SingularityDAO is happy to announce yet another way of participating in our DeFi ecosystem.
We have teamed up with UniFarm, a unique DeFi company that offers yield-farming campaigns involving multiple tokens batched together into Cohorts. Users who stake any one of the tokens in a particular Cohort earn yield consisting of all the tokens in that cohort.
SDAO will be included in Unifarm’s ‘Cohort 15’, which goes live on Ethereum on Tuesday June 29, at 13:30 UTC. Users will be able to farm four tokens including SDAO (plus NUX, GAINS, and UFARM) for a 90-day period starting then.
This represents another step in the development of our DeFi ecosystem, giving users a new way to earn SDAO tokens, and drawing Unifarm’s community into the SDAO family, connecting SDAO to more markets, giving the token greater liquidity and utility.
The 90-day pool does not feature any obligatory lock-in; you can withdraw your tokens at any time with the yield you’ve farmed up until that point, but please be aware that the longer you leave your stake in, the more yield you stand to earn.
Full details on how to participate can be found at OroPocket’s tutorial here or get help on how to participate on Unifarm’s Telegram.
We are pleased at the rapid adoption of SDAO since launch, and at this new way to help strengthen SingularityDAO by spreading governance across new groups, including the communities around the other tokens in the Cohort. The distribution of SDAO to these communities will help encourage active secondary SDAO markets, promoting the financial health of our token-economy.
About SingularityDAO
SingularityDAO is a decentralized platform, governed by the SDAO token, tasked with governing DynaSets. DynaSets are diversified baskets of cryptocurrency assets dynamically managed by AI and curated by the protocol. SingularityDAO brings the financial sophistication of AI-managed funds to DeFi, deploying SingularityNET’s AI technology to navigate complex markets.
To learn more, visit SingularityDAO.AI and follow us on Twitter, Facebook, and Telegram!
