[ad_1] <br><div><p><strong>ADELAIDE, AUSTRALIA / ACCESSWIRE / December 19, 2022</strong> / DeFi protocol <a target="_blank" href="https://pr.report/o6cpGXfd" rel="nofollow noopener" data-ylk="slk:Fluidity" class="link "><u>Fluidity</u></a> has introduced that it's going to go dwell on the Ethereum mainnet on December 19.</p><figure class="caas-figure"><div class="caas-figure-with-pb" style="max-height: 540px"><div><div class="caas-img-container caas-img-loader" style="padding-bottom:56%;"><img class="caas-img caas-lazy has-preview" alt="Fluidity, Monday, December 19, 2022, Press release picture" src="https://s.yimg.com/ny/api/res/1.2/fAnrbFlkaRu0fUkP01d3EQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA--/https://media.zenfs.com/en/accesswire.ca/2c746a019ce164868b80c35b9e7b772a"/><noscript><img alt="Fluidity, Monday, December 19, 2022, Press release picture" src="https://s.yimg.com/ny/api/res/1.2/fAnrbFlkaRu0fUkP01d3EQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA--/https://media.zenfs.com/en/accesswire.ca/2c746a019ce164868b80c35b9e7b772a" class="caas-img"/></noscript></div></div></div><p><figcaption class="caption-collapse">Fluidity, Monday, December 19, 2022, Press launch image</figcaption></p></figure><p>The blockchain incentive layer, which rewards customers for swapping, buying and selling or performing any on-chain transaction with Fluid-wrapped property, will initially be launched on Ethereum with Solana, Arbitrum and Polygon to comply with.</p><p>Constructed round a totally secure, audited system, Fluidity capabilities as a spend-to-earn protocol, turning the standard yield-bearing mannequin on its head: reasonably than lending, staking or locking up digital property for an prolonged interval to earn yield, customers obtain randomly paid yields and enormous dividends that may vary from cents to thousands and thousands, merely for sending, receiving or swapping a Fluid-wrapped asset.</p><p>"4 or 5 years in the past, everyone stated DeFi might be the use-case that brings in a billion customers to crypto - however it really turned out to be NFTs and GameFi," says Fluidity Founder Shahmeer Chaudhry. "At Fluidity, we wish to gamify how individuals take into consideration spending cash, and our long-term objective is to reshape how individuals strategy spending."</p><p>Fluidity's wrapped property (Fluid Belongings) are secure cash, that means they're backed one-to-one with the underlying foreign money and will be redeemed by customers at any time.In accordance with Chaudhry, some 50-70% of all transactions will likely be yield-bearing, with rewards break up 80:20 between senders and receivers, the latter of whom can embody service suppliers. Dividends generated by the protocol derive from the cumulative yield created by each principal token deposited and lent on cash markets.</p><p>Customers of the spend-to-earn protocol can thus set off rewards by on a regular basis endeavors, resembling paying for meals, lease or petrol, interacting with a decentralized change (DEX) or NFT market, or taking part in blockchain gaming.</p><p>The fast-growing DeFi protocol has been working on each the Solana devnet beta and Ethereum testnet, with 50,000 customers (often known as ‘Fluiders') having already stress-tested the system by transacting and swapping.</p><p><button class="link caas-button collapse-button" aria-label="" title="" data-ylk="elm:readmore;slk:Story continues">Story continues</button></p><p>Conceived by sport designer Shahmeer Chaudry in 2021, Fluidity has obtained seed funding to the tune of $1.3 million from backers together with Multicoin Capital, Solana, Circle, and Lemniscap. Previous to its funding rounds, the mission additionally welcomed over $100,000 in growth grants from protocols resembling Compound, Solana, Polygon, Aave, Lido and RMIT Blockchain Innovation Hub.</p><p><strong>About Fluidity Cash</strong></p><p><a target="_blank" href="https://pr.report/YXH3Q5yI" rel="nofollow noopener" data-ylk="slk:Fluidity Money" class="link "><u>Fluidity Money</u></a> is an modern spend-to-earn protocol that rewards customers for transacting with secure Fluid-wrapped property. Launching initially on Ethereum earlier than transitioning to multi-chain, the protocol has been audited by Bramah Methods, Verilog Options and Hashlock, and obtained backing from Multicoin Capital, Solana, Circle and Lemniscap. Fluidity reimagines yield farming/liquidity mining, changing it with a sustainable utility mining mannequin that incentivizes real customers to discover completely different facets of the protocol.</p><p><strong>Media Contact:</strong></p><p>Dan Edelstein<br/><a target="_blank" href="https://news.google.com/__i/rss/rd/articles/mailto:pr@marketacross.com" data-ylk="slk:pr@marketacross.com" class="link " rel="noopener">pr@marketacross.com</a></p><p><strong>SOURCE:</strong> Fluidity</p><p>View supply model on accesswire.com: <br/><a target="_blank" href="https://www.accesswire.com/732370/DeFis-Spend-to-Earn-Protocol-Fluidity-Money-to-Launch-On-Ethereum" rel="nofollow noopener" data-ylk="slk:https://www.accesswire.com/732370/DeFis-Spend-to-Earn-Protocol-Fluidity-Money-to-Launch-On-Ethereum" class="link ">https://www.accesswire.com/732370/DeFis-Spend-to-Earn-Protocol-Fluidity-Money-to-Launch-On-Ethereum</a></p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMiT2h0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy9kZWZpLXNwZW5kLWVhcm4tcHJvdG9jb2wtZmx1aWRpdHktMTYyMDAwODk4Lmh0bWzSAVdodHRwczovL2ZpbmFuY2UueWFob28uY29tL2FtcGh0bWwvbmV3cy9kZWZpLXNwZW5kLWVhcm4tcHJvdG9jb2wtZmx1aWRpdHktMTYyMDAwODk4Lmh0bWw?oc=5">Source link </a>