Firm unveils new feature, raises $670,000 pre-seed funding

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Stakefair, a decentralised finance company, has launched a new financial model to help individuals achieve a no-loss sports staking offering.

He further said that with the website’s ‘no-loss’ sports staking offering, individuals can now see the platform as a yield generator through their crypto stake.

Akindele said, “We have built much more than the business-to-consumer DeFi gaming products, we have also built the DeFi infrastructure that allows other developers to build DeFi apps like ours for use cases such as no-loss staking, treasury management, yield aggregation, wallets, and market-making.” The firm disclosed that the ‘no-loss’ sports staking model is simple as it allows a user stakes a unit of a coin on a set of games, which it will invest in a DeFi lending pool so that it can yield interest.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Source: News Formal (newsformal.com)

 

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