BRING.FINANCE Partners With Skyrim Finance

Skyrim Finance, a multichain protocol that is concentrated on fixed-rate and leveraged-yield Defi Products is bRing’s newest partner! Skyrim aims to raise cooperation between investors in the DeFi ecosystem. In particular the goal is to lead investors to a risk-adjusted return through fixed-rate and leveraged-yield DeFi products.

Skyrim Finance is built on Ethereum, Binance Smart Chain and Polkadot. The platform’s system is able to exchange and make use of information via NFT. This offers users to transfer their ERC-721 standard NFT’s between accounts and put wrappers around them to add more features.

In addition to the NFT interoperability mechanism, Skyrim Finance is self-evolving and community-based. This allows the token holders and delegates to vote on certain upgrades and have a say in the development of the Skyrim system. On top of that there are no fees that are earned by Skyrim from the services they provide.

Skyrim is a dual token system, their main utility token is $SKYRIM that is rewarded to market makers who provide liquidity in structured finance pools. The second purpose of the token is to act as a reward for innovative products, grants and solutions. The second token, $TRANCHE is the governance of the protocol. With this token holders are able to vote for proposals via Quadratic Voting.

Skyrim is backed by investors who are strong “players” in the DeFi space. bRing finance is truly excited to be partnering up with a team that Skyrim has!

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