Shield Finance + UniFarm Partnership
Shield Finance will deploy Market Crash Protection contracts for UniFarm + UniFarm will add $SHLD token to it's next cohort
- Shield Finance will deploy Market Crash Protection contracts for UniFarm. These contracts will allow the $UFARM token holders to buy protection against a potential crash due to market-wide sell-off. $UFARM token holders will have a right to sell $UFARM at a guaranteed price (no matter what the market price will be). More information: Market Crash Protection.
- UniFarm will place a link to Market Crash Protection contracts for $UFARM on their website and add the $SHLD token to it's next cohort.
Denis Gorbachev, CEO of Shield Finance, said: "We’re excited to provide Market Crash Protection for $UFARM token holders. We believe that the UniFarm project provides great mechanics for decentralized farming, and we want to make sure that $UFARM holders are protected from downside volatility. We look forward to further collaborations with UniFarm in future.”
Tarusha Mittal, Co-Founder at UniFarm, said: “Shield Finance is an extremely promising DeFi Insurance Aggregator, and we are happy to join hands with the team to make sure we’re building the future of DeFi together. Shield Finance’s Market Crash Protection will stimulate further long-term network activity on UniFarm."
UniFarm is a one of a kind staking solution where the best projects in DeFi space come together to provide value to investors. UniFarm allows you to stake one token but earn multiple high-value tokens, so in addition to a great APY, your returns are automatically diversified as well.
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.