Uno Re joins UniFarm’s Cohort 18
Uno Re ($UNO) joined the UniFarm Cohort 18 on the 23rd of July, and the team is thrilled to announce that the $UNO staking pool was 100% filled and the first to do so in Cohort 18.
The Cohort 18 reward pool runs for 90 days wherein users can farm $UNO with Uno Re, $ORO with OpenDeFi, $KALLY with Polkalley, $BCP with BitCashPay, $NTVRK with Netvrk and $UFARM with UniFarm.
Uno Re is the world’s first decentralized risk-trading reinsurance platform powered by Polkadot. Uno Re allows the community to invest, trade and receive sizable returns from one of the safest asset classes in the world, risk. The platform aims to break barriers to entry for the retail investor by doing away with the historic pre-requisite of absurdly high capital generally needed to invest in the market while also introducing much-needed transparency into the industry as a whole.
Unlike traditional farming, UniFarm offers diversification to its token holders by allowing multiple token farming options hence the motto “Stake One, Farm More”. This strategy plays a vital role in reducing volatility and potential risks faced during farming, resulting in enhancing the overall return to the user’s crypto portfolio. This also means a higher reward gain for farmers and stakers.
As a user, while farming at UniFarm, one can achieve an APY of up to 500% while retaining the custodianship of their tokens. Users also have complete control of personal token activity; hence tokens are not subjected to market exposure. One can unstake their tokens once the farm is over and attain maximum profit.
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