Resonate Announces Partnership with Neutra Finance
We are very happy to announce our latest partnership with Neutra Finance. Neutra Finance specializes in delivering delta-neutral, sustainable investment strategies. Their premiere product is built on top of GMX to provide >10% APR with no directional market exposure. Our first integration will be with their Delta Neutral GLP Vault, nGLP, so users can rent-out their nGLP holdings to receive fixed rates, paid upfront.
What’s to come?
Neutra Finance integration ✔️
Capital deployment(s) ⏳
More vault integrations and partners ⏳
About Neutra Finance
Neutra Finance aims to make risk-hedged, sustainable investment strategies easily accessible for anyone, anywhere through automated strategy vaults.
Our first product is a delta neutral GLP vault that enables you to easily and safely earn double-digit APY while protecting your capital. Neutra Finance’s tokenomics is largely composed of NEU and esNEU (escrowed NEU). NEU is the utility and governance token of Neutra Finance. By staking NEU, you will earn protocol fees in DAI, escrowed NEU (esNEU) and fee boosters. Protocol fees are collected from our strategy vaults, consisting of Management Fee (2% of TVL) and Performance Fee (20% of APR). 50% of the fees is distributed as rewards to token stakers. esNEU has the effect of giving higher returns to long-term stakers, who can be seen as Neutra’s committed users qualified to make major decisions regarding the protocol’s future. The longer and the more you stake, the larger share of governance power and fees you take. The value of esNEU comes from accumulating rewards over time. This aligns the interests of Neutra Finance and our token holders for long-term growth. esNEU are non-liquid NEU that can be used in two ways: staked to receive the same rewards as a regular NEU token (fees, esNEU, Fee Boosters) as well as being vested for 12 months to become actual NEU tokens.
Learn more about Neutra Finance
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).
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.