Klever & Impossible Finance joint partnership to advance DeFi in Klever ecosystem
The partnership between Impossible Finance and Klever opens the door to a multi-chain ecosystem that supports the growth of DeFi liquidity and composability on Binance Smart Chain (BSC)
Calvin Chu helped build up Binance’s Staking and Launchpad initiatives and now, as a Council Member and Builder at Impossible Finance, Calvin is leveraging his experience to bring new crypto projects to market.
Impossible Finance aims to reimagine decentralized finance as a multi-chain incubator, launchpad, and swap platform which offers a robust product-first ecosystem that supports top-tier blockchain projects through Initial DEX Offerings (IDO) across many sectors such as DeFi, DEXs, NFTs and infrastructure.
Impossible Finance connects IDO projects to targeted users and audiences with ease, and Klever’s 3+ million KLV users will now benefit from the low fee liquidity bridge to Impossible Finance through Klever Swap, as well as IF, IDIA, and future IDO Staking.
“We at Klever are excited to work with Impossible Finance to integrate their products and services in the Klever ecosystem, and jointly advance the world of DeFi to the next level through this partnership.” — Dio Ianakiara, CEO & co-founder of Klever
The long-term partnership between Klever and Impossible Finance will incentivize the KLV, IF, IDIA, and future IDO liquidity growth across a variety of chains and offer a secure cross-pollination of users in the crypto space.
With a builder-first model, Impossible Finance focuses on launching top teams to ensure quality deal flow for investors and individual users.
In order to create a more accessible financial system, they introduced the Impossible Finance (IF) governance token and the Impossible Decentralized Incubator Access (IDIA) token for fair access to project launch funding.
And last but not least, they offer the Impossible Swap, a multipurpose dex that supports initial launch sales as well as secondary markets for any asset.
In doing so, they simultaneously create crowdfunding tools to bootstrap blockchain projects in a safe, fair and open manner for builders, as well as better positive-sum opportunities for investors and projects alike.
“Impossible is excited to help bring the IDIA and IF token ecosystems to the wide Klever wallet ecosystem and can’t wait to have worldwide participation in our launchpad thanks to the diversity of the Klever user base!” — Calvin Chu, Council Member & Builder at Impossible Finance
Impossible’s DeFi offering also offers layered security checks, composable code, and multiple audits and bug bounty programs to safeguard against any security risks. They have created a more accessible and inclusive DeFi model by prioritizing low fees and gas-efficient smart contracts in their technical architecture design.
DeFi Swap Stack is the foundation from which all other Impossible products and liquidity will be built upon. The swap, liquidity and staking modules are industry-proven products that align with what we want to do. Users can expect a variety of staking pools and rewards as we continue to improve liquidity.
Impossible Finance intends to level the playing field by building an open, fair financial system for all, with no competitive needs when it comes to financial freedom, values that Klever shares and upholds.
At first glance, pushing the envelope for DeFi often seems impossible. However, together with the right partners between Klever and Impossible Finance, coupled with transparency, fairness, and seamless decentralization, the impossible becomes possible.
If you need a refresher, let us recap what Decentralized Finance (DeFi) means:
A DeFi system enables the distribution of financial products through public decentralized blockchain networks, eliminating the middleman such as brokerages and banks.
A DeFi system functions by allowing buyers, sellers, lenders, and borrowers to interact in real-time with software-based middlemen, rather than with a company or institution facilitating the transaction.
About Impossible Finance
Impossible Finance is a multi-chain incubator, launchpad, and swap platform led by Ex-Binance & DeFi veterans.
It offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences.
With extensive support from key leaders in the crypto industry, Impossible Finance simplifies DeFi for users to enjoy fairer investing, cheaper trading and better yields.