Shield Finance + Kylin Network Partnership

Summary

  • Shield Finance will deploy Market Crash Protection contracts for Kylin Network. These contracts will allow the KYL token holders to buy protection against a potential crash due to market-wide sell-off. KYL token holders will have a right to sell KYL at a guaranteed price (no matter what the market price will be). More information: Market Crash Protection.
  • Kylin Network will provide price feeds for Shield Finance Market Crash Protection contracts.

About Kylin Network

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network will provide valid, reliable, secure, cost-effective, and easily-coordinated data sources and data analytics.

Contact Kylin Network:

About Shield Finance

Shield Finance is a multi-chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to hacks, exploits, rug pulls, sell-offs, and other black swan events. We are currently integrating multiple insurance providers to provide our users with reduced slippage and expansive coverage.

Website: shieldfinance.io

Telegram: @ShieldFinanceHQ

Twitter: @ShieldFinance

Medium: @ShieldFinanceHQ

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Coliquidity

Coliquidity

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With Coliquidity, you can provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP 😉