ECOSYSTEM UPDATE
Sheesha Finance Partners with Mercor Finance
DeFi mutual fund Sheesha Finance and trading platform Mercor Finance announced a new partnership to bridge algorithmic trading and retail investor strategy while supporting DeFi portfolio diversification.
Mercor Finance ( https://mercor.finance) is a social platform giving everyday cryptocurrency traders the opportunity to directly invest in complex algorithms. The Mercor Finance platform provides users with tools to develop and invest in algorithmic trading.
Using Mercor Finance, developers can access analytical tools, backtesting capabilities, and exclusive data, making investing in algorithmic trading publicly accessible and reducing barriers to entry.
In today’s market where large institutional investors are dominant, there is a lack of cooperation between private traders and developers. Mercor Finance facilitates cooperation, aiming to democratize the algorithmic trading market and increase access to exclusive advanced analytical data.
Sheesha Finance promotes investor accessibility via its unique mutual fund model specifically for investing in unique and promising DeFi projects. Through partnering, Sheesha Finance and Mercor will offer an opportunity for investors to diversify their assets and make smart decisions based on accurate data.
“The partnership between Sheesha Finance and Mercor Finance is strategic in several ways. We are able to leverage our communities to spread mass adoption, which is critical for blockchain development and bringing quality projects into the ecosystem,” said Saeed Hareb Al Darmaki, founder of Sheesha Finance.
“Mercor Finance’s algorithmic trading not only assists retail clients but also developers interested in backtesting data along with other key financial components. Projects like Mercor Finance provide easy solutions for retail investors which help drive mass adoption. We are very excited to partner with them on their journey.”
Mercor Finance will be hosting the first ‘Certified Start IDO’ on BSCstarter launching its $MRCR sale on May 26, 2021.
To be eligible for $MRCR as part of Sheesha Finance Project Partner Token Rewards, you will need to buy BEP20 SHEESHA tokens, and stake them on the Sheesha Finance Platform.
How to Buy $SHEESHA on Pancakeswap and stake your tokens
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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