Following up on Don-key’s announced partnership with Bright Union, today the team is unveiling a second partnership — this time with Fireblocks — to tighten down as impenetrable security protocol as possible.
Fireblocks is the number one institutional asset management provider in the blockchain space, working with over six hundred major institutions to secure custody of their funds.
Having been featured on Forbes and honored with distinction by Microsoft, they were Don-key’s natural choice in selecting a security partner.
Specifically, Don-key will utilize their vaults to guarantee safe fund storage between strategies. This means that community deposits will only ever exist within designated farming protocols and Fireblock’s vault, giving DAPP users better peace of mind.
Fireblocks and Don-key’s Roadmap
Beyond custody as an important security milestone, Don-key’s integration of Fireblocks represents a critical step in Don-key 2.0. This is important because with Fireblocks, Don-key is positioned to automate the strategy creation process and empower users to build their own strategies with a drag and drop interface, AKA The Strategy Builder.
Don-key CEO Gil Shpirman said of the partnership: “At Don-key, our goal is to approach security from the perspective that the worst scenario is the inevitable one. We imagine holes and plug them systematically. Thanks to Fireblocks, we’re plugging a bunch all at once.”
About Don-key Finance
Don-key.finance is building the first social trading platform for yield farming, bringing together liquidity providers and yield farmers alike. For this reason, the community refers to Don-key as the eToro of Yield Farming, which is a title the team embraces wholeheartedly.
The goal of the platform is to eliminate yield farming’s infamous complexity and replace it with a seamless retail experience, streamlined to offer the most profitable and adaptive product on the market.
With just one-click users can route their liquidity — in whichever token they chose — through professionally designed strategies that are updated to chase the highest available APY while minimizing risk.
Competitive Yield Farming is a full-time job; Don-key does it, so you don’t have to.