Puffer Finance and Kyo Finance have joined forces to introduce a special ETH/pufETH liquidity aggregation, with the goal of increasing liquidity and generously rewarding users!
Puffer Finance, a prominent DeFi protocol dedicated to smooth staking and yield production, recently revealed its cooperation with Kyo Finance, a decentralized exchange on Soneium. This collaboration combines the capabilities of both platforms to launch a fresh ETH/pufETH liquidity aggregation. The statement was issued via Puffer Finance’s official X (previously Twitter) account, creating excitement in the DeFi world.
By integrating with Kyo Finance, Puffer Finance seeks to improve liquidity by using Kyo’s advanced intent-based batch transfer mechanism and real-time voting system. Individuals who contribute liquidity to the ETH/pufETH aggregation can receive substantial rewards, including aggregation APR, a 1.5x boost on ACS rewards, $CARROT incentives, and extra Kyo points.
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Kyo Finance is well-known for its ve-tokenomics model, which is critical in linking fragmented liquidity aggregations across multiple chains. Kyo Finance optimizes transfers and minimizes slippage by using intent-based mechanisms, allowing liquidity providers to optimize their returns. The addition of the ETH/pufETH aggregation is consistent with Puffer Finance’s goal of providing users with a lucrative and simple method to engage in decentralized finance, allowing them to earn Ethereum staking yields while preserving liquidity.
According to Puffer Finance, individuals who contribute liquidity to the ETH/pufETH aggregation will receive significant rewards. Those who want to take advantage of these incentives can simply contribute liquidity via Kyo Finance and enjoy the advantages of this exciting new cooperation.
Individuals are also able to monitor their incentives and handle their assets unlike anything seen before. Shoppers can expect to be delighted with exceptional incentive possibilities as Kyo Finance and Puffer Finance reinforce their unification.
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