Given that most DeFi projects are now haunted by low APY and high price volatility, I have been wondering if there is any new approach to resolve this problem in the existing yield farming model.
So, minutes ago, I came across a DiFi project called Dividednz Finance which self claims to be the first DeFi protocol that offers both Yield Farming + Dividend Sharing. In a nutshell, it shares its revenue with its token holders which makes sure that every token farm on the platform is backed by real assets.
I am stunned by this idea and think it would lead the next DeFi trend. Here is their whitepaper and TG. DYOR.
https://medium.com/@dividendzfinance/dividendz-finance-whitepaper-v1-0-6fa24870bc25https://t.me/DividendzFinanceIt could be the next big trend as investors definitely look for profitable solutions for their crypto but i think what is clear at the moment is that the defi projects should be more secure and error free because almost every week we hear news of hacks and stealing of funds from these defi smart contracts. So there is a long road ahead for defi projects to gain trust.