Genius Yield launches its ISPO: Stake your ADA, Support new projects and Get the tokens of the new project
Genius Yield is a DeFi asset management solution implemented on the Cardano blockchain to deliver superior revenue optimization and high returns to users. Genius Yield has developed an AI-driven Smart Liquidity Management protocol that algorithmically automates asset allocation to maximize users’ annual percentage returns (APYs) while minimizing risk exposure.
High capital efficiency is achieved through the use of a concentrated liquidity DEX, similar in functionality to Uniswap V3, but completely redesigned from the ground up to take full advantage of Cardano’s UTXO-based ledger.
While DeFi offers many investment opportunities, managing capital is both complex and time consuming for most users. Genius Yield is an all-in-one solution that enables users to take advantage of advanced algorithmic trading strategies within an intuitive, hassle-free and secure platform.
Genius Yield is designed to address the complexity of navigating revenue opportunities in DeFi. Its mission is to democratize DeFi for all by providing best-in-class automated liquidity management, powered by AI.
In the spirit of financial inclusion, the platform has been created to cater to both sophisticated and novice DeFi users. At Genius Yield, we believe that knowledge is power. This is why we have created the Genius Academy, a community-driven educational and mentoring platform that teaches DeFi concepts and supports everyone in their journey to financial freedom.
What is an ISPO?
An ISPO is a revolutionary new fundraising mechanism that is more honest, inclusive, safer. It’s a unique and inclusive funding tool that allows the community to support their favorite project without investing their own capital, but instead using Cardano’s native reward incentive structure.
How can you delegate ADA to earn GENS tokens? By participating in the ISPO, the Cardano community can support the development of Genius Yield while earning GENS protocol tokens. To do this, users must use their wallets to delegate their ADA to Genius Yield’s stake pool (e.g. Yoroi and Daedalus).
An ISPO is a great way for DeFi initiatives to distribute tokens in an honest and decentralized way, while also getting community support. It poses no danger to delegates because, unlike an IDO, they do not have to spend their ADA to obtain protocol tokens.
Furthermore, due to its superior and unique Proof-of-Stake design, ISPOs are only available on the Cardano blockchain. Genius Yield is dedicated to taking full advantage of Cardano’s protocol, including a rigorous and UTXO first approach to product design and development.
We at Genius Yield believe that ISPOs have the potential to redesign the PoS blockchain ecosystem by providing benefits to all parties involved. Because most members of the crypto community have seen the many headline promises of the 2017-2018 ICO era, risks associated with IODs, the new ISPO model has a chance to earn their trust.
As more crypto projects turn to ISPOs for funding, investors will be able to support the projects they care about without fear of losing money.
Genius Yield ISPO basics
- Start date: December 15, 2021
- Deadline: June 15, 2022
- $ GENS Rewards: 10 million GENS
- Running for 36 Epoch (1 epoch = 5 days)
- Accumulated $ GENS rewards will be deducted from the delegate’s wallet after the Token Genesis Event.
The Daedalus or Yoroi slugs allow ADA holders to delegate their funds to a stake pool in exchange for strike rewards. To participate in the ISPO you will simply have to delegate to the stake pools of Genius Yield. In return, you will be rewarded with GENS tokens based on the amount of ADA staked and the length of strike. See our ISPO documentation for more details.