Sheesha Finance, a comprehensive DeFi solution for investors to easily access a variety of projects while troubleshooting locked-down crypto assets issues, and Plasma Finance, a DeFi dashboard with the most popular DeFi applications in one place , today announced a partnership to make sustainable and convenient. -to use asset management services for DeFi.
Working together, Sheesha Finance and Plasma Finance seek to alleviate these problems by providing professional tools for easy asset management, leveraging Sheesha’s unique staking model and Plasma’s all-in-one DeFi platform. Sheesha Finance embraces full transparency and integrity and gives investors easy access to a diverse DeFi portfolio as ecosystem participants are rewarded with various DeFi tokens when they deploy SHEESHA tokens or Liquidity Provision (LP) tokens. Plasma Finance’s platform simplifies the decentralized financing market for any type of investor by helping users manage their portfolios using a single interface, providing an attractive solution for institutional and retail investors alike.
“Plasma Finance has been a bastion in the DeFi space since 2018 and has reached an incredible number of milestones. These milestones have created an ecosystem where people can trade / trade, create liquidity pools, stake out, govern, lend, borrow, yield farming and fiat on / off disaster. This ecosystem is not just a holistic DeFi platform, it is one that has been tested and developed for several years. Plasma Finance has proven itself to be the industry leaders, particularly because of their Top, Middle and Web3.0 capabilities, ”said Saeed Hareb Al Darmaki, founder of Sheesha Finance. “Working with them makes sense as Plasma Finance is in line with the Sheesha Finance ethos; one that offers transparency and ease of use for people who want exposure in the DeFi space. “
“At PlasmaFinance, we remain true to our goal of democratizing finance and bringing DeFi to the masses,” said Ilia Maksimenka, CEO of Plasma Finance. “For this to happen, we need partners who want to work on the same critical aspects of industry improvements: safer and more responsible aspects that will bring much-needed security and sustainability. That’s why Sheesha Finance makes sense as a logical team to work with. ”
To mark the partnership, Plasma Finance will soon release details of the SHEESHA token listing on PlasmaSwap, with a move to open a liquidity pool afterward.
In addition, Sheesha Finance will be able to further develop their ecosystem by combining efforts with the Plasma Finance Alliance, which encompasses the blockchain and application infrastructure with a mission to decentralize the centralized financial services (CeFi) sector, PlasmaPay; a fast, secure and liquid decentralized exchange (DEX) for institutional and professional traders, PlasmaSwap; and a public blockchain designed for DeFi, central bank digital currency (CBDC), decentralized autonomous organization (DAO) and payments, PlasmaDLT.
Earlier this month, Sheesha Finance successfully completed their round of funding through an innovative token distribution mechanism known as a Liquidity Generation Event (LGE) with more than $ 9.44 million US raised in two weeks. The founding team started Sheesha Finance and will eventually transfer control of the ecosystem to the original token holders through a DAO to maintain transparency and integrity.