Boson Protocol announces YOP as a dCommerce ecosystem partner.
Boson Protocol, the dCommerce primitive that solves the digital to physical redemption problem, is delighted to announce that YOP the DeFi yield aggregation platform and protocol will become a Boson Protocol ecosystem partner.
YOP will provide farming and staking aggregation to Boson Protocol ecosystem participants, for example, for buyers, sellers, balancer pools and automated market makers (AMMs). YOP and Boson Protocol will also explore how custom DeFi NFTs that are interoperable across networks could allow users to claim access to tiers of services in the YOP application and outside of the platform.
YOP is a Yield Optimization Platform and Protocol; an all-in-one application that makes it easy for everyone to access yield markets. YOP gives you custody, market insights, token swaps, and yield farming customization inside one single application. YOP is chain-agnostic and will focus on integrating DeFi protocols across seven blockchain networks including (but not limited to) Ethereum, Polkadot, Binance Smart Chain, and Solana.
Boson Protocol enables trustless digital-to-physical redemption by using NFTs encoded with game theory and disrupts e-commerce platforms by tokenizing things and their data within a liquid digital market, built on DeFi. This enables the creation of a decentralized commerce ecosystem, powered by a stack of specialist applications, resulting in the demonopolization and democratization of commerce.
By integrating YOPs capabilities, users can access an array of yield and staking benefits that would be impossible to achieve on a singular one to one basis. YOPs aggregation tech provides Boson dCommerce participants with the ability to stake and start earning yield for passive income, whilst having full control, custody and access to insights directly from one single application.
“Great to be working with Boson Protocol. We believe Boson will unleash the huge potential of NFTs through its use in the dCommerce ecosystem. Ground breaking technology with a robust architecture and a team that knows how to scale the business side. Really look forward to working together.” — Atif Yaqub, Founder YOP
In addition YOP and Boson Protocol will collaborate around developing DeFi NFTs that will allow users to gain access to tiers of the YOP application and other integrated YOP partner platforms. Both parties see this opportunity as a way to evolve DeFi, making it safer, secure and more efficient for users in the future
“The YOP Finance and Boson Protocol partnership allows users access to passive income just by providing capital to the dCommerce ecosystem. This is a truly unique capability and feature that can only be delivered through DeFi technology and we are proud to be part of this exciting evolution” — Justin Banon, Founder & CEO, Boson Protocol
YOP is a yield optimization platform for DeFi (decentralised finance). The platform and protocol makes it easier for everyone to access decentralised financial products such as token deposit accounts, giving the user custody, insights and flexibility directly in one single application.
About Boson Protocol
Boson Protocol’s vision is to enable a decentralized commerce ecosystem by funding and enabling the development of a stack of specialist applications to disrupt, demonopolize and democratize commerce.
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