NFFT is pleased to announce another leading supporter, Spherium Finance. This marks another great step in the NFFT project, which further positions the platform to live up to its full potential.
Spherium is a revolutionary platform that redefines decentralized finance. It is a user-friendly and non-custodial financial ecosystem built on transparency as its founding pillar. The current DeFi industry is fragmented, requiring users to register across multiple platforms for different services. Spherium unifies the DeFi industry, introducing decentralised atomic swaps, money markets, and Spherium wallet.
Spherium is built on Ethereum, Binance Smart Chain and Polygon to provide cross-chain interoperability.
Spherium Ecosystem comprises of:
SphereComp - Investors can trade all kinds of digital assets on the decentralized money markets, which has automatic interest rates based on the supply and demand
HyperSwap - Users can swap assets on this decentralized platform which operates based on the automated market-making mechanism.
Spherium Wallet - a secure wallet that can be integrated with other wallets for storing services and products on the platform.
Spherium addresses some of the core challenges of the current DeFi industry. It provides a mobile-first AMM platform, facilitates cross-chain transactions, and reduces the cost of DeFi transactions by using layer-2 solutions.
Spherium plans to implement on-chain governance. Its development phases are laid out clearly within the roadmap. Its tokenomics include vesting schedules for the team, investors, and backers, indicating long-term commitment from the Spherium team.
Having Spherium Finance as a supporter of NFFT Blockverse, it is expected that the Blockverse will benefit greatly from the several features that make Spherium a great DeFi platform. Both NFFT and Spherium are revolutionary platforms with comprehensive and unique products and services that no one in the market currently offers. This association between the teams is expected to further birth more cutting edge innovative ideas that would drive crypto adoption in the long run.
Join them on telegram https://t.me/SpheriumCommunity
