Vortex DeFi has continued in their pursuit of unlocking the world of decentralized finance by simplifying yield farming as the company recently announced plans to expand from ETH, which is currently the only available option, to BSC and DOT. The goal is to allow as many people as possible to enjoy the amazing crypto-based solution from the company through their innovative DeFi platform.
There has been a steady increase in the demand for blockchain-based solutions from businesses and individuals from all walks of life. Over the years, several companies and products have emerged to meet the growing and diverse needs of different stakeholders in the industry. A new report by Grand View Research, Inc projects the value of the global blockchain technology market to reach $394.60 billion by 2028. In a recent development, there has been a resurgence of DeFi, with several protocols emerging in recent times. Unfortunately, users of many of such protocols are not particularly convinced about the safety of their funds and the ease of finding the best APY yields as well as how to be a part of such projects. However, Vortex seems to have mastered the art of simplifying the process, judging by the reviews of users of the platform since its launch in September 2020.
Vortex DeFi offers an all-inclusive ecosystem, bringing together leading protocols and platforms, ultimately allowing honest farmers to leverage the maximum potential of decentralized finance. The ecosystem includes V-Pay designed to allow fiat ramps to buy and sell tokens using their credit card or bank account, V-Swap for seamless crypto-asset swap, V-NFTs for the management of non-fungible tokens assets, and V-Dex, a blockchain agnostic DEX. Other aspects of the ecosystem are V-Yield and V-Insure, offering a comprehensive decentralized finance solution to all users.
Vortex is designed as a one-stop gateway and aggregator providing seamless, consolidated access to protocols such as Compound Finance, Aave, and YFI from a single app. As part of the company’s goal of reaching as many stakeholders as possible across the globe, Vortex is partnering with leading blockchain companies from different parts of the world to build a suite of tools, accessing multi-chains under one roof. Some of the Vortex’s partners include Vendetta Capital, Black Mamba Ventures, Faculty Capital, Pluto Digital Assets, A195 Capital, and a host of others.
The founder of Vortex DeFi, Rahul Singh, has brought his technical expertise into the fold, leveraging his over 12 years of experience as a product manager in the aerospace and retail industries. The feats achieved by Vortex in its relatively short while of operation have substantiated this claim. When the company initially launched in September 2020, it was in stealth mode as it built out its minimum viable product. However, things took a drastic change and the efforts began yielding fruits after gaining a proof-of-concept, with the company subsequently deciding to launch an initial DEX offering in February 2021. The move had an instant effect, with an almost immediate 25x return to investors.
For more information about Vortex and the innovative solutions from the one-stop gateway and aggregator, visit – https://vortexdefi.com/. Vortex can also be found across social media, including Twitter, Telegram, and Medium.
About Vortex DeFi
Vortex DeFi is a web-based platform designed to open up all DeFi-related opportunities in one place as a one-stop gateway to help users manage their investments for protocols on Ethereum and Polka networks. The platform cuts across the different ecosystems and brings together leading protocols and platforms to allow honest farmers to leverage the maximum potential of decentralized finance.