MSafe has announced the integration of Tortuga Finance with MSafe dApp Store. The announcement was made on Twitter through the official handle of MSafe, receiving mostly positive responses for the news.
Tortuga Finance is one of the few places that allows its users to stake APT and receive tAPT in return. Simultaneously, users can continue participating in the Apro DeFi Ecosystem. It has built its community on Discord and Twitter with a core focus on routing stakes only to trusted validators.
According to Tortuga Finance, validators handling the workload have experience in securing Proof of Stake blockchains. The aim is not to let users worry about choosing the best validators. tAPT distributed in response to staking APT can be utilized across the ecosystem.
MSafe is also known as Momentum Safe. It is a digital asset management solution that has been constructed on Move. It can better be assumed to have characteristics like multi-signature and non-custodial digital asset management solutions. Its service includes providing secure wallet services for DeFi, or decentralized finance systems.
What makes MSafe one of the best options for users is its dedication to staying decentralized with enhanced security and full interoperability. Its framework allows users to buy, stake, swap, lend, borrow, and trade within the framework of the ecosystem. MSafe has so far partnered with major industries like DeFi, GameFi, the Web3 hacker community, the NFT marketplace, and digital asset wallet developers.
It is backed by partners, including Coinbase Ventures, Circle Ventures, Spartan, Shima Capital, and SVAngel. MSafe is known for its security since a number of top-tier auditing firms are employed to audit the proprietary chain-level security system. The interoperability feature is backed by the mechanism that allows developers to integrate MSafe with any decentralized application on Move. With this, developers and users can sit back to enjoy a better way to manage digital assets.
One can begin the journey to be with MSafe dApp Store by first integrating their wallets into the platform.MSafe provides three major offerings, namely Treasury Management, Smart Contract Deployment, and Protocol Admin Control.
Treasury Management includes management of the fund, DAO treasury, management of project tokens, and payrolls. Smart Contract is being leveraged by various platforms. Once with MSafe, the offering can be used to access smart contract deployment and upgradation of a smart contract. Protocol Admin Control brings three major features. These are the ability to change protocol key parameters, halt operations during an emergency, and revise the way the community is rewarded for its actions.
Getting Tortuga Finance on board is a milestone that follows the success of raising a $5 million seed round with the objective of accelerating its growth. The seed round was led by jump_crypto and saw the participation of all the partners mentioned earlier.
Tortuga Finance integrating with MSafe dApp Store is a great step for both partners. MSafe adds another platform to the list, and Tortuga Finance is now backed by the secured offerings of MSafe.
Credit: Source link