CoffinFinance Partnership with Midas.Investments
We are thrilled to announce that we have partnered with Midas.Investments and from now on, CoffinFinance and Midas.Investments are going to work together.
We look forward to working closely with Midas.Investments to bring more liquidity to Fantom Opera, and contributing to the Blockchain and Fantom Opera community.
During the initial phase Midas.Investments has a plan to provide liquidity depth to the Coffin Finance trading pairs: Coffin/FTM, CoUSD/USDC to bootstrap its economy and create a flourishing market.
Additionally, Midas will run a marketing campaign on behalf of Coffin to boost its initial liquidity after the protocol relaunch. The partnership will result in joint marketing activities, and many more things which will contribute to the development of the Fantom Blockchain and increase its utility.
For liquidity by Midas.Investments, Coffin Finance has a plan to sell COFFIN tokens partially to Midas.Investments from dev funds. We don’t expect price impact because of OTC without DEX.
Midas.Investments is a custodial crypto-investment platform with the mission to provide passive income streams to its users. The platform generates yield through hedged strategies which uses investment instruments such as lending and borrowing, hedged token farming, DeFi yield vaults, and concentrated liquidity provider on Uniswap V3 Midas.Investments intends to become a gateway between centralized and decentralized finances while also providing DeFi market exposure to investors and users.