SINGAPORE, Singapore – (Newsfile Corp. – May 6, 2022) – Duet Protocol, a parallel universe turning flat assets into sharp assets, is now listed on DeFi Lama, the largest TVL aggregator for DeFi. DeFi Lama provides fully transparent and open source data for 800+ #DeFi protocols from 80+ blockchain networks.
Source 1: Duet Protocol listings on DeFi Lama
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Listing of Duet protocol token $DUET will ensure over 2 million locked liquidity in the DeFi Lama pool. This achievement will help Duet realize its vision of building a parallel on-chain finance world governed by DAO to allow users to create and allocate capital for any asset in the world.
Duet Protocol is a community-oriented platform that offers multiple features such as: B. An algo-based hyper-collateralization model, hassle-free diversification, yield enhancers, market-maker mechanism, duet bond and a DAO. The project has gradually gained momentum fueled by the listing.
As the project grows, Duet Protocol aims to keep the community informed and to that end the project is hosting a community call on May 5th at 13:00 UTC. The Community Call will be led by Antonin, Duet Product Manager, and ZW, Duet BD Head and Core Member on the platform’s Discord channel.
There will be four sections for the Duet Community Call. The launch will include a short introduction by the presenters, followed by a live Q&A session with the community, market sharing and a quiz session.
Duet Protocol aims to become the entry point for providing liquidity. This reserve capital system provides liquidity for almost every DeFi protocol in the ecosystem while generating a world of synthetic assets whose value is fully backed by their reserves.
About the Duet protocol
Duet Protocol is a multi-chain synthetic asset protocol that provides additional value to assets in the blockchain ecosystem. The project is a synthetic asset minter built on top of Yield Aggregator that automates yield farming, maximizing yields and unlocking additional liquidity. The project aims to become the entry point for the provision of liquidity.
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