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Bolide
DeFi yield aggregator
- 1-20 employees
- B2C
- Cryptocurrency
- Investing
- Financial Services
- Automation
- Westminster, London, UK
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Company mission
Bolide's mission is to save investors time, money and earn them the highest possible yields.
Our take
The rise of crypto has led to a number of additional investing methods - one of them is yield farming, which in turn led to the rise of yield farm aggregators. Bolide is a freshly launched addition to this area. The aggregator operates on Ethereum and Binance Smart Chain, allowing users to invest in stablecoins and generate yields returned in the Bolide’s $BLID token - there’s also a DAO in development for BLID holders.
It offers strong results: 22% APY on a low-risk strategy, with increasingly higher risk strategies still in development that promise to offer investors up to 50%. It’s an attractive return for a highly passive investment decision: all strategies are algorithm-based - users simply invest in one of a small handful of stablecoins, and Bolide does the rest without requiring lock-up periods or imposing withdrawal limitations.
These latter points could prove particularly attractive. Stablecoin investment will largely shield investors from the worst tumult of the notoriously volatile crypto market. Moreover, the flexibility offered by the lack of lock-up period favourably distinguishes Bolide from the majority of yield farming offerings. It makes for an opportunity that should prove appealing to the increasing number of retail crypto investors, so it’ll be interesting to see where it develops.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Amazing team
- Payment at the end of the month
- Full-time employment
- Service Contract
- Paid holiday
- Remote