Genius Yield Partners with FluidTokens to improve user experience on order book DEXs
Genius Yield, the community-centric Cardano DEX, is thrilled to announce the partnership with FluidTokens, the Cardano DeFi protocol that offers users a variety of non-custodial financial services.
10th of October, 2024, Zug, Switzerland: Genius Yield, the community-centric Cardano DEX, is thrilled to announce the partnership with FluidTokens, the Cardano DeFi protocol that offers users a variety of non-custodial financial services.
Built on Cardano’s EUTxO smart contracts, Genius Yield offers unparalleled security while ensuring a seamless and efficient trading experience. As a community-centric DEX, Genius Yield open-sourced selected, core elements of its DEX and gives back 20% of the collected fees to $GENS stakers.
FluidTokens provides non-custodial financial services on Cardano, allowing users to leverage their on-chain assets in a permissionless manner. Whether borrowing against assets or lending them out to earn an APR, FluidTokens enables decentralized financial autonomy for its users.
Partnership Scope:
- Enhancing the user experience on order-book DEX-s: by combining Genius Yield’s and FluidTokens’ advanced tech and in-depth Cardano experience, both partners aim to streamline and improve the user experience for trading on order-book DEXes, emulating the smooth and familiar experience seen on centralized exchanges
- Liquidity provision while retaining staking rewards: through this partnership, projects will be able to provide liquidity while maintaining their staking rewards and Catalyst voting power — an offering unique to the Cardano blockchain.
We look forward to driving innovation and providing cutting-edge solutions for the whole Cardano community through this collaboration, leveraging the combined expertise of both teams in maximizing Cardano technology. Stay tuned for more updates!
The Community DEX
At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:
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