VuFi is an algorithmic elastic supply stable coin that aims to introduce more stability in cryptocurrency markets for the average user. This innovative collateral-backed stable coin uses the dollar inflation rate as the target price, which enables traders to hedge their overall portfolio against the wild swings in the global economy.
As the dollar is susceptible to inflation, it reduces the value of every asset during economic slowdowns. This could be stocks, bullion, real estate, futures and commodities, which are all valued in dollars. However, if a trader invests a part of the portfolio into VuFi, he can benefit from the expansion and contraction even when the inflation rates fluctuate. Additionally, the VuFi stable coin can also be used as a store of value when there are major market swings.
We have designed VuFi to serve as a safe haven in a time of great economic turmoil.
Please visit VuFi.Finance to discover more about VuFi. Read the whitepaper to get a comprehensive understanding of VuFi’s protocol. Please contact us if you are interested in becoming a partner.
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
