Neftify Will Be Providing Liquidity on Katana

Farming $RON token for the Treasury

Ernesto Ojeda
Neftify
2 min readNov 20, 2021

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Publicación en español: Neftify proporcionará liquidez en Katana

Neftify is excited to announce that it will be using its treasury funds to provide liquidity for AXS/WETH pools on Katana. In anticipation of our transition towards community ownership as a DAO, we are positioning the Treasury as a significant stakeholder in Axie Infinity’s governance token, a large holder of WETH, and a large holder of RON, the ecosystem token for the Ronin chain.

This is to ensure that Neftify’s community is well established to make impactful decisions in all three ecosystems when it transitions over to a DAO; Ronin, Ethereum, and Axie Infinity.

The decision to provide liquidity and farm RON token was made via unanimous vote by Neftify’s community administrators and moderators. Exact figures and Treasury wallet addresses will be disclosed during the next community Progress Report.

About Neftify

Neftify is on a mission to make participation in the metaverse economy accessible to all. We do this by organizing virtual communities around yield-generating activities and creating open markets around them for anyone to partake in. For more information on Neftify, visit our website or join our community Discord. If you have any questions, shoot them over in the #lounge channel, and one of our community members will answer shortly.

Website | Twitter | Discord | Medium

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Ernesto Ojeda
Neftify

Industrial Engineer@UPRM | Co-founder@Neftify