BonFi Announces Partnership with Leadwallet.io (LEAD)

Releasing a new BNF-LEAD multi-yield pool on BSC and bringing an user-friendly crypto wallet and DeFi access to the community

DeFi is an ever-evolving industry that grows from innovation and new ways to improve existing solutions. With the rapid developments in DeFi, any project needs to identify and act on disruptive technology quickly and efficiently. Therefore, BonFi has partnered with LEAD Wallet ($LEAD), a multifunctional multi-cryptocurrency wallet, giving users access to DeFi through an built-in Web3 browser. The LEAD Wallet disrupts users’ engagement with DeFi and self custody over their assets.

Partnership Parameters & LEAD Wallet Integration

The partnership between $BNF and $LEAD aims to bring additional utility to both ecosystems and accelerate innovation. We will launch a new exclusive multi-yield pool ($BNF/$LEAD) on the Binance Smart Chain (BSC) to expand the DeFi further staking offering on the BonFi platform.

LEAD Wallet will integrate the $BNF token (ETH & BSC) in their wallet application to give users a streamlined gateway to DeFi through the Web3 Browser.

BNF-LEAD Multi-Yield Pool Launch Details

The BNF-LEAD Multi-Yield Pool details for the upcoming release will have the following configuration:

  • Fixed staking duration: 30 days
  • APY: 130%
  • APY payout ratio: 50% LEAD, 50% BNF
  • Total pool size: 50,000,000 $BNF and 25,000,000 $LEAD
  • Maximum staking amount per participant: 2,000,000 $BNF and 1,000,000 $LEAD
  • Blockchain: BSC — BEP20

The launch details of this new multi-yield pool will be released in a following announcement

Ecosystem growth

As the BonFi team works on ever-expanding the platform utility and offering, it is no surprise that the BonFi ecosystem has attracted unique projects to transform DeFi. With LEAD joining the ecosystem, we plan to leverage synergies that drive the adoption of both $BNF and $LEAD.

About LEAD

LEAD wallet is a multifunctional multi-cryptocurrency wallet that gives users access to DeFi through an inbuilt web3 browser. Users can also perform swaps and multi-send assets and swap from crypto to fiat within the wallet. Here below is an overview of the LEAD ecosystem:

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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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