iZUMi Finance Partners with Core to Boost Bitcoin DeFi Capabilities
iZUMi Finance, a prominent DeFi protocol known for its One-Stop Liquidity as a Service (LaaS) across multiple blockchains, has integrated with Core. This collaboration aims to provide Core users with efficient, secure liquidity services and enhance their decentralized finance experience.
The most recent addition to the Core ecosystem is iZUMi Finance (@izumi_Finance), which is set to enhance BTCfi.
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— Core DAO (@Coredao_Org) July 3, 2024
Core Users Gain Access to iZUMi Finance’s DeFi Services
iZUMi Finance distinguishes itself from other DeFi platforms by offering a range of services to boost liquidity. With the integration into Core, iZUMi Finance will extend its services to the Core community, enabling users to participate in decentralized finance. Features of this integration include trading on the primary iZiSwap network, which is connected to Core’s mainnet.
Within the iZUMi Finance ecosystem, users can perform various actions such as token exchange and liquidity provision, allowing them to earn fees and rewards. This integration enhances capital yield, offering users the potential to maximize their investment returns.
The benefits for Core users are significant. They can now earn from providing liquidity to iZUMi Finance pools and receive associated fees and rewards. This integration simplifies engagement for Core users and participants within the DeFi ecosystem.
Core and iZUMi Finance Collaborate for Secure DeFi Solutions
This partnership marks a significant step forward in expanding the Bitcoin DeFi space on Core. Core continues to grow its ecosystem through this collaboration with iZUMi Finance, offering users a secure and efficient way to enhance their financial journey.
As part of this collaboration, iZUMi Finance introduces its LaaS model to Core, a Bitcoin-based and EVM-compatible blockchain solution. This contribution is pivotal in the evolution of DeFi. Core’s announcement of the first non-custodial BTC staking protocol and the yield-bearing BTC ETP with Valour showcases the company’s dedication to developing innovative financial applications in the blockchain sector.
Ultimately, this integration solidifies Core’s position as a leading blockchain platform in the industry and underscores its commitment to the continuous growth and enhancement of decentralized finance for its users.