CrescoFin is a regulated Swiss banking alternative. They offer their customers an insured, interest-bearing product in fiat (with crypto to come) that has better rates than customers could find at traditional financial institutions.
$CRES — CrescoFin’s native token — is matched 1:1 with shares in their company, and these tokens have full voting and dividend rights protected by Swiss law. The wrapped version, $wCRES, can be freely exchanged by anyone, just like a share certificate traded on an exchange.
In order to incentivize liquidity of $wCRES, the CrescoFin team is launching a Geyser today, March 8th, which will reward liquidity providers of the wCRES/ETH pair on Uniswap with 25,000 $wCRES over 4 months. There will be a 4x multiplier over that time as well. If you’re interested in participating, please see the CrescoFin Geyser here, and for more information you can find their website here and their Twitter account here.
“At CrescoFin, we know very well that our most valuable asset is our community. We’ve chosen to use the GYSR platform for our liquidity mining program because it allows us to reward this community with significant amounts of $wCRES, especially those who are aligned with us for the long haul. We are thankful for how responsive the GYSR team has been in helping us make this a reality.”
-Derek Mayne, Managing Director and Co-Founder, CrescoFin
Disclaimer: GYSR is not associated with any of the projects we profile in our spotlight series and these posts should not be seen as endorsements. We encourage readers to do their own research.
