Through this partnership with Kyber Network, Poolz aims to accelerate the growth of all projects integrating and using KyberSwap by introducing a grant program. New projects launched through Poolz Finance can immediately provide liquidity for its tokens in an efficient manner on KyberSwap.
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This is another step in the long milestone of Poolz to its position as the most advanced DeFi's go-to fundraising platform and token launchpad.
"Since the onset of Poolz Finance, our goal has been to transform fundraising in DeFi and foster the rapid growth of innovative projects," says the team at Poolz Finance. "The partnership with Kyber Network plays right into this vision of ours. We believe we could be at the helm of the development of multiple cutting-edge DeFi projects along with Kyber Network, and solidify our position as DeFi's ace launchpad."
The key points behind this partnership are:
- Poolz Finance aims to have multiple top-tier mutual investments with Kyber Network on the platform.
- Projects using KyberSwap can now apply for grants from Poolz Finance and Kyber Network. $1 million from Poolz's venture arm, Poolz Ventures, is invested into this most ambitious projects being built on Kyber Network.
- Projects will have the opportunity to apply for mutual IDOs on Poolz Finance and KrystalGO (a mutual IDO partner).
KyberSwap (Kyber's flagship product) is a DEX aggregator and liquidity protocol that gives traders the best rates on Ethereum, Polygon, BSC, Avalanche, Fantom, Cronos, and other networks. The liquidity on this protocol is sourced from multiple DEX and liquidity protocols, including KyberSwap's own pools.
"KyberSwap's goal is to be the best chain agnostic Dex. The end goal is to provide the best experience, efficiency, speed and security to users. Identifying, backing and launching the next generation of DeFi giants together...