Seeded is Planting with Penguin Finance to Harvest Protocol-Owned Liquidity via Bonding/Staking
Welcome Seeded Network to join the Penguin bonding family! It is our privilege to seed with Seeded on the land of DeFi and to gather vital POL for the sustainable development of the protocol.
SEEDED/PAI bonding will be launched on May 13th, 9 am UTC
Seeded Network is a project incubator featuring unique borrowing, lending and staking solutions that integrate with the fast-growing DeFi world. Seeded aims to provide quality projects together with their expertise and network connections to projects wishing to use the Seeded Project Incubator.
With Seeded’s provision, projects can enjoy a community brimming with investors and enhanced token utility brought by lending and borrowing products. As the native token of Seeded, SEEDED is empowered by its lending and borrowing without exception, and it is now embarking on a new journey of bonding!
The Penguin’s bonding/staking allows Seeded to have a healthy token emission which helps with controlling inflation rate by posing less selling pressure on the market. Better still, Seeded can collect revenue-generating POL for its long-term success which also benefits its stakeholders with sustained rewards.
At the launch of SEEDED/PAI bonding, users can add liquidity in the SEEDED/PAI pool to acquire SEEDED/PAI LP tokens, which can be used to bond for discounted SEEDED on the market price. SEEDED purchased through bonding will be then auto-staked. Users can unstake their SEEDED at any time in the Staking section and collect the full amount of SEEDED after a 7-day vesting period. On the other hand, keeping SEEDED staked would allow users to receive an optimal reward and achieve 3,3 together.
The collaboration of Seeded and Penguin can extend from liquidity management to co-marketing and partnership networking, which in turn gives rise to a healthier ecosystem. All of them will bring solid interest to our users and will help us to thrive in the land of DeFi.
Set your reminder and join us to plant a seed for a better tomorrow!
About Seeded Network
Seeded Network is a project incubator with unique borrowing, lending, and staking solutions, combining aspects of cryptocurrency with the expanding world of DeFi. It is focusing on developing a network of DeFi products all serving the purpose of binging the network synchronized usage and adding utility to its native token.
About Penguin Finance
Penguin is a Liquidity-as-a-Service Platform that offers a one-stop solution for treasury management such as swap, bonding, and staking. A protocol can utilize the bonding service to acquire liquidity instead of renting it. Protocol-owned liquidity can help a protocol survive in the long run by staying with it during a downturn. Instead of fostering short-term involvement, token vesting will allow protocols to match their incentives and communities with their long-term goals.