Sheesha Finance, deFIRE to Offer Crypto Solutions to Cardano Community
Sheesha Finance, a decentralized cryptocurrency mutual fund for DeFi investors, and deFIRE, a DeFi platform designed for the Cardano ecosystem, today announced a partnership to deliver crypto solutions to Cardano’s community and users. The partnership will focus on providing investors in promising DeFi project access and optimal execution for token swaps and order routing services on decentralized exchanges (DEXs).
DEXs are becoming increasingly popular for crypto users but between fees, liquidity pools and pricing, users have to estimate which swap will deliver the best value. Providing a solution, deFIRE offers a DEX aggregator where users can always achieve the best price for their token swap. It is the first of its kind within the Cardano ecosystem. Sheesha Finance supports innovative DeFi projects, such as deFIRE, and rewards investors of any size, from small to large ticket holders, with unlimited DeFi tokens from a diversified portfolio of projects.
“As DeFi continues to explode, it is important to have fair tools and resources available,” said Saeed Hareb Al Darmaki, founder of Sheesha Finance. “By partnering with quality projects like deFIRE that put the user interest at the forefront, Sheesha is supporting an interconnected thriving ecosystem with integrity.”
“We are excited to partner with Sheesha Finance and be part of their DeFi project roster,” said Mark Berger, president of the Occam Association, incubating deFIRE. “deFIRE will fulfill a critical role within the Cardano ecosystem by providing a DEX order router for the rapidly growing native token environment. Through our deep links with the blockchain industry, such as Changelly.com and Occam.fi, and this new partnership with Sheesha Finance, deFIRE is poised for success both during the IDO phase and beyond.”
deFIRE has created a low latency, decentralized order router, offering its services to the network of Cardano ecosystem-oriented institutional order flow originators and retail traders. It connects to the deepest pools of on-chain liquidity and has also built its own. deFIRE is incubated and supported by Occam.fi, a decentralized launchpad designed for the Cardano ecosystem, and powered by Changelly, a provider of cross-chain liquidity provision and trade settlement services. deFIRE has been audited by both Scalable Solutions, and blockchain security firm CertiK. The audits will soon be available for the public via Occam.fi’s website.