Bonded Is Partnering With Dfyn!
We’re excited to announce our partnership with Dfyn! With this partnership, DFYN and Router Protocol’s tokens will be added as collateral types to our Primary Lending Facility. This will allow users to take out stablecoin loans and leverage their positions in the DFYN and ROUTE tokens without having to sacrifice their positions.
What is Bonded Finance?
Bonded Finance is an all-inclusive DeFi solution for altcoin holders. Our mission is to create innovative financial tools that empower everyone to invest like a professional. The Bonded Finance platform will be more than a simple lending and borrowing platform: It will help both individual investors and projects lock tokens, mint stablecoins, gain exposure, access capital, and more. Bonded has already assembled a group of powerful partners, including LINK, MATIC, EGLD, UNN, REN, and numerous others, to be used as collateral types on the platform.
For more information on Bonded Finance, visit our website.
What is Dfyn?
Dfyn is a multi-chain AMM DEX which is building an interconnected AMM with nodes spread on different blockchains and those AMMs will be able to share liquidity and enable cross-chain swaps. Dfyn is a true multi-chain AMM optimized for the cross-chain universe. Polygon instance deployed of Dfyn is a gasless exchange where users have to just sign the transactions and none of the fees is passed to users.
With Dfyn nodes spread across multiple Layer 1 and Layer 2 blockchains, Dfyn will act as a multi-chain DEX. This will allow Dfyn to plug into a liquidity super-mesh, enabling users to perform their asset trades seamlessly on several blockchains from a single interface. Dfyn will also build a decentralized swap station to swap large assets natively like BTC, ETH, ADA in a non-custodial way.
An ultra-fast gasless AMM optimized for the multi-blockchain universe, Dfyn AMM will address traditional AMM DEX issues, such as impermanent loss, as well as provide enhanced trader analytics.