Verso Finance to be the first to Integrate Pera Swap Farming
Verso Finance is the first project to integrate Pera Swap Farming to elevate your DeFi experience and yield rewards.
Dear Pera Family,
Today, we are excited to announce our partnership with Verso Finance to demonstrate the influence of our tools on boosting on-chain trading volume. Forming this partnership will aid in closing the gap between TradFi and DeFi to ensure a better user experience and sustainability.
Seemingly, the DeFi space lacks some of the opportunities TradFi has to offer, and Verso being one of the pioneering protocols working to bridge the gap in between has decided to join our journey.
Before we go any further, we need to mention what Verso does.
What does Verso Finance offer?
Verso allows financial product providers to provide DeFi users with secure and effortless transactions using cryptocurrencies rather than Fiat currencies and costly intermediary agencies. Verso also gives DeFi product providers access to the wide TradFi user bases.Verso offers DeFi users the option to use various financial products within their native marketplace dApp directly through their wallets.
As Verso’s adoption increases and partnerships are formed, provided services will vary, but for now, Verso offers to book flexible flights and hotel insurance through their app. Additional financial services such as car insurance services and utility payments will be available in the future.
In short, Verso fills the gap between service providers, financial institutions and customers to manage product-specific money and crypto assets among them.
About Partnership
Verso Finance is the first project to integrate Pera’s fully decentralized and customizable volume-boosting tools into their selected liquidity pools.
To begin with, Verso will offer the VSO/AVAX traders an opportunity to earn as they trade with Pera Swap Farming.
Trade to Earn
Incentives are a proven method to make users perform a given set of work, whether it is used to bootstrap liquidity or to incentivize the generation of the trading volume. But, as mentioned earlier, DeFi protocols lack some of the strong suits TradFi offers, liquidity, and trading volume. DeFi protocols require external tools to sustain their platforms.
Pera is the first one in Avalanche to offer fully decentralized volume-boosting tools, and is hereto;
- Offer APR to traders proportionate to their contribution,
- Offer cash backs to selected liquidity pools,
- Mimic zero-fee pools by refunding traders their service fees and allowing them to swap to their heart’s content.
And give users a chance to earn as they trade.
All you need to do is swap between the pair, generate trading volume, and yield rewards in proportion to your contributions.
About Verso Finance
Verso is built for the regulated financial service industry and bridges the gap between traditional finance (TradFi) and DeFi by standardizing how financial products get distributed and connected to consumers via e-wallets, banks, and e-commerce platforms.
About Pera Finance
Pera Finance is the first DEX optimizer designed to secure and boost long-term trading volume, improving the capital efficiency for the entire DeFi space. Pera Finance is a service provider offering decentralized trading competitions with customizable parameters and adjustable swap farming tools to manage protocols’ liquidity. Pera Finance aims to become DeFi’s most sustainable protocol by introducing innovative volume-boosting tools to the DeFi space and improving the user experience.
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