Duet Protocol Listed on DeFi Lama

May 06, 2022 2:26 AM EDT | Source: Luna PR

Singapore, Singapore--(Newsfile Corp. - May 6, 2022) - A parallel universe that turns Flat Assets into Sharp Assets, Duet Protocol is now listed on DeFi Lama, the largest TVL aggregator for DeFi. DeFi Lama provides fully transparent and open-source data for over 800 #DeFi protocols from over 80 blockchain networks.

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Source 1: Duet Protocol lists on DeFi Lama

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The Duet Protocol token $DUET listing will ensure locked liquidity of over 2 million in the DeFi Lama pool. This achievement will help Duet achieve its vision of building an on-chain parallel financial world governed by DAO to allow users to create and allocate capital to any assets in the world.

Duet Protocol is a community-oriented platform that offers several features such as Algo based hyper-collateralization model, hassle-free diversification, yield enhancer, market maker mechanism, duet bond, and a DAO. The project has been gradually gaining momentum, which the listing will fuel.

As the project grows, Duet Protocol aims to keep the community in the loop, and for that purpose, the project is hosting a community call on May 5th, 1 PM UTC. The community call will be led by Antonin, Duet Product Manager, and ZW, the Duet BD Head and Core Member on the platform's Discord channel.

There will be four sections for the Duet Community Call. First, the introduction will include a brief introduction from the speakers, then a live session with Q&A with the community, market sharing, and a quiz session.

Duet Protocol aims to become the entry point of liquidity providing. This reserve capital system supplies liquidity for almost all DeFi protocols in the ecosystem while generating a world of synthetic assets whose value is entirely backed by their reserves.

About Duet Protocol

Duet Protocol is a multi-chain synthetic asset protocol that provides additional utility to assets in the blockchain ecosystem. The project is a synthetic asset minter built on Yield Aggregator that automates yield farming, maximizing returns and releasing additional liquidity. The project aims to become the entry point for liquidity providing.

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