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Formation.fi Partners with Polytrade

Formation.fi, a DeFi protocol for smart yield farming, joins the team to enable greater DeFi investment opportunities for users. As Polytrade continues to grow and contribute to “Shaping the Future of Trade Finance”, Formation.fi is glad to see new projects joining the platform everyday to support it’s mission and strengthen it’s platform.

Formation.fi allows users to reap smarter yields with its next-generation solutions, customized to the risk profile of investors. It also offers cross-chain risk parity smart farming solutions and aims at spreading awareness about smart DeFi investing.

Polytrade, on the other hand, aims to bridge the gap in receivables financing by harnessing crypto liquidity pools and bringing safe and insured assets to crypto natives.

Formation.fi & Polytrade Partnership Vision:

Speaking about the vision, Polytrade CEO & Founder Mr. Piyush Gupta said, “We are super excited to have an advanced and innovative protocol like Formation.fi joining us on our journey to reshape the future. Giving our stakeholders and lenders a platform to park their investments to make a difference to world trade and help SMEs in need is a goal that we’ve nurtured very closely since the outset.”

This alliance will mainly focus on many key the following areas:

Providing a diversified investment option for Formation – to cater to low risk high yield investment vehicle

Formation.fi gets access to real-world assets, providing protection during cyclical crypto bear markets with added protection of insurance

Unutilized funds on Polytrade to be deployed on Formation.fi for gathering APYs for lenders

Creating staking opportunities for TRADE on Formation.fi.

For Polytrade, easy access to consolidate funds and increased liquidity helps the goal of helping SMEs even more.

Quote from Edmond Truong, Formation Fi:

“We are in the process of revolutionizing investment by putting more power in the hands of users. Providing a diversified investment always minimizes risks and conserves investor capital, and at Formation.fi, it’s one of our top priorities. With this partnership, we will be able to assure our users of safe and better returns even during crypto-winters due to Polytrades’ focus on insured real world assets financing.

About Formation Fi

Formation Fi is a DeFi project that aims to take yield farming to another level by integrating the risk parity strategy first implemented by billionaire hedge fund manager Ray Dalio for stock markets. The yield farming protocol developed by Formation Fi distributes risk across multiple uncorrelated assets within the crypto space. The protocol is chain agnostic, community-oriented, and targets long-term success.

Source:Crypto Daku