Aurus partners with Moonfarm – Earn yield on precious metals

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Moonfarm is a yield aggregator platform that offers investors a yield on their cryptocurrency holdings by facilitating single asset staking and liquidity provisions on Decentralized Exchanges (DEX’s) including Uniswap, Pancakeswap and Quickswap.

Aurus provides a Tokenization-as-a-Service (TaaS) solution to the precious metals industry.

Aurus empowers precious metals. While uncontested as stores of value, precious metals are known for being non-productive assets. Together with Moonfarm, precious metals are now yield-bearing for the first time. This partnership benefits all facets of the Aurus ecosystem, providing precious metals investors with a way to monetize their holdings, whilst facilitating organic market depth on DEX’, which increases investor confidence.

Moonfarm – Precious metals yield farming

Investing requires liquidity or deep market depth. This means being able to buy or sell a lot at a fair price at all times. This is a healthy sign in all markets, also precious metals. The Moonfarm platform encourages precious metals investors to provide liquidity to exchanges, by offering yields.

Initially, Moonfarm and Aurus will host a joint AMA session to promote the partnership cooperation of both communities Telegram channels. Following, Moonfarm platform will open a dedicated precious metals farming section and deploy 3 Aurus farming pools for Aurus, starting with AurusSILVER (AWS) tokens backed by silver, one of the most popular precious metals:

AWS/ETH
AWX/ETH
AWS single vault
MFO single vault

Staking details: All Aurus staking pools will be rewarded in AurusDeFi (AWX). AWX is a revenue-sharing token that entitles its holders to a share of the revenues generated from Aurus metal-backed tokens AWG, AWS, AWP. Invest in AurusDeFi and start earning now.

“We believe Moonfarm has a really innovative solution that will help to increase yields on precious metals and minimizes the risk of impermanent loss. CeDeFi and yield aggregation is the future and we are proud to partner with Moonfarm Finance. Providing the solution to earn yield on precious metals is a revolutionary innovation in itself. Together we will add more precious metals on-chain, as a result, bringing real-world assets and added value to all users on the Moonfarm platform.” — Jonathan Boyd, Global Institutional Markets at Aurus

“I’m really excited! I mean this collaboration is very different from the previous projects we worked on. Aurus is a representative of traditional precious metal storage companies, but using Blockchain technology is a whole new step. This also proves that the wheel of the combination between traditional finance and fintech is moving faster and faster. I am very happy and want everyone to join this event at Moonfarm Finance so as not to miss out on great opportunities.” — Frank Dang, Chief Growth Officer at Moonfarm Finance

About Aurus

Aurus is a UK fintech company that provides a range of blockchain-based solutions to the traditional precious metals industry. The company’s platform hosts a global network of precious metals providers, vaults and distributor partners that work together to tokenize their own precious metals-backed tokens: AurusGOLD, AurusSILVER and AurusPLATINUM. Each token is 1:1 allocated and redeemable for 1 gram of the respective metal, held in fully insured and audited vaults. Aurus makes gold, silver and platinum metals highly liquid, transferable and easy to store, making it the perfect way to invest in precious metals.

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About Moonfarm

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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Disclaimer: This is a sponsored post brought to you by Aurus.

The post Aurus partners with Moonfarm – Earn yield on precious metals appeared first on CryptoSlate.