PRESS RELEASE. YFDAI Finance, a prominent decentralized finance (DeFi) project has recently announced the launch of two prominent products as it works towards strengthening its position in the sector. These products include SafeSwap – a DEX (decentralized exchange) platform for the YFDAI Finance ecosystem and Launchpad – a crypto startup advisory and incubation program.
The SafeSwap DEX offers an open, transparent place for crypto projects to list their tokens and make them accessible to the global crypto community. SafeSwap is built on a fork of Uniswap, a tried and tested exchange protocol for trustless swap of ERC20 tokens, and is further reinforced by the creation and implementation of strict project evaluation and listing criteria. Apart from offering a place for swapping and trading popular cryptocurrencies, SafeSwap’s operations are designed to work in tandem with various other YFDAI Finance products and services including the newly launched YFDAI Launchpad.
The YFDAI Launchpad is an incubator program devised to help crypto project ideas and startups realize their goals. Startups selected to be on the platform will receive guidance and development services from YFDAI’s team of experts as well as other partner organizations, which includes the likes of Foundry Incubator, Ferrum Network and Blockchain Consilium.
The platform also provides projects that are part of the Launchpad program with support for crowd-based fundraising through its partnership with DuckDAO decentralized fundraisers, as well as locked smart contracts created for Uniswap and its own newly launched SafeSwap DEX.
“For far too long buyers of tokens have been left with no protection, it’s time for change. The YFDAI Launchpad allows projects to gain a seal of approval that will stand out and give investors confidence to invest in the next big DeFi project.” – Pritha Paul, YFDAI CSO
With the first two products now out in the open, YFDAI Finance continues to work on new DeFi products and services including an e-commerce platform, debit cards, a centralized exchange, fiat-to-crypto on/off ramps and trading bots.
About YFDAI Finance
YFDAI Finance is a DeFi ecosystem focused on four key values: accessibility, security, intuitive governance, and a trustless protocol. With YFDAI, users anywhere can access a suite of DeFi services including farming, lending, borrowing and staking.
Learn more about YFDAI Finance at – https://yfdai.finance/
Follow YFDAI Finance on Twitter at – https://twitter.com/YfdaiF
Join the YFDAI Finance community on Telegram at – https://twitter.com/YfdaiF
Read more about YFDAI Finance on Medium at – https://yfdaifinance.medium.com/
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