yield.vote has been successfully integrated into the iTrust.finance DAO
We’re absolutely thrilled that iTrust.finance, the risk-managed staking protocol within DeFi insurance, have launched their Blue Lagoon Partner Pool - making them our first strategic partner to integrate the yield.vote dApp.
The BLPP is a single-sided $ITG-only staking pool, which contains a number of benefits:
- No impermanent loss, due to the pool being $ITG only
- 50% Starting APY (Actual yield 24.931% after 6 months)
- Bonus share of 500,000 $FVT distributed among stakers
The pool closes on 24/12/2021 — so if you leave your tokens in the pool for the full 6 months, you will realise a yield of 24.931%. The earlier you stake your tokens, the more interest you will accrue.
To take part in the BLPP, just head to: https://yielddotvote.eth.link/#/pool/itg-blue-lagoon.
What’s in a name?
Initially dubbed the “Reef Pool”, our friends at iTrust.finance decided to rename their genesis staking pool the “Blue Lagoon Partner Pool” in recognition of the efforts of our star CTO based in Bali. Chris proved very helpful to iTrust.finance during their token launch, resolving a mistake in SushiSwap’s Miso smart contract within 2 hours of it being identified, so it was in his honour that they named the pool ‘Blue Lagoon’ after Bali’s most famous diving spot!
What’s next for the iTrust.finance x finance.vote partnership
This is only the beginning of our long-term partnership with the iTrust.finance team, and even though we’ve collaborated on so much up to this point and have accomplished a great deal together, this is very much the tip of the iceberg.
Next week we’ll be working together on the launch of their next staking pool, which will also distribute FVT rewards, and further down the line we’ll be extending the integration of the finance.vote dApp suite into the iTrust.finance DAO with the launch of prediction markets, the Vault Strategy Discovery Fund, and many more products.
Read more about the partnership here
We want to thank our friends at iTrust.finance for the collaborative and innovative opportunities which this partnership has afforded us so far, and we look forward to many more months and years working closely together.
iTrust.finance is the friction reducing, yield enhancing, capital allocation provider within DeFi insurance.
iTrust.finance allows users to stake into DeFi insurance protocols, and earn rewards whilst also building cover capacity for the underlying insurance protocol.
On launch, iTrust’s unique application will offer a host of yield-maximising staking options for Nexus Mutual ($NXM) holders and crucially, wrapped Nexus Mutual ($wNXM) token holders alike. With other insurance protocols to follow.
A community-driven DAO, iTrust.finance will provide network rewards to its own staking participants in the form of our governance token $ITG.
Telegram Announcements: https://t.me/iTrustOfficialAnnouncements
finance.vote is a decentralised organisation that creates governance dApps for DAOs. They specialise in quadratic voting technology and price discovery, with a prediction market, a decentralised auction house and a suite of gassless multi-chain voting tools designed to upgrade governance across the DeFi space.
The finance.vote dApp suite is the decision making tool kit for the future of decentralised finance. It is governed by FVT holders, who control our roadmap, monetary policy and the funding of the platform.
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