It is our pleasure to unveil our first partners — APYSwap platform. Our partnership with APYSwap will allow us to use bRing’s Yield Farming tokens, whilst they are locked in staking, providing them with liquidity, which they otherwise wouldn’t have.
This is achieved by utilizing the unique technology of APYSwap’s tokenized vaults, since the shares of the vaults are traded, instead of the assets themselves. In addition, APYSwap is a cross-chain platform. Therefore, as soon as bRing implements its BSC bridge, we will be able to utilize their vaults on multiple chains.
Finally, their token, APYS, will be added to one of the upcoming rings. This addition will spread awareness of our project among the APYSwap community, thereby increasing the chances of our project being added to their portfolio options via community voting.
APYSwap is a protocol for decentralized cross-chain exchange of shares of Tokenized Vaults. Leveraging layer-2 blockchain technology, APYSwap enables the trustless trading of tokenized yields across multiple layer-1 blockchains. With APYSwap, active DeFi portfolio managers can create specific combinations of Liquidity Providers, Yield Farming as well as other tokens and transfer divisible shares of these portfolios to third parties.
Therefore, instead of unlocking the assets for trading, users can instead trade APYSwap Vault shares. This provides liquidity to the previously illiquid assets, without compromising the rewards tied to the condition of assets remaining locked.
bRing is a decentralized cross-chain platform, enabling the multiple tokens’ farming via staking of a single coin.
By combining a set of all-rounded and unique projects in a pool, we enable the cumulative farming with the help of a single token, thereby increasing the potential revenue our users may generate.
Our referral system incentivizes the community to invite other participants to the established pools, rewarding those they refer and themselves with higher yields.