Plethori have finalized an exciting new partnership agreement with DeFi Trading and Launchpad Project, Cyberfi.
Although Cyberfi operate on Ethereum mainnet, their services facilitate cross-chain operability for the variety of features supplied through their platforms. Cyberfi are not simply your average DEX. The project has developed a unique trading system, an automation system (which offers staking and farming related products), as well as a complex multi chain system that will enables user to take part in events occurring in alternative blockchains. Cyberfi’s flagship product however, came with the creation of their Samurai Launchpad.
The Samurai Launchpad offers a host of benefits to projects who elect to use it for their token launch. Not only do they offer a cross chain crowd-funding launchpad with the added utility of enabling Layer 2 launches, but they also boast one of the only launch pads with a dedicated “Stake Pad”. Samurai’s “Stake Pad” provides hassle-free staking and liquidity farming platforms to the projects launching via their system, allowing the projects to provide their communities with an almost immediate ability to begin earning a passive income.
The new partnership benefit to Cyberfi will be the creation of a dedicated Samurai-project ETF. This not only only further incentivises projects to launch through the Samurai Launchpad (due to the publicity received through inclusion in ETFs), but also creates awareness of the launchpad amongst all Plethori platform users.
The development of a dedicated Samurai ETF will of course also benefit Plethori’s community. It will provide investors with the opportunity to purchase a selection of top tier project tokens with a single transaction. Additionally, Samurai will provide support for Plethori’s developments leading up to their project launch this Quarter, as well as assist Plethori in strengthening ties to top tier, early stage projects, with the prospect of then including them in their ETFs.
Plethori is a Cryptocurrency ETF Investment Platform that allows open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The platform offers decentralized cross-chain investment for exchange-traded funds built on the Ethereum and Polkadot blockchains. This service will allow investors to deposit capital and invest in a wide range of ETFs enabling investment into entire cryptocurrency industries such as insurance, oracles, NFTs, Derivatives, Polkadot ecosystem projects and many more.