CAFESWAP PARTNERS WITH JADE PROTOCOL
CafeSwap has always aced its partnerships with high value alliances which have proven to be unique, profitable and have evidently brought new and interesting angles to its diverse ecosystem. Following this established and highly rewarding trend, we are pleased to announce our partnership with Jade Protocol, a decentralized reserve currency platform on the Binance Smart Chain.
Jade Protocol is an optimized, fair-launch fork of Olympus DAO. It boasts high APRs and has the ability for faster auto-compounding intervals than most algorithmic reserve currency platforms. Its token, $JADE, a free-floating currency with no pre-minting, is backed by its treasury supply of the stablecoin BUSD. Because it is backed by BUSD, it is able to achieve a stable floating value which makes it never fall below the value of its backed assets. JADE’s reserves are crypto assets held by the Jade Protocol Treasury which are expanded through bonds that are sold for different assets and in return the buyer receives JADE at a discounted price thus leading to incredible yields by users.
We are very excited to join hands with Jade Protocol through our collaborative relationship to bring increased rewards and value to users of both platforms. We are rolling out a new staking pool where users can stake BREW to earn JADE. A new farming pool will also be available in a JADE-BNB liquidity pair. Users that LP stake JADE-BNB will be rewarded in BREW.
As we evolve to provide a suite of DeFi services, we hope to continue to establish alliances to achieve the most efficient returns for our users.
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About Jade Protocol
Jade Protocol is the inaugural launch of the Fair Fork Foundation, a collective dedicated to the democratization and ROI optimization of famous DeFi protocols. The Jade Protocol makes use of bonding as its secondary means of value generation. This helps Jade acquire and accumulate its liquidity and other reserve assets like the BUSD. On top of its stability, Jade also boasts of a perpetual revenue stream from LP rewards, with APRs of 500% to 5,000% and exponentially higher returns for early adopters. The Jade Protocol is powered by the Smart team which launched a viral farm on Avax that touched 50m in TVL.
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