Yieldly is pleased to unveil yet another pool partnership, this time with Day By Day, a decentralised insurance platform for real-world assets, ushering in the launch of two brand new 120 day staking pools leveraging the DBD token. The Staking Pool will launch on Thursday, September 8th, with the LP Pool going live one week later on September 15th.
The Latest Staking Options On Yieldly
- YLDY→DBD Staking Pool: Users can stake YLDY and receive DBD.
- DBD/YLDY LP Pool: Users can stake DBD/YLDY LP tokens to get YLDY.
About Day By Day
Day By Day is a world-first decentralized insurance platform designed for real-world assets. Their Insurtech solution leverages the power of NFTs and DeFi to decentralize and democratize the global insurance industry. Utilizing the Day By Day platform and the DBD token, anyone can monetize insured assets, purchase a variety of gift cards, and trade across a variety of centralized and decentralized exchanges.
That’s not all, because soon there will be even more that DBD holders can do to get involved. These include being able to define NFT Ownership Policies, Participate in voting on future developments, and even stake into the Day By Day DAO. In time, the platform intends to expand into even more forms of insurance, such as health and automotive.
As the use cases for the DBD token continue to expand within the decentralized insurance platform, the goal is to reward the community who support and encourage growth within the ecosystem. As part of the Algorand ecosystem, Day By Day supports all other Algorand projects and builders as they continue to revolutionize the way banking, finance, insurance, farming, cybersecurity and more is done in this new Web3 world.
“Our partnership with Yieldly will help us grow our community, so more people can benefit from hyper-personalized, on-demand insurance,” said Bill Angelidis, CEO & Founder.
Yieldly will continue to announce more liquidity partners, so stay tuned!
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