YDragon x Penguin Finance
The YDragon protocol teams up with Avalanche network based all-round DeFi powerhouse, Penguin Finance
The YDragon partnership train is at full speed at the moment! Today, we announce our fourth Avalanche based partner of the month, this time in the form of network-leading, multi-faceted defi suite, Penguin Finance.
The team here at YDragon HQ are extremely excited about this latest collaboration for two reasons. Firstly, it represents our next step into the incredibly fast growing Avalanche blockchain. Additionally, it happens to be with one of the most well-rounded, innovative and popular DeFi protocols on the network.
The Partnership in a Nutshell
Given Penguin’s excellent position as a leading, innovative and diverse hub of dApps within the Avalanche ecosystem, we’re looking forward to potentially including the PEFI token in the upcoming YDragon Avalanche Index.
Furthermore, you will see a number of promotional opportunities across both communities, including AMAs, Twitter collaborations and potentially much more.
Last but certainly not least, this partnership creates opportunities for future collaboration in a number of ways, with both sides offering native passive-income avenues within our respective platforms. Nothing has been confirmed on this front as yet, but we are excited to see where this can lead!
About Penguin Finance
Penguin Finance is a DeFi protocol containing a wide array of decentralised applications on the Avalanche network, created as a solution to both the high-technicality requirements and exclusion due to high gas fees.
Penguin provides a clean, smooth user experience, and as of now offers yield-farming, staking, and the fun-to-play Emperor Penguin game, to provide a nice selection of both earning opportunities and utility to its native token, PEFI.
PEFI is the native token and centrepiece of the Penguin Finance ecosystem, and offers utility in a number of ways including yield-farming, staking, fee collection and future Penguin DAO governance.
Due to offering low gas fees, fast transactions and high levels of decentralisation, it is becoming more and more attractive for DeFi users and the popularity of Penguin Finance is growing almost by the day.
About YDragon
YDragon is a crypto index platform offering you a range of opportunities to own a diverse selection of the best performing and most promising cryptocurrencies with a single token. Armed with market-leading cross-chain capabilities and yield-generation opportunities, YDragon offers you a seamless, cross-chain, multi-asset experience.
Not only do investors gain diversified exposure to the best and brightest of what’s available on a selection of blockchains, they have the added luxury of benefiting from the most trusted and lucrative yield farming protocols around, ensuring optimum passive-income on your investment.
The YDragon protocol is actively working on expansion into multiple blockchains and ecosystems, to give our investors expertly selected exposure to as many diversified investment and passive-income opportunities as possible.
Buy YDR here
Contract Address: 0x3757232b55e60da4a8793183ac030cfce4c3865d
If you’re curious about the listing and performance and would like to take a look at the charts, this should make life easier for you. You can find the BSC chart here and the ETH chart here.
Find out more about YDragon on our website.
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