Revolutionary DeFi Platform, CODI Finance Set To Launch Staking Feature
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
CODI Finance is set to release its upcoming staking feature in March, after recently listing its native token $CODI on top crypto ranking site, Coingecko, and leading DEX, Raydium.
CODI Finance, which launched in September 2021, has made significant inroads into the Solana ecosystem by providing innovative solutions to the Solana ecosystem's pressing needs, such as an IDO launchpad and a lending and borrowing protocol. CODI Finance is an entirely open and decentralized ecosystem comprised of three services: an IDO Launchpad, a DEX, and a decentralized lending and borrowing protocol.
CODI's most recent accomplishment was listing its native and governance token, $CODI, on Raydium, a leading decentralized exchange in the Solana ecosystem. CODI Finance listed on Raydium in the second week of February, making good on its promise to list on a decentralized exchange in the first quarter of 2022. The listing of $CODI on Raydium is supported by deep liquidity and instantaneous trading. In addition, it provides an alternative method of purchasing $CODI tokens for users who prefer not to trade on centralized exchanges.
CODI is a DeFi ecosystem based in Solana that aims to transform the current Solana IDO launchpad landscape. CODI Finance intends to entirely rely on a DAO governance model, with the CODI community running and owning the ecosystem. Last year, CODI Finance also integrated with leading oracle provider Chainlink to secure price feed pools.
Furthermore, "$CODI" holders will be able to stake their tokens on CODI's platform for a fantastic APY shortly. To give every user an equal chance, staking is divided into five tiers, and the rewards vary
Read more on cryptonews.com
