Moonfarm partners with Kyber Network and Open $stMatic and $KNC single vault farming.
We’re excited to announce that Moonfarm Finance — the first CeDeFi Yield Farming Aggregator on Multi-chain — has partnered with Kyber Network. The partnership between Kyber Network and Moonfarm is mainly based on our shared long-term vision to bring Liquidity Farming, and Liquidity Staking close to crypto investors and remove barriers to entry for newcomers in the crypto market. Therefore, this collaboration will strengthen our partnership and promote Moonfarm’s position in the blockchain network.
KyberSwap is a Decentralized Exchange (DEX) & Aggregator, the best place to swap and earn in DeFi.
Moonfarm & KyberSwap Partnership collaboration:
- Moonfarm will open 2 single token pools for Kyber Network
Moonfarm will open 2 single vaults on the Matic network: $stMatic, $KNC. Users can maximize their investment and avoid Impermanent loss by staking $stMatic, $KNC on Moonfarm pool.
This means Users can use $stMatic and $KNC and stake into Moonfarm vaults, users now can utilize their idle $stMatic and $KNC if they do not want to add liquidity in Kyber Swap.
- Giveaway for Kyber users with Moonfarm reward
Learn and earn the airdrop Co-campaign so users learn more about Kyber farm and liquid staking airdrop prize funded by $MFO.
- We intend to hold an event “Staking competition” between Moonfarm and Kyber Network in the near future
There will be a competition where anyone who stakes $stMatic and $KNC will be rewarded based on the volume they stake
👉 Follow our social media to get the latest information about this event.
KyberSwap is a Decentralized Exchange (DEX) & Aggregator, the best place to swap and earn in DeFi. KyberSwap has the best rates on 12 chains. You don’t have to check multiple platforms, even if you use 1inch, we will have the same — or better, rates and that means you always maximize your money. We don’t charge platform fees either.
Kyber Network is making KyberSwap the best place to earn on your liquidity with endless options. Our Elastic partnerships and programs are proof of this and we regularly partner with the chain foundations like Polygon, Avalanche, Arbitrum, Optimism, BTTC, directly.
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Moonfarm is a DeFi and Centralized Finance (CeFi) hybrid yield farming aggregator. It provides the best of both worlds, offering all the cost-effectiveness, easy access, transparency, and rapidity of DeFi yield farming, in addition to offering the security associated with a centralized financial ecosystem.
Moonfarm optimizes Yield Farming interest (APY/ APR) and provides users with the ability to choose what farms they want to use, or the system will automatically determine the best farming strategies using the yield optimization engine.
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