Voyager Digital Continues Servicing the Emerging Decentralized Finance World Announcing New Initiatives in the DeFi Market

Rhea-AI Summary

Voyager Digital (CSE: VYGR, OTCQB: VYGVF) has announced the listing of yearn.finance and Band Protocol on its commission-free crypto trading platform, enhancing its DeFi offerings. yearn.finance enables yield optimization across multiple platforms, recently reaching over $35,000 per coin. Band Protocol serves as a decentralized oracle framework, bridging Web 2.0 and Web 3.0. The company aims to bolster customer access to the decentralized finance market and has introduced high-interest rates for crypto holdings, further expanding its user-friendly services.

Positive

• Listing of yearn.finance, which recently peaked at over $35,000, enhancing the platform's appeal.
• Inclusion of Band Protocol, providing a secure decentralized oracle framework.
• Introduction of high interest rates up to 9.5% on USDC, 6.5% on BTC, and 5% on Ethereum.

Negative

• None.

CSE: VYGR
OTCQB: VYGVF
Borse Frankfurt: UCD2

Company Announces the Listing of yearn.finance and Band Protocol To its Commission-Free Crypto Trading Platform

NEW YORK, Sep 9, 2020 /PRNewswire/ - Voyager Digital  Ltd. ("Voyager" or the "Company") (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a publicly traded, licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto assets, today announced new initiatives in the DeFi market, with the listing of yearn.finance & Band Protocol on its commission-free crypto trading platform.

As Voyager continues to expand the tokens and features available to its customers, the Company has also continued to offer customers the tools and assets needed to navigate and maximize access in the ever-changing crypto market.

yearn.finance offers customers the power to optimize decentralized finance yields across multiple platforms, such as Compound Finance (COMP) which is also listed on the Voyager platform, amongst others. yearn.finance's unique economic model has caused it to soar to recent highs of over $35,000 a coin.

Band Protocol provides a secure, blockchain-agnostic, decentralized oracle framework for Web 3.0 applications. It connects smart contracts with trusted off-chain data and ensures the integrities through token economic incentives, effectively creating a trusted information bridge between the Web 2.0 and the Web 3.0 of the future.

"As promised to our customers, we are continuing to expand our DeFi product offering, positioning Voyager as a safe and secure platform for crypto investors to garner exposure needed in the Decentralized Finance market," said Steve Ehrlich, Co-Founder and CEO of Voyager Digital. "To date, we have made several significant upgrades to our platform to enhance our user interface. As our recent slate of announcements has indicated, we are fully committed to the success of our Company and our overall customer experience."

In late August, Voyager listed another rising DeFi asset, Polkadot. The token is primed to be a major player in the space due to its interoperability and smart contract capabilities.

Earlier this month, Voyager announced its highest interest rates yet, giving customers the ability to earn up to 9.5% on USDC, 6.5% on BTC & 5% on Ethereum. Voyager also added DeFi assets Kyber Network - the largest DeFi Token - and Chainlink LINK to its interest program.

For more information on Voyager Digital, please visit https://www.investvoyager.com. The Voyager App is available for Android and iPhone.

About Voyager Digital Ltd.
Voyager Digital Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers customers best execution and safe custody on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information and to review the latest Corporate Presentation.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.

Cautionary Statement Regarding Forward-Looking Information: The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise it to reflect new events or circumstances. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.

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SOURCE Voyager Digital (Canada) Ltd.

FAQ

What cryptocurrencies were recently listed by Voyager Digital on their trading platform?

Voyager Digital recently listed yearn.finance and Band Protocol on its trading platform.

What is the significance of yearn.finance's recent peak in value?

yearn.finance reached over $35,000, indicating strong market interest and potential for yield optimization.

What interest rates is Voyager Digital offering on crypto assets?

Voyager is offering interest rates up to 9.5% on USDC, 6.5% on BTC, and 5% on Ethereum.

How does Band Protocol contribute to Voyager's services?

Band Protocol provides a decentralized oracle framework that connects smart contracts with trusted off-chain data.

What is Voyager Digital's strategy in the DeFi market?

Voyager aims to expand its DeFi product offerings, enhancing customer access and experience.