Chee FinanceGovernance Finance
Chee Finance is the first protocol to accept veNFT as collateral and lend cheeGT in exchange. Each cheeGT will be pegged to the GT (Governance Token) locked in veNFT in a 1:1 ratio. As a result, users can obtain short-term liquidity by using their governance tokens, such as veNFTs, through Chee Finance's governance finance feature. This Vote-escrowed NFT (veNFT) complies with ERC721 and is intended to fully represent governance rights within DeFi protocols, such as voting, boosting, and ...
Chee FinanceChee Finance Announcement on Creating a Mobile-Friendly Money Market
Chee Finance Mobile-FriendlyChee Finance’s major objective is to offer an easy-to-use loan protocol. Furthermore, as Celo is on a mission to make DeFi available to all smartphone users worldwide, the Chee Finance team opted to incorporate the new mobile UI design into the production, in order to fulfill such important goals. Thanks to Chee Finance, users can lend or borrow more easily and quickly, no matter where they are. Here is a straightforward tutorial to tell you how to try Chee Finance...
Chee FinanceHello Crypto World
After been born for a couple months, Chee Finance wants to say a late hello to the entire crypto world. “The drive to invest in tokens will only accelerate. Ironically, that impulse will connect us to primitive instincts, and do its part to keep us human.” -- Frederick Kaufman, author of “The Money Plot: A History of Currency’s Power to Enchant, Control, and Manipulate” #GM #WAGMI
#ReFi money market on Celo, BNB Chain & Ethereum.
Chee FinanceGovernance Finance
Chee Finance is the first protocol to accept veNFT as collateral and lend cheeGT in exchange. Each cheeGT will be pegged to the GT (Governance Token) locked in veNFT in a 1:1 ratio. As a result, users can obtain short-term liquidity by using their governance tokens, such as veNFTs, through Chee Finance's governance finance feature. This Vote-escrowed NFT (veNFT) complies with ERC721 and is intended to fully represent governance rights within DeFi protocols, such as voting, boosting, and ...
Chee FinanceChee Finance Announcement on Creating a Mobile-Friendly Money Market
Chee Finance Mobile-FriendlyChee Finance’s major objective is to offer an easy-to-use loan protocol. Furthermore, as Celo is on a mission to make DeFi available to all smartphone users worldwide, the Chee Finance team opted to incorporate the new mobile UI design into the production, in order to fulfill such important goals. Thanks to Chee Finance, users can lend or borrow more easily and quickly, no matter where they are. Here is a straightforward tutorial to tell you how to try Chee Finance...
Chee FinanceHello Crypto World
After been born for a couple months, Chee Finance wants to say a late hello to the entire crypto world. “The drive to invest in tokens will only accelerate. Ironically, that impulse will connect us to primitive instincts, and do its part to keep us human.” -- Frederick Kaufman, author of “The Money Plot: A History of Currency’s Power to Enchant, Control, and Manipulate” #GM #WAGMI
#ReFi money market on Celo, BNB Chain & Ethereum.
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Staked tokens play an essential role in the DeFi space. They are made possible by the proof-of-stake consensus mechanism, which is used by blockchains like Celo. Staking encourages users to lock their tokens, earn rewards, and participate in governance. When you stake a token, you lock it to support the process of confirming transactions on that blockchain. Investing in crypto without trading has become increasingly popular thanks to staking, and it's a good option for long-term investors who don't care about short-term fluctuations.
StakedCelo is a Celo-native liquid staking protocol that encourages active participation from users. After depositing CELO tokens into the protocol, users will receive stCELO tokens. There is a waiting period of 3 days before users can withdraw stCELO from the protocol and transfer it into unlocked CELO, so users must rely on secondary markets to obtain instant liquidity. Chee Finance is another option for users to access instant liquidity with their stCELOs. More information is available here.
With Chee Finance, staked tokens can now be used as collateral, and stCELO is the first staked token supported. The initial collateral factor of the stCELO market is 50%. The procedure for using staked tokens on Chee Finance is the same as for other ERC-20 tokens. You can find more information in the Chee Finance mainnet tutorial.
Click here to access the app.
About Celo:
Celo is a carbon-negative, L1 protocol with a rich ecosystem of global partners building Web3, mobile-first applications to create a more accessible and inclusive global financial system. Visit celo.org to learn more about the Celo community, contributors, and technology.
About StakedCelo:
StakedCelo is a Celo-native open-source liquid staking protocol developed by cLabs to encourage the active participation of users in the protocol. It allows anyone to stake CELO to support the network and receive the Epoch Rewards associated with staking, and at the same time to keep these assets liquid so that they can be used in other applications across the ecosystem. The StakedCelo protocol can be directly accessed through the smart contracts deployed on-chain or through a WebApp developed by cLabs. Users can also obtain stCELO on decentralized exchanges or engage in the protocol through other third parties that have chosen to integrate StakedCelo. Find out more about StakedCelo here.
About Chee Finance:
Chee Finance is a multi-chain web3 money market whose liquidity is made up of crypto and real-world assets, such as ERC20 tokens, DeFi LPs, governance tokens, Staked tokens, and loan tokens. Chee Finance’s mainnets are live on Celo, Meter.io, BNB Chain, and Ethereum.
Staked tokens play an essential role in the DeFi space. They are made possible by the proof-of-stake consensus mechanism, which is used by blockchains like Celo. Staking encourages users to lock their tokens, earn rewards, and participate in governance. When you stake a token, you lock it to support the process of confirming transactions on that blockchain. Investing in crypto without trading has become increasingly popular thanks to staking, and it's a good option for long-term investors who don't care about short-term fluctuations.
StakedCelo is a Celo-native liquid staking protocol that encourages active participation from users. After depositing CELO tokens into the protocol, users will receive stCELO tokens. There is a waiting period of 3 days before users can withdraw stCELO from the protocol and transfer it into unlocked CELO, so users must rely on secondary markets to obtain instant liquidity. Chee Finance is another option for users to access instant liquidity with their stCELOs. More information is available here.
With Chee Finance, staked tokens can now be used as collateral, and stCELO is the first staked token supported. The initial collateral factor of the stCELO market is 50%. The procedure for using staked tokens on Chee Finance is the same as for other ERC-20 tokens. You can find more information in the Chee Finance mainnet tutorial.
Click here to access the app.
About Celo:
Celo is a carbon-negative, L1 protocol with a rich ecosystem of global partners building Web3, mobile-first applications to create a more accessible and inclusive global financial system. Visit celo.org to learn more about the Celo community, contributors, and technology.
About StakedCelo:
StakedCelo is a Celo-native open-source liquid staking protocol developed by cLabs to encourage the active participation of users in the protocol. It allows anyone to stake CELO to support the network and receive the Epoch Rewards associated with staking, and at the same time to keep these assets liquid so that they can be used in other applications across the ecosystem. The StakedCelo protocol can be directly accessed through the smart contracts deployed on-chain or through a WebApp developed by cLabs. Users can also obtain stCELO on decentralized exchanges or engage in the protocol through other third parties that have chosen to integrate StakedCelo. Find out more about StakedCelo here.
About Chee Finance:
Chee Finance is a multi-chain web3 money market whose liquidity is made up of crypto and real-world assets, such as ERC20 tokens, DeFi LPs, governance tokens, Staked tokens, and loan tokens. Chee Finance’s mainnets are live on Celo, Meter.io, BNB Chain, and Ethereum.
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