Partnership with Don-key Finance a commitment to strategic community expansion.
Don-key Finance; a community-oriented platform that knows how to work the farms like no other.
It is said you are measured by the company you keep. If there’s any truth to these words of wisdom, we’ll double-down on our first major partnership announcement. Nacho Finance is partnering on a farming initiative with the highly respected social copy-farming platform, Don-key Finance.
Like any visionary project, partnerships must align at a values level—double entendre intended. It’s two parties sharing foundational beliefs and an expressed interest in a certain future for their users. It goes without saying that we both believe in the powerful future of DeFi. But beyond simple belief, the real sweet spot of alignment between Nacho Finance and Don-key Finance is our conviction for sharing the unreserved benefits of DeFi with a much larger audience, and doing it by solving the problem of complexity as a barrier to entry.
This first partnership between Nacho and Don-key is a great opportunity to create exposure to our respective communities with great incentives to explore high-quality DeFi projects on the Polygon POS chain.
About Don-key
Don-key Finance is building the first ever social trading platform for yield farming. They bring yield farmers together with liquidity providers, and have been called the eToro of the yield farming universe. A great comparison.
Don-key’s goal is to eliminate yield farming’s infamous complexity. They are moving towards a familiar and more user-friendly retail-inspired experience, streamlined to offer the most profitable and adaptive products on the market.
The proof is in their one-click routing. That’s right, users can route their liquidity, in any token they chose, with just one click. Then they enjoy professionally designed strategies that are updated to consistently chase the highest available APYs while minimizing risk. They put expertise into a time-intensive activity like yield farming so users don’t have to.
The Mule Pool with Nacho Finance
The Mule Pool is a 14-day initiative, starting January 27th. Holders of non-tier locked $DON tokens can stake their tokens to be eligible to earn Nacho rewards in the form of NSHARE. It’s a chance for Don-key members to get great returns and by leveraging the benefits the Nacho ecosystem provides.
$50,000 of NSHARE is allocated to the pool and disbursed according to the pool weight and length of time invested; meaning the earlier you stake and the more you contribute, the more NSHARE you will earn.
To give the community time to deposit, rewards being to accrue just 12 hours after the farm goes live at 2pm UTC, Thursday January 27. At that time, each block processed on the Polygon blockchain will disburse a fraction of the $50k worth of NSHARE until all the rewards are fully disbursed at the end of the 14-day period.
For $DON holders, tiers 1 and 2 can stake a maximum of 500 $DON. Tiers 3 to 5 have no cap, and can earn as much NSHARE as they can.
Once the rewards are fully disbursed, the NSHARE will be unlocked and Don-key will create a dedicated copy-farm specifically featuring Nacho Finance’s platform. More details to come on this.
A Bright, Fun Future
This is an exciting initiative for Nacho. The potential for donkeys who love cheese is too good to overlook. The Mule Pool creates an incentive for exploration across platforms. in this case it is especially true, given that this is the first initiative of its kind on Polygon for Don-key.
Remember… this is just the beginning.
Learn more about Don-key Finance.
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