LaCucina Collaborates With MDEX and Beefy.Finance, Gives Flexible Staking -Breaking
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LaCucina Collaborates with MDEX, Beefy.Finance and Offers Flexible Staking- LaCucina has partnered with MDEX & Beefy.Finance.
- LaCucina employs Binance Smart Chain (BSC), technology.
DeFi continues to dominate the cryptocurrency world thanks to its unending technological development. LaCucina (a fair DeFi engagement platform) is now in the spotlight as it announces that its January launch on Binance Smart Chain and the BSC network. Network users will enjoy faster transactions and lower fees by using BSC technology.
The network shared information on its partnership with MDEX (a top decentralized cryptocurrency exchange) and Beefy.Finance (a high-APY, secure multi-chain yield optimizer). In detail, this partnership enables LaCucina to boost its users’ rewards on coins staked at those third-party platforms through an engaging and fun benefits program. LaCucina’s Head Chef said,
LaCucina was created out of the desire to offer attractive incentives to users in order to promote and encourage participation. LaCucina is unlike any other DEXs or farms that offer such flexibility. This results in biased rewards that make it difficult for small players to enjoy DeFi.
LaCucina’s Head Chef added, “LaCucina is planning on being the most impartial launchpad for crypto projects, facilitating direct engagement between projects and users and allowing projects to directly reward users for their engagement with the project. LaCucina’s roadmap for the near future offers a truly special product and aims to set a new standard for launchpads.”
The network will be deploying Ovens to selected liquidity pools on MDEX and Beefy’s Vaults. The Ovens track transactions and award users according to a variety of parameters, such as liquidity timing or length. Users who link their wallets with LaCucina, and take part in the targeted pools for the specified time period will receive additional benefits.
MDEX will also offer $LAC liquidity pool farms, and reward liquidity providers who use its $MDEX token. Beefy.Finance is launching a vault in support of the MDEX farm. This will increase liquidity providers’ benefits. To claim your rewards, users don’t have to transfer their staked positions to LaCucina. This platform doesn’t offer native staking, but it does provide an additional reward option on top of decentralized farms and third-party exchanges.
Weso is the Head of Strategic Partnerships for Beefy Finance.
Our goal is to maximize profits for users when they use their crypto. LaCucina’s vision is geared toward the same goal, which makes it a perfect partner. We are pleased to provide our customers with more value through their investments without additional costs and welcome more investors to our platform.
All users that have contributed liquidity to MDEX, PancakeSwap and Sushiswap during the previous months are eligible for retroactive perks. Its network’s flexible engagement or Cooking Pans will ensure accurate processing of stake rewards and prioritize other things such as the staking time, duration and other parameters. Small users can achieve more with a committed and well-timed engagement.
LaCucina offers users a novel and exciting way to earn NFTs, which will increase their reward. In particular, the LAC tokens can be used to get secret ingredients or special NFTs, such as “Space Mushrooms” and “Martian Worms.” These NFTs representing interstellar food ingredients are released on an on-going basis and vary in rarity and nutritional value.
Moreso, LaCucina users can put several ingredients together to “cook” a new NFT of a different type—a Reward Boosting Dish such as pizza, pasta, or zuppa. To increase the reward share, each Dish comes with a multiplier which its owner can activate at any Oven. These multipliers may range anywhere from one to 10 depending on how rare or nutritious the ingredients are.
Liquidity providers are a central pillar for any decentralized crypto exchange,” says KIKO, CMO of MDEX. “Without their support, such projects cannot function. Users should be given incentives to place their tokens in liquidity pools. This will help enable the wider crypto ecosystem. Projects like LaCucina are a critical piece. We are excited to continue this partnership.
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