HaloDAO Partners With YGG for Local Stablecoin Support for Simpler Cash Out
press release

HaloDAO Partners With YGG for Local Stablecoin Support for Simpler Cash Out

THELOGICALINDIAN - HaloDAO and Yield Guild Games are abutting armament

HaloDAO is partnering with Yield Guild Games.

HaloDAO Enables Simple Cas Outs

HaloDAO, a stablecoin exchange protocol, is alive with Yield Guild Games (YGG) to accredit YGG association associates to abutment simpler banknote outs in bounded regions with its adapted V1 stablecoin optimised AMM on Ethereum and Polygon. There will be a huge focus on accretion admission to Singapore and the Philippines and added high-growth regions. The cold of stablecoin abutment is to body out a Play-to-Grow model, whereby the gamers are empowered to go a footfall added from earning by acceptance them to abound those balance with crop agriculture and admission added DeFi applications.

In the accepted Play-to-Earn archetypal there abide accommodating organizations (called Guilds in the case of Axie Infinity) which accredit bodies after the startup basic to participate in crypto gaming of all kinds. YGG follows this archetypal and has enabled over 4,700 advisers to acquire added than 61 actor SLP to date. Since its inception, players accept appear earning upwards of $400, which has accurate to be acute for families throughout the lockdown period. This is abnormally accurate in areas area earning opportunities are limited—YGG and crypto gaming in accepted accept the ability to change abounding lives.

After advisers acquire their SLP, they usually either authority assimilate it or chase for means to banknote it out—the closing of which is one footfall HaloDAO affairs to improve. Instead of artlessly affairs all of their balance into fiat, the project’s P2G archetypal enables advisers and added crypto gamers to catechumen that assets into their bounded stablecoins and acquire yield.

HaloDAO and YGG are architecture banking accoutrement and amalgam with Discord to acquiesce users to clue their performance, accretion crop on top of their earnings, advance in their own academic teams, and more. The two organizations embrace the ambitious spirit of play-to-earn gamers and accredit them to do added with their hard-earned income. YGG architect Gabby Dizon said of the collaboration:

“YGG is allowance bodies from all over the apple accretion according admission to the income-earning opportunities in crypto, and this accord with HaloDAO DeFi articles improves their income-earning capacity.”

HaloDAO is currently alive with assorted bounded bill stablecoin issuers and constructed stablecoin protocols to ambition the regions of South-east Asia (Philippines, Indonesia, Singapore), Latin America, Europe, United Kingdom, and Hong Kong to abutment the use of these bounded stablecoins aural decentralized finance.

Together, HaloDAO and YGG can actualize a approaching in which players can invest, acquire and absorb crypto easily—building a bigger approaching for their families.

For added information, acquaintance Jun Yong at [email protected]