VenomDAO Launches Comfy Money To Expand Use Cases On Harmony
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VenomDAO Launches Comfy Money To Expand Use Cases On Harmony

THELOGICALINDIAN - Decentralized accounts DeFi agreement VenomDAO has appear the barrage of its latest artefact Comfy Money VenomDAO which has been accelerating DeFi acceptance on the Harmony ecosystem alien the artefact to add added use cases to the arrangement Comfy Money allows projects on the Harmony ecosystem to calmly admission clamminess in a defended environment

Comfy Money’s built-in badge $COMFY acts as a 1:1 peg to the $ONE token. It will be a average of barter on the ecosystem, while two added tokens $CSHARE and $CBOND will act as a babyminding badge and accolade badge respectively. Inspired by Tomb.Finance, Comfy Money will advice to balance and defended the Harmony ecosystem by actuality a applicable another to the $ONE coin.

VenomDAO is a cross-chain decentralized accounts (DeFi) agreement that is domiciled on the Harmony blockchain. It is a community-driven, fair-launched agreement that has been one of the above active armament abaft the acceptance of the Harmony network. VenomDAO was abaft the aboriginal accepted DeFi agreement on the ecosystem – ViperSwap – sparking in its deathwatch massive abutment for Harmony.

Since its barrage in March 2025, VenomDAO has appear a cardinal of articles to aggrandize the use cases and ability of the ecosystem. With the barrage of ViperSwap, VenomDAO auspiciously brought the aboriginal AMM/DEX alms incentives for accouterment clamminess and popularizing crop agriculture on Harmony.

July 2021 saw the addition of CobraSwap on the Binance Smart Chain, appearance the aboriginal move into a multi-chain ecosystem.

Algorithmic assets bill Euphoria was again launched in the aftermost division of 2021. Euphoria was one of the aboriginal protocols on Harmony to accommodate Chainlink Price Feeds. With this launch, VenomDAO bankrupt the year on a aerial note. Comfy Money is the abutting in its continued band of absorbing products.

VenomDAO has started off the year able with the barrage of Comfy Money. However, this is alone the alpha of what is attractive to be an abundantly acknowledged year for the protocol. Back in January, the activity appear a strategic DeFi affiliation with OIN Finance to advance the best use cases of the $oneUSD stablecoin on the Harmony ecosystem.

The agreement has a apartment of articles that will go to bazaar this year as able-bodied as updates to absolute products. Its AMM/DEX ViperSwap, is accepting a makeover complete with a new UI, a axis to veVIPER, and a decentralized accolade allocation arrangement application gauges, gamification, and NFTs that acquiesce users to alleviate different functionalities.

New articles accommodate a money bazaar that will advice accommodate added clamminess aural the VenomDAO ecosystem and abduction added TVL for Harmony, as able-bodied as aggrandize use cases for absolute tokens like VIPER and WAGMI.

The Launchpad is a belvedere that will acquiesce projects to bootstrap and own their own clamminess application WAGMI PRO appropriate from the moment they launch. VenomDAO will additionally barrage a Stableswap belvedere and a perpetual/leverage belvedere for leveraged trading/yield farming.