Nowadays, there is a clear need for leaders within the DeFi industry, and for good reason. The decentralized finance (DeFi) space has exploded in terms of popularity and usage over the last two years, and an increasing number of people believe this is only the beginning as the world grows closer to the shift to Web 3.0.
As such, many protocols could claim to be a leader in the DeFi space, and one particular choice that everyone has been paying attention to recently is that of VenomDAO.
VenomDAO is a cross-chain, DeFi protocol with fair-launched, community-driven products. There are no presales, seed rounds, or unjust allocations.
VenomDAO has played a vital role in introducing the world of DeFi to users on Harmony. The team is also constructing liquidity infrastructure for a truly multi-chain world. Most recently, VenomDAO unveiled ‘Comfy Money’, which brings added liquidity as well as new use cases to Harmony’s ecosystem. Needless to say, VenomDAO has done well for itself so far and it would appear that things are only going to improve from now on.
Ultimately, the DeFi space is so vast that there are bound to be all sorts of different, viable choices as far as potential investments are concerned. VenomDAO has managed to be impressive so far and its investors have had little to no complaints. In terms of collaborations, it has already formed a strategic DeFi partnership with OIN Finance and integration with Chainlink Price Feeds. Furthermore, the launch of ViperSwap, Comfy Money, Euphoria and CobraSwap have all taken place in less than a year, all of which bring more utility and value to VenomDAO.
Regarding future objectives, VenomDAO is focusing on developing its ‘Launchpad’, ‘Money ‘Market’, ‘Stableswap’ platform, and finally its perpetual/leverage platform.
With such a diverse range of features, products and services, it is no wonder why so many have already invested in the future of VenomDAO. If a complete DeFi experience is what’s required, then VenomDAO could very well be on its way to being one of the greats in the DeFi space.
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