Dexance x ONUS Chain Partnership Announcement

Dexance
2 min readDec 27, 2022

We are thrilled to announce the partnership between Onus Chain and Dexance. After a period of research and development, Dexance has been officially integrated into the ONUS Chain network, providing a complete DeFi experience with a variety of features. Dexance is excited to launch vault on Onus Chain, the vault makes it easy for our users to participate in Farming Pools on the ONUS Chain ecosystem with attractive APY.

Vaults are investment instruments that employ a specific set of strategies for yield farming. They make use of automation to continually invest and reinvest deposited funds, which help to achieve high levels of compound interest

Stake your LP tokens on the particular farms (ownership of specific pair’ tokens is obligatory) to get rewards.

Manual on how it works :https://docs.dexance.io/earn/farm

About Onus Chain
ONUS Chain is built on the Proof of Stake Authority (PoSA) consensus mechanism. As a result, ONUS Chain offers fast transaction speeds, low transaction costs, and deterministic finality, which means that transactions can hardly be reverted like other networks. This is achieved while remaining decentralized and open source.

ONUS Chain is designed with better architecture and security in mind. The recent exploits on other blockchain platforms illustrate the importance of having a diverse and decentralized group of validators and node operators securing the chain. The native token — ONUS will be used to incentivize other node providers to support decentralization on ONUS Chain.

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Dexance

A Cross-Chain Automated Market Maker (AMM) and yield farming on Avalanche Chain