PARTNER TOKEN DISTRIBUTION
Sheesha Finance have recently announced an exciting partnership with an up and coming player in the DeFi iGaming industry called Royale Finance. This partnership allows for leveraging the staking mechanism features of the Sheesha platform, innovating traditional DeFi blockchain staking, and brings additional value to all network participants by providing portfolio diversification while minimizing risk.
Who are Royale Finance?
Royale Finance are one of true the pioneers in the DeFi iGaming space, achieving true first mover advantage in this niche. Their purpose is to create Web 3.0 smart-backed funding solutions using DeFi primitives in order to support the innovation of iGaming products and platforms. The combination of iGaming rewards, uncorrelated to De-Fi crypto assets but powered by base layer De-Fi protocols, we call it iGDefi.
Royale Finance saw the massive potential in the iGaming industry and the potential for growth as this industry is expected to reach $127 Billion by 2027. This growth is expected to be led by online sports betting, online poker platforms, and online casinos. The current constraints of technology as well as barriers to entry for both users and iGaming entrepreneurs have slowed this development, and this is where Royale Finance is leading the way as they have developed a DeFi protocol that can help overcome these constraints.
Combining the power of DeFi with the quickly growing iGaming industry, Royale Finance aims to provide the platform needed to provide the best experiences for the DeFi protocol users, gamers and investors alike. Their protocol has built a trust-less system ecosystem where iGaming platforms can borrow capital to fund their business ventures via community smart-backed liquidity. The Royale community will provide liquidity in the form of a loan and receive stability fees from the iGaming platforms.
The growth of the DeFi ecosystem this year alone has captured more than $14 Billion in total value of crypto-assets locked into decentralized protocols. Royale believes this rush of innovation is the perfect complement to iGaming, resulting in a more fair, sustainable and optimal value ecosystem.
What makes this so powerful, and a trustworthy viable protocol is that a precondition for accessing smart-backed liquidity is that the Royale’s network participants must use provably fair technology, an algorithm that allows for a verifiable and a tamper-proof source of truth that sustains this trust-less network. Combined with the power of blockchain, Royale Finance will transform the iGaming industry from one that always suspects the house of foul play, to one that will have no other choice but to form trust between the house and the player, as well as the investor and borrower.
Through the Sheesha Finance platform, partnership with Royale Finance means that Sheesha Finance token holders can stake their Provision Tokens (LP) to continuously earn Royale Finance tokens ($ROYA) as well as other network tokens available under the Sheesha ecosystem. Increased participation in this program will greatly improve the overall metrics of Royale Finance, control the distribution of $ROYA in the market, curb inflation, and attract bigger investors looking to team up with valuable players in the DeFi/iGaming niche.
About Sheesha Finance
Sheesha Finance is a leading decentralized DeFi Staking Platform allowing for premium cryptocurrency portfolio diversification and rewards. Sheesha Finance rewards investors of any size, from small to large ticket holders, with unlimited DeFi tokens from a diversified portfolio of projects. Sheesha Finance’s easily convertible assets can be freely utilized to maximize rewards and gain exposure to existing and upcoming DeFi projects. With plans to become a member-managed Decentralised Autonomous Organization (DAO), Sheesha Finance is dedicated to upholding full transparency and integrity within the DeFi space.
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