Value DeFi x bEarn Fi (Next Level Strategic Partnership)
Since its launch on November 24 2020, bEarn Fi has always demonstrated to be a great partner for the on-going growth of the Value DeFi ecosystem. The two projects joined forces early one and they accomplished important milestones together; one of which being the creation of one of the most lucrative vFarms (BFI on Ethereum blockchain) with the highest APY to date on the Value DeFi platform.
Due to the rising cost of ETH gas fees and the rising demand from our community, the Value DeFi recently expanded to Binance Smart Chain (BSC) and launched their first deflationary token on the network; vBSWAP. We believe this expansion is a great opportunity to move our partnership to the next level
bEarn Fi will be collaborating with Value DeFi on multiple levels and both teams will commit to develop and allocate resources & new techniques to strengthen the existing collaboration:
- bEarn Fi will provide $1,000,000 in liquidity to the BDO-vBSWAP 70/30 pool for users to experience new trading options. This pool will be incentivized with vBSWAP on vFarm for at least 12 months after the TVL requirement is reached
- bEarn Fi will work with Value DeFi on building vLott (Lottery), BDO & BFI and vBSWAP will be accepted as payment options to buy tickets. A 0.69% incentive fee from vLott will be distributed to BFI’s stakers (bStake) while a 0.6% incentive fee will be used to buyback vBSWAP and burn.
- The two teams will join their development resources to work further on vLend, a specialized lending platform focused on algorithmic stable coins and synthetic assets on Binance Smart Chain (BSC) first, and later will come to other chains as well. More details to be announced.
- vPegSwap pool (with sBDO and vBSWAP reward) will accept BDO as one of the native stablecoin besides BUSD, DAI, USDC, and USDT. The integration will enable BDO holders to access a pool with sufficient liquidity to help BDO stable around the $1 peg.
- Introduction of NFTs that will grant vBSWAP/BDO holders access to VIP pools. Mechanism: vBSWAP/BDO stakers will get exclusive NFTs and these NFTs will be used as the early entry ticket to stake to VIP pools with high APY on the Value DeFi platform.
- Through this partnership, BDO holders will be able to use Value DeFi’s exchange (vSwap) to trade their tokens at reduced fees in comparison to other DEXs on BSC.
- Additionally, Value DeFi will be the first project to join bEarn Fi’s bLaunch (TBA) by donating 30 vBSWAP tokens as the 3rd reward in bVaults (distribution period: 30 days) and hosting another AMA with bEarn Fi later this month.
About Value DeFi
The Value DeFi platform is a suite of products that aim to bring fairness, true value, and innovation to Decentralized Finance. Their flagship products include vSwap, an automated market-maker built on Ethereum and Binance Smart Chain that allows anyone to create trading pools with flexible ratio pairs, add liquidity, and earn trading fees, and vSafe, state-of-the-art multi-strategy yield-optimizers that allow unprecedented composability and flexibility of LP assets to maximize returns.
About Bearn Fi
Bearn Fi is a cross-chain product in Decentralized Finance (DeFi) that at its core provides yield generation (bVaults), gaming aggregation, algorithmic stablecoin (bDollar), Lottery, cross-chain bridge, treasury, and governance on multi-chain: Binance Smart Chain (BSC) and Ethereum blockchain.
The protocol is developed by various independent factors within the cryptocurrency space. Management of the protocol is governed by BFI and BFIE (BFI token on Ethereum blockchain) holders.