Shield Finance + Blockbank Partnership
Shield Finance will deploy Market Crash Protection contracts for $BBANK + Blockbank will add $SHLD token to their mobile wallet.
Shield Finance ($SHLD) is excited to announce a partnership with Blockbank ($BBANK) — a company developing AI-powered mobile banking platform that will allow the users to maximize gains and minimize unnecessary losses on their investments.
Summary
- Shield Finance will deploy Market Crash Protection contracts for Blockbank. These contracts will allow the $BBANK token holders to buy protection against a potential crash due to market-wide sell-off. $BBANK token holders will have a right to sell $BBANK at a guaranteed price (no matter what the market price will be). More information: Market Crash Protection.
- Blockbank will add $SHLD token to their mobile wallet, exposing it to a broader audience of investors & traders.
Denis Gorbachev, CEO of Shield Finance, said: “Blockbank team is very enthusiastic about their users & their product - we’re excited to support them by deploying Market Crash Protection contracts for their token, and we’re looking forward to other collaboration opportunities”
Keldge D’Cruz, CEO of BlockBank, said: “Protecting our users from market volatility is one of our major objectives, we are thrilled to partner with Shield Finance to help us achieve this. Shield Finance Market Crash Protection guarantees the price at which users can sell their crypto, deploying this new feature to BlockBank’s app adds a new layer of security for our users.”
About Blockbank
BlockBank is developing an AI-powered, traditional mobile banking experience with seamless crypto integration.
BlockBank's vision is to create an all-in-one crypto application that simplifies the user experience without compromising security, privacy, or decentralization. We aim to combine the best of DeFi and CeFi worlds in one place, incorporating patented AI technology to bring financial empowerment to clients.
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About Shield Finance
Shield Finance is a multi-chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to hacks, exploits, rug pulls, sell-offs, and other black swan events. We are currently integrating multiple insurance providers to provide our users with reduced slippage and expansive coverage.
