A yield farming treasury across multiple chains, Orange Financial, has announced the launch of a public mint starting on the 1st of February 2023.
Reportedly, Orange Financial is the sole non-fungible token project to provide rewards in stablecoins via yield farming to its users. The company wants to take it one step further and launch a multi-chain treasury for yield farming.
NFT holders can obtain yield via farming opportunities and DeFi assets created by Orange Financial. All the harvesting and compounding are automatically performed for holders through the Treasury. Furthermore, the platform can route returns via USDC, which makes the process more secure and convenient for holders looking to diversify hands-off.
Orange Financial’s new launch comes with features such as stablecoin rewards for users, instead of native tokens. This means that holders obtain real yield instead of volatile assets prone to devaluation. The Treasury has no fixed interest rates and is without a native token. Instead, the payout schedule depends entirely on the conditions of the market and it will be posted weekly.
Orange Financial is native to Polygon and NFT holders do not have to interact or stake once their NFTs are minted. The rewards are directly airdropped to each holder’s wallet. The NFTs can be placed in cold wallets without necessitating an internet connection.