[PRESS RELEASE – Vaduz, Liechtenstein, June 10th, 2024]
Jellyverse, a community-driven DeFi platform, has announced the launch of its Jellyverse ecosystem and their decentralized exchange (DEX) JellySwap, serving as Balancer’s official representative on the Sei blockchain. The platform includes its ‘JellySwap’ DEX, ‘JellyStake’ staking solution, and a synthetics protocol called ‘jAssets’.
The platform integrates DeFi tools, and introduces DeFi 3.0 through jAssets, creating new ways of diversifying portfolios. New protocols include JellySwap, a Balancer friendly-fork, which will feature ‘WeightedPools’, supporting up to eight different tokens, and ‘composable stable pools’ enabling users to customize investment ratios with up to five tokens per pool. JellyStake staking protocol engages the community in governance, rewarding stakers with protocol revenues. jAssets, a synthetics protocol, allows…
