Genius Yield is launching its ISPO: Stake your ADA, Support new projects and Obtain the new project’s tokens
Genius Yield, a DeFi asset-management solution on Cardano Blockchain to maximize yield optimization and provide high returns for users is called Genius Yield. Genius Yield has developed an AI-powered Smart Liquidity Management protocol that algorithmically automates asset allocation to maximize users’ annual percentage yield (APYs) while minimizing risk exposure.
High capital efficiency is achieved by leveraging a concentrated liquidity DEX, similar in functionality to Uniswap V3, but completely redesigned from the ground up to fully benefit from Cardano’s UTXO-based ledger.
DeFi offers many opportunities for investment, but managing capital can be time-consuming and complex. Genius Yield offers all-in-one software that allows you to use advanced algorithmsic trading strategies in an easy-to-use, safe, and reliable platform.
Genius Yield was developed to solve the problem of finding DeFi yield opportunities. Genius Yield’s purpose is to decentralize DeFi by providing the best-in-class, automated liquidity management using AI.
The platform is designed to accommodate both novice and experienced DeFi users. Genius Yield believes knowledge is power. Genius Academy is a community-driven education and mentorship platform. It teaches DeFi concepts to help everyone on their path towards financial freedom.
What exactly is an ISPO and how do you define it?
The ISPO is an innovative new method of fundraising that’s more equitable, inclusive and secure. It is a unique and inclusive financing tool that allows the community to support their favorite project without investing their own assets but instead leveraging Cardano’s native reward incentive structure.
What is the best way to delegate ADA in order to get GENS tokens By participating in the ISPO, the Cardano community can support Genius Yield’s development, while earning GENS protocol tokens. To do so, users must use their wallets to delegate their ADA to Genius Yield’s stake pool (e.g. Yoroi, Daedalus
A DeFi initiative can use an ISPO to get community support and distribute tokens fairly and decentralizedly. There is no risk to the delegators as they are not required to spend their ADA for tokens.
Because of the superior Proof-of-Stake technology, ISPOs can only be obtained on Cardano’s blockchain. Genius Yield is devoted to fully utilizing Cardano’s protocol, including a rigorous and UTXO-first approach to product design and development.
Genius Yield thinks that ISPOs can help to revitalize PoS blockchain ecosystems and provide benefits for all involved. Because most members of the crypto community have seen the many hollow promises of the 2017–2018 ICO era, risks associated with IODs, the new ISPO model has a chance to earn their trust.
Investors will have the opportunity to invest in crypto projects by turning to ISPOs to fund them.
Basics of Genius Yield ISPO
- Start date: December 15th, 2021
- Date of expiration: June 15, 2022
- $GENS Reward: 10,000,000 GENS
- Running for 36 Epoch (1 epoch = 5 days)
- Accumulated $GENS rewards will be airdropped to the delegator’s wallet after at the Token Genesis Event (time of minting).
ADA holders have the option to use Yoroi and Daedalus wallets in order to transfer funds to a stake pool to receive staking rewards. To participate in the ISPO you will simply need to delegate to Genius Yield’s’ stake pools. GENS tokens will be awarded in return based on how many ADA you staked and how long you staked. For more details see our ISPO documentation.