Resonate Announces Partnership with GMD Protocol

Revest Finance
2 min readFeb 23, 2023

Overview

We are very happy to announce our latest partnership with the highly regarded — GMD Protocol. GMD is a yield optimizing and aggregating platform built on Arbitrum. GMD employs delta-neutral strategies to aggregate yields from an index pool or an LP to its constituent individual assets, eliminating their risks of impermanent loss or exposure to unwanted assets. GMD’s premiere products include single-stake BTC, ETH and USDC vaults built on top of GMX/GLP.

For our initial deployment, we’ll unveil a GMX/GLP based vault, powered by Resonate, built to provide upfront fixed yields and boosted variable yields on USDC. GMD will provide an initial USDC capital injection upon launch of the Resonate pool, enabling trading for users. Further details regarding the deployment and provided rates will be released prior to launch.

Stay tuned!

What’s to come?

GMD integration ✔️

Capital deployment ⏳

More vault and chain integrations ⏳

Learn more about GMD Protocol

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About Resonate

Resonate is a decentralized marketplace where users can rent out their variable rate assets to receive fixed rates. Through tokenizing positions with Revest’s Financial NFTs (FNFTs), Resonate is able to offer fully customizable and liquid lockups with zero-slippage. Resonate serves to stabilize interest rates on any yield-bearing protocol across DeFi.

Resonate facilitates the commerce of the rights to future interest by matching issuers (who want to sell their interest rights for a one-time upfront payment), and purchasers (who want to buy the rights to future interest for a one-time upfront payment).

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About Revest Finance

The Revest Protocol offers a revolutionary new use of NFTs as financial tools through the Financial Non-Fungible Token (FNFT). Individual and enterprise-level users can deposit any ERC-20 or ERC-721 into Revest’s interactive FNFTs and set custom unlocking conditions (time, value, or contract-based). FNFTs can be sold on any NFT marketplace at any point while the underlying collateral remains locked.

Revest allows the tokenization of all non-fungible financial positions with non-fungible tokens. This simple turn-key solution offers elegant applications ranging from token vesting to cutting-edge implications for derivative and borrowing/lending platforms. Revest’s flagship product, Resonate, is underpinned, fundamentally, by this innovative technology.

Website | Twitter | Telegram | Discord | Docs

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Revest Finance

The world's first platform to offer instant liquidity for locked assets.