BonFi x Coreto Multi Yield

BonFi & Coreto will launch an exclusive Coreto ($COR) x BonFi ($BNF) Multi Yield Pool.

This new DeFi offering is an exciting way to earn rewards and brings the BonFi and Coreto communities together in their pursuit of expanding token utility for mutual benefit.

Multi-Yield Pools Use-case

A critical use case of multi-yield pools is slowly building exposure towards an asset (or multiple assets) that previously was impossible to yield farm. Rather than paying excessive amounts in trading fees and gas fees, users can cost-efficiently build exposure to a new asset in small increments. You will be able to diversify your portfolio with new cryptos and reduce portfolio risk and maximize potential yield rewards.

BNF-COR Dual-Yield Pool Launch Details

The BNF-COR Multi-Yield Pool will publicly launch on December 2 with the following configuration:

• Fixed staking duration: 30 days
• APY: 130%
• APY payout ratio: 50% COR, 50% BNF
• Total pool size: 50,000,000 $BNF and 6,500,000 $COR
• Maximum staking amount per participant: 2,000,000 $BNF and 261,000 $COR
• Blockchain: BSC — BEP20

Token Contract Addresses

• $BNF — BEP20: 0xca14caf9e8dd2793e7010fc48dfe6c6af8445136
• $COR — BEP20: 0x03042482d64577a7bdb282260e2ea4c8a89c064b

About Coreto

Coreto uses blockchain technology’s immutability and transparency properties to build a reputation-based research hub that links investors, influencers, mentors, and project teams. All based on a comprehensive Trust and Performance system. The elementary goal of the platform is to create a secure environment with verified information, helping the retail investor make better-informed decisions.

About BonFi

BonFi is a multilayered open finance liquidity mining service platform complemented by the AI-powered BonVest, a professional cryptocurrency liquidity mining solution. It expands the DeFi financial product offering by combining smart contract staking and a managed cryptocurrency liquidity pool to achieve sustainable benefits for users.

INFO

https://medium.com/bonfiorg/bonfi-x-coreto-multi-yield-launches-on-december-2-a0e6e2dc3ca6

Source: https://thebittimes.com/bonfi-x-coreto-multi-yield-tbt7361.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam

Category: DeFI News

Post by: TheBitTimes.com