Global payment platform PlasmaPay has integrated a feature that allows users to enter the decentralised finance (DeFi) market, with support being added for 34 new DeFI tokens.
Popular DeFi tokens like Dai, Curve, Band Protocol and Algorand have all been added alongside Uni, Comp and Monero.
The tokens will also be available on the platform’s portfolio management service named Plasma.Finance.
Ilia Maksimenka, CEO of PlasmaPay, said: “PlasmaPay is laser-focused on lowering the barriers to DeFi, bringing the benefits of decentralised finance to the masses. PlasmaPay is making it incredibly easy to access the DeFi sector through its app, as well as its native PPAY token. That promise comes a step closer thanks to the range of tokens that can now be easily purchased through the platform.”
The upgrade also enables the purchase of yearn.finance tokens (YFI), with support for yVaults to Plasma.Finance.
Plasma.Finance is also integrating 7 yVaults into its ecosystem, each with its own reward profile. The yVaults are USDT, USDC, DAI, yCRV, crvBUSD, crvBTC and y3Crv.
In November, Coin Rivet reported on PlasmaPay’s strategic partnership with Elrond, which users with a fiat-on-ramp solution for those wanting to invest in DeFi.
For more news, guides and cryptocurrency analysis, click here.
George Town, Grand Cayman, 22nd November 2024, Chainwire
Las Vegas, US, 1st November 2024, Chainwire
From digital art to real-estate assets, NFTs have become a significant attraction for investors who…
Singapore, Singapore, 21st October 2024, Chainwire
HO CHI MINH, Vietnam, 17th October 2024, Chainwire
London, UK, 16th October 2024, Chainwire