Cryptocurrencies

NFT-Centric DeFi Platform Orange Financial Announces Mint Date

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Written By: Michael Abadha
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    Summary:
  • Orange Financial treasury pays NFT holders in USDC stablecoin, ensuring that their earnings are insulated from volatility and bear market.

Orange Financial, a multi-chain yield farming treasury, has set the 1st of February, 2023, as the date for the public mint of its yield-earning NFTs. In order to offer returns for its NFT holders, Orange Financial has taken a novel strategy and assembled a portfolio of DeFi assets and farming opportunities. It also boasts of a treasury that only distributes rewards to holders when they are actually owed, and always in a stable asset (USDC). This is an important factor, especially in a market that has been on a downward spiral for much of the year. 

What sets Orange Financial apart from other DeFi platforms?

The Treasury in Orange Financial provides user incentives in stablecoins rather than a native token, which is one of the platform’s primary benefits. The result is a real yield for investors instead of a loss in value from holding assets that are prone to fluctuations. The Treasury’s distribution schedule is fully transparent and updated every week based on market conditions since there is no native token or fixed interest rate. This helps boost investor confidence in the platform and also ensures the sustainability of the rewards program.

When it comes to optimizing returns for its investors, the Treasury is actively engaged in a wide variety of yield farming options. Orange Financial is native, has a diversified DeFi treasury, and does not require any ownership or interaction from NFT holders after the minting of NFTs. It’s easy to get in on the yield farming action with USDC because all rewards are sent straight to the holders’ wallets.

Orange Financial provides NFT investors with low-cost entrance into a diversified portfolio of high-cost-of-entry yield farming enterprises with no required minimum stake size. Furthermore, unlike other stablecoins, Orange Financial NFTs do not require an internet connection and can be held in a cold wallet.

This post was last modified on %s = human-readable time difference 10:21

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha