Gather Starts New Partnership with YFDAI Finance : A Community-centric DeFi Project Offering Next Gen Financial Products
Posted by admin on April 27, 2021
Gather is extremely excited to join forces with YFDAI Finance, a community-centric DeFi project aiming to serve as a catalyst for the mass adoption of next generation financial products, bridging the worlds of traditional finance and decentralized networks.
Gather has built a marketplace based platform that allows publishers to monetize content without or fewer ads, and provides businesses and developers access to affordable and reliable processing power through Gather Cloud.
YFDAI Finance will integrate Gather to their DEX, SafeSwap, their broader DeFi platform to generate additional revenue from web and dApp visitors by taking their expressed permission to share processing power. The revenues scale with the time spent on the platform. YFDAI’s native token, $YF-DAI, will be added as a payout option for Gather Online, providing exposure for YFDAI Finance by introducing it to first-time crypto users via Gather’s global network of publishers (all websites and applications that will be using Gather). This will also allow YFDAI to further reward their community in $YF-DAI enabled through Gather’s loyalty program.
$GTH will also be listing on YFDAI’s DEX, SafeSwap.
Gather, once integrated with YFDAI, will expand its reach by introducing Gather to YFDAI’s large DeFi network, whilst expanding Gather Cloud with more processing power.
On the new partnership, Reggie Jerath, Gather Founder & CEO said:
“By forming this new lucrative partnership with YFDAI, we’re carrying our core product to next gen DeFi platforms. We are at the center of the DeFi explosion right now, creating a fairer & more decentralized business model together with long term adoption written all over it.”
YFDAI’s COO, Simon Bogdanowicz, added:
“We’re very excited about our collaboration with Gather. Through Gather’s core product, we will create additional value flow for our users, while rewarding them with our native token $YF-DAI whilst simultaneously capturing new audiences & acting together as a catalyst for the mass adoption of DeFi products.”
About YFDAI Finance
YFDAI Finance’s mission is to lead the evolution of DeFi by providing a comprehensive suite of decentralized financial products while offering the safest and most secure environment in the industry. With YFDAI, services such as staking, farming, borrowing, lending, and insurance can be accessed in one universal and complete platform. Users and funds are safe and secure thanks to audited smart contracts, locked tokens, and YFDAI’s transparent practices. YFDAI aims to democratize finance and serve as a catalyst for mass adoption of the next generation of financial products. YFDAI has a deflationary token system that will ultimately reduce the YF-DAI token supply to just 13,950 tokens.
For more information, visit https://yfdai.finance
Gather has developed a powerful new technology that allows web and mobile developers to earn money by contributing processing power , unlike any other digital monetization tool available today. Imagine an Internet where web and application developers can generate revenue without having to rely on intrusive Ads. A new revenue stream without ads, and one that is reliable and rewarding. The processing power gathered will then be redistributed, providing a cheaper alternative to current Cloud markets products. Gather is unlocking a new type of business model for the internet by allowing publishers to monetize without ads and by providing businesses & developers access to affordable and reliable processing power.
For more information, visit https://gather.network.