TomoChain and Defily Finance to further accelerate cross-chain in DeFi
August 24, 2021 — TomoChain is super thrilled to present Defily Finance, the first ever cross-chain DeFi project on KardiaChain focusing on staking and yield farming, as our new partner. TomoChain is eager to conquer the new trend of GameFi alongside this new blockchain Dragon.
Through this strategic partnership, Defily will be integrating its applications on TomoChain’s public blockchain network. TomoChain’s EVM compatibility, super high speed and low fee can become an advantage for Defily to create a smooth blockchain experience for their users. TomoChain will make sure to provide Defily with the necessary technical support to ensure a secure network integration progress. In addition, TomoChain and Defily will participate in co-marketing campaigns to expand networks within the blockchain space and build a strong mutual community.
In the near future, Defily has plans to develop DeFi products using LuaSwap’s liquidity and applying LUA LP token in their farming and vault autofarm. This integration will encourage liquidity providers (LP) to stake in Defily’s high liquidity pools and earn more profit.
About TomoChain Lab
TomoChain is a scalable blockchain-powered via Proof-of-Stake voting consensus and used commercially by companies globally.
TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits. TomoChain’s technology and DeFi-focused flagship products include:
- Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatibility.
- An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform.
Learn more about Tomochain by visiting the TomoChain Lab Website, Twitter, Telegram or Medium.
About Defily Finance
Defily is the first ever cross-chain Decentralized Finance project on KardiaChain. Defily focuses on accelerating DeFi across multiple blockchains that offer an opportunity for everyone to stake, yield farm, invest and earn in a friendly way.
