DeFi Startup Revault Partnered With Quantum Economics: Report

The Defi startup Revault partnered with Quantum Economics according to a joint statemetn that we have in our latest crypto news today.

DeFi startup Revault and Quantum Economics which is a Fintech research company led by Mati Greenspan revealed that they will partner in a joint announcement. Revault Network got on to the vault scene with its aggregator vault strategies. While indexing vaults in the market, Revault enabled users to deposit funds in the best vaults at any time. The CEO of Quantum Economics Mati Greenspan noted:

“There’s no doubt that DeFi lies at the heart of the crypto revolution. It is also a core component of our strategy and focus at Quantum Economics. By aligning with revolutionary products like Revault, we are not only benefiting ourselves, but the entire crypto ecosystem.”

The Israel-based crypto startup founded by Uriel Peled and David Benchimol aims to become the “Google search for DeFi.” They categorize DEFI into three layers with lending and swap protocols making up the first yield farming the second and then the vaults as the third layer. Revault markets itself as the fourth layer being an aggregator of vault strategies that serve as a  relay protocol designed to deliver the top performers to any given asset at any time. This means that Revault rebalances the position whenever a new vault takes the lead or an active vault gets compromised screening the markets for vaults that have higher APY and robust security levels.

Revault is built to maintain and optimize the asset’s position 24/7 and it doesn’t compete with other vault projects or any APY but simply relies on funds. Upon discovering a better vault option, Revault alerted users and enables them to move their funds from an old vault to an optimal one. The co-founder Uriel Peled said:

“Quantum Economics is a team of global market experts and DeFi veterans that connect to our vision at Revault. This gives us a lot of confidence in what we are doing. We both see Revault as a great tool for onboarding the masses to DeFi and helping to facilitate the change in the economical hierarchical order.”

Source: https://www.dcforecasts.com/altcoin-news/defi-startup-revault-partnered-with-quantum-economics-report/