Roseon Exchange has announced a new strategic partnership with Factor Dao, a leading decentralized finance (DeFi) platform. This partnership aims to offer more earning potentials for the Roseon’s 307K users by integrating Factor Dao’s indices and creating yield strategies for RoseonX, the gamified perpetuals DEX to be launched in Q2 on Arbitrum.
Allan Ta, the CEO of Roseon Exchange, said, “We are excited to partner with Factor Dao and provide our users with even more earning opportunities through their indices. Our goal is to offer the best possible experience for our users, and this partnership will help us achieve that.”
A spokesman of Factor DAO, said, “We are thrilled to partner with Roseon Exchange and expand our reach in the DeFi space. By integrating our indices into RoseonApp and creating yield strategies for ROSX, we can provide our users with even more ways to earn in the DeFi market. Factor will also integrate with Roseon assets including their native token, ROSX, and their DEX LP, ROLP. This will create a wider range of use cases for Roseon products as well as offering a new set of building blocks for strategists building on Factor, driving greater volume, TVL and fees for both protocols”
Roseon Exchange has been gaining popularity among cryptocurrency investors and traders for its user-friendly mobile app and gamified DEX. By partnering with Factor Dao, the platform can offer even more options and earning potentials for its users. Factor Dao, on the other hand, can expand its reach in the DeFi market by integrating its indices into Roseon’s mobile app and creating yield strategies for ROSX.
This partnership is a win-win situation for both companies and their users. With the integration of Factor Dao’s indices and yield strategies, Roseon’s users can enjoy even more earning potentials while Factor Dao can reach a wider audience in the DeFi market. The partnership also highlights the growing importance of collaboration in the DeFi space, where different platforms can work together to offer better services and experiences for their users.
Overall, this partnership between Roseon Exchange and Factor Dao is an exciting development for the DeFi market. It showcases the potential of collaboration and innovation in the crypto industry and provides users with even more opportunities to earn and grow their investments. With the promise of more updates and activities in the future, both companies are poised to achieve greater success and bring more value to the DeFi market.
About Factor DAO
Factor is a game-changer in the world of on-chain asset management. With their cutting-edge middleware infrastructure, they provide protocols, treasuries, and individuals with the tools to create and manage powerful financial instruments. What’s more, their no-code platform empowers builders and asset managers to create innovative products, strategies, and vaults, all while earning fees and acquiring TVL. Investors can also easily build their portfolio, deposit and receive yield with a single click, thanks to Factor’s institutional-grade and scalable asset management on Arbitrum. And with their fully decentralized and sustainable revenue model, powered by the native $FCTR token, Factor is set to disrupt the industry from day one.
About Roseon
Roseon brings crypto adoption through user experience and gamification. Roseon currently has two products: RoseonX, a gamified perp DEX and RoseonApp, a one-stop mobile crypto app. Roseon is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web. Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.
Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook
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