Modefi (MOD) has received an unprecedented response to its IDO, and now, after its launch, the company is looking to strike strong partnerships in order to change the blockchain space and the landscape of transactions in oracle. The company has announced its project with the Yield Optimization platform (YOP).
YOP is an all-encompassing platform that enables users to access the yield market. Using just one application, users can have complete control over the various aspects of the market, including custody of assets. The Portfolio Management Services offered by the YOP is setting new benchmarks in the industry, and thanks to its special automated impermanent loss protection feature, the platform is increasingly finding favor with the investors.
Expressing delight in this partnership, the founder of the YOP, Atif Yaqub, said that this would be a wonderful opportunity to bring new-age innovations in the decentralized finance (DeFi) space. This collaboration will help not only both organizations but also the entire industry by redefining standards of transactions, speed, and security. Specifically, the whole landscape of DeFi is expected to receive a shot in its arm in terms of its adoption potential.
This collaboration is aiming to develop projects that will feature among the top projects in the decentralized technology space. The co-founder chief and executive officer of Modefi, Ryan, also expressed confidence that this collaboration would bring new innovations to the fore and help in making the DeFi space more feasible and easily accessible for investors in the coming time.