finance.vote Announces Strategic Partnership and dApp Integration with Innovative DeFi Insurance Yield Aggregator iTrust.finance

| finance.vote TeamPress Release

finance.vote, the consensus layer for DeFi, today announced a strategic partnership with iTrust.finance – the friction reducing, yield enhancing, capital allocation provider within DeFi insurance.

finance.vote is a decentralised organisation working to build a suite of governance dApps for DAOs in an effort to provide a decision-making tool kit for the future of DeFi, and fast track the path towards decentralisation. 

iTrust.finance is building a unique application that will increase adoption of DeFi insurance protocols, allowing them to scale exponentially. The iTrust.finance Decentralised Autonomous Organisation (DAO) will accelerate growth in the DeFi Insurance sector through three key Tenets of Operation:

Through this collaborative partnership iTrust.finance will integrate the finance.vote suite of dApps to fast-track their path to decentralisation, and to receive the toolbox required to establish a decentralised consensus layer for their DAO governance. 

Commenting on the partnership, finance.vote’s Founder and Protocol Leader Dr. Nick Almond stated: “We couldn’t be happier to be working with a project as committed to innovation, disruption and, most importantly, furthering the agenda of decentralisation as iTrust.finance. Their DAO’s three primary focuses of efficiency, increased returns, and simplicity will provide much welcomed solutions and improvements to the burgeoning DeFi insurance sector. We’re very much looking forward to working with their team in the long term to improve the landscape of the decentralised insurance space.”

finance.vote’s audited smart contract technology has already provided the iTrust.finance DAO with a number of key functions. These include the framework and architecture which will allow the users of the iTrust.finance DAO to operate within a productive, creative, and effective ecosystem.

Specific products and solutions finance.vote will be providing iTrust.finance include:

  • $ITG Vesting Schedule: finance.vote have developed bank.vote a smart contract based vesting scheduler within the iTrust.finance DAO. This will give investors confidence in the fairness of iTrust.finance token’s ($ITG) emission schedule and can be used for future community token issuance. 
  • Liquidity Mining: finance.vote will also integrate the yield.vote liquidity mining dApp within the iTrust.finance DAO. Yield offers a gamified dApp for LP token holders, a mix of “governance meets liquidity”, based on the Harberger Tax.
  • Vault Discovery Fund: finance.vote will work closely with iTrust.finance in developing the Vault Strategy Discovery Fund (VSDF). One of a number of community funds/grant programs whereby the DAO creates curated, risk-assessed, vault strategies, across multiple insurance protocols, for stakers in the iTrust.finance DAO. The VSDF provides a mechanism that channels and focuses decision making to the DAO’s token holders.
  • REKT Prediction Market: iTrust.finance and finance.vote will partner to create the REKT Prediction Market, which will consist of token weighted voting, quadratic voting, meritocratic ratings and token rewards for good predictions. We will be releasing more information around this in an upcoming post, so do stay tuned for further updates!

Commenting on the strategic partnership, iTrust.finance CEO Peter stated: “this partnership with the leading player in the DAO governance space will allow the iTrust.finance DAO to focus on its core principles: identifying risk-assessed staking strategies within the DeFi sector, for all the stakers of the iTrust DAO, and ultimately building a decentralised knowledge resource for the greater DeFi community. We’re very proud to be working with a project which has contributed so much to the DeFi governance space, and we’re looking forward to a long and fruitful partnership with our friends at finance.vote.” 

About iTrust.finance

iTrust.finance is the friction reducing, yield enhancing, capital allocation provider within DeFi insurance.

iTrust.finance allows users to stake into DeFi insurance protocols, and earn rewards whilst also building cover capacity for the underlying insurance protocol. 

On launch, iTrust’s unique application will offer a host of yield-maximising staking options for Nexus Mutual ($NXM) holders and crucially, wrapped Nexus Mutual ($wNXM) token holders alike. With other insurance protocols to follow.

A community-driven DAO, iTrust.finance will provide network rewards to its own staking participants in the form of our governance token $ITG.

iTrust will be launching on the 23rd June, to find out more about iTrust, head over to the official channels:

Website: https://www.itrust.finance

Telegram: https://t.me/iTrustCommunity

Telegram Announcements: https://t.me/iTrustOfficialAnnouncements

Twitter: https://twitter.com/iTrustFinance

Medium: https://medium.com/itrust-finance

About finance.vote

finance.vote is a decentralised organisation that creates governance dApps for DAOs. They specialise in quadratic voting technology and price discovery, with a prediction market, a decentralised auction house and a suite of gassless multi-chain voting tools designed to upgrade governance across the DeFi space.

The finance.vote dApp suite is the decision making tool kit for the future of decentralised finance. It is governed by FVT holders, who control our roadmap, monetary policy and the funding of the platform.

Join the DAO

Website: https://finance.vote
Prediction Market: https://markets.vote
Follow our Telegram Announcement Channel: https://t.me/financevote
Join our Unofficial Telegram Discussion channel: https://t.me/financedotvote
Join our official token gated community: the Citizens Chamber. You need to mint a decentralised identity token to join.
Follow us on Twitter: https://twitter.com/financedotvote
Follow us on Medium: https://financedotvote.medium.com

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