facilitate the connection between BNF and KTLYO as part of their network of 30+ strategic partners. It allowed both teams to quickly find common ground and focus on what they do best to innovate.

NULS SCO Platfrom

Joint-Venture Partnership: BNF x KTLYO

What does a joint-venture partnership mean for our respective communities? The answer is simple: More innovation, better products, and greater exposure!

Katalyo is a comprehensive no-code ecosystem that gives its users access to build and deploy web 3.0 applications within IoT, AI, and blockchain technologies. A big emphasis for KTLYO is to facilitate the rapid creation of intelligent and cost-effective DeFi applications that are deployable cross-chain. Its platform also has complete functionality for NFT-related tasks, including NFT Marketplaces, NFT token creation, etc.

Our joint-venture partnership will kick off with launching an innovative DeFi staking product that will yield double rewards for participating token holders. Not only will users have the unique opportunity to earn $BNF and $KTLYO tokens, but also we will integrate this new offering into our BonVest. Further details about dual token APY will be announced closer to the release date.

Besides the joint-staking initiative, we will embark on a long-term collaboration to launch new value-adding products. A long-term goal of ours is to explore the integration of DeFi services with NFTs. NFT technology offers a myriad of possibilities to expand the current DeFi landscape. Finally, we intend to cooperate on cross-platform integrations, the launch of new DeFi products, and others.

About Katalyo (KTLYO)

Katalyo’s vision is to build a comprehensive no-code ecosystem that empowers people and organizations with access to bleeding-edge technology and to build web 3.0 applications without writing a single line of code.

Smarter, faster, and cheaper way to automate operations and build DeFi without writing a single line of code. Key Benefits and Features of the platform:

  1. No-code
  2. Cross-chain capabilities
  3. Seamless transfer via Katalyo bridge
  4. Cross-chain liquidity
  5. Full functionality for NFT-related tasks: token creation, marketplace and etc.

About BonFi

BonFi is a multilayered open finance liquidity mining service platform complemented by the AI-powered BonVest, a professional cryptocurrency liquidity mining solution. It expands the DeFi financial product offering by combining smart contract staking and a managed cryptocurrency liquidity pool to achieve sustainable benefits for users.

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BonFi is a multilayered open finance liquidity mining platform complemented by the AI-powered BonVest, a diversified liquidity pool giving users exposure to a basket of underlying crypto assets.

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