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YIN Finance and Solv Protocol Partner for NFT Vesting Vouchers


www.cryptonewsz.com 10 November 2021 16:56, UTC
Reading time: ~2 m

In an important strategic partnership, YIN Finance has decided to come together with Solv Protocol. Given the fact that both organizations are an important part of the decentralized finance (DeFi) community, this collaboration is sure to have a positive impact on the adoption potential of cryptocurrency and blockchain technology. As a result of this coming together, YIN Finance will offer vesting vouchers for NFT to its investors while maintaining the security associated with its native token, $YIN, throughout the vesting process. 

It is important to note that YIN is continuously evolving in terms of its strategic partnerships and tactical operations. The company is now preparing for the launch of its IDO and $YIN token and has decided to come together with Solv Protocol to offer more holistic solutions to prospective investors. 

Solv Protocol is a well-recognized name in the DeFi category and used in the successful creation, management, and trading of the NFTs that specifically belong to the category of finance. This protocol can be used for the creation of vesting NFTs that comes equipped with a certain value. This particular partnership has now paved the way for the investors patronizing the YIN to come up with their own vesting NFTs using the native token of the platform, $YIN. 

Investors having their money invested in YIN Finance can get the NFT voucher immediately after the launch of the $YIN token is complete. This will prove helpful not only in enhancing the liquidity aspect of their assets but also provide more flexibility to investors in terms of asset creation and choice. Moreover, NFT is transferable, adding more convenience to investors in terms of using the asset. It will be interesting to witness how this particular association will pan out in the future and what benefits it will bring to the table for both YIN Finance and Solv Protocol.


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