SpiderDAO announces partnership & LaU (Liquidity as Utility) program with RioDefi

MAY 5th 2021. SpiderDAO is delighted to announce a new partnership with RioDefi and will bring our LaU (Liquidity as Utility) program to their users and the wider community.

RioDefi’s mission is to accelerate the mass adoption of digital assets and they intend to do this by bridging traditional and decentralized finance through the development of their custom blockchain infrastructure called RioChain.

The ambitious project aims to attract Dapp developers and integrated projects to their blockchain and will be backed by a well-funded program of incentives and rewards to end-users in the form of $RFUEL tokens.

In the near term, they will also launch custodial services with existing banks and offer a debit card that will be integrated within their Rio wallet. In addition, a fully-fledged payment infrastructure called Rio Pay and a cryptocurrency lending and borrowing platform will also be included in the rollout.

The SpiderDAO/RioDefi LaU Partnership

Here at SpiderDAO, we are always looking to provide the very best in privacy solutions and utility for partners and their clients. There is now a unique opportunity for $RFUEL holders to fully secure their network connection through FREE access to SpiderDAO’s VPN service.

To obtain free access to the Spider VPN service, all end-users or $RFUEL token holders have to do is participate in the $RFUEL liquidity (LaU) mining programs. Details and instructions on how to participate can be found here:

How to participate in the RioDeFi LaU:

The RioDeFi Lau will be available here:

https://click.spidervpn.org/RioDefi-LaU

Our guides to LaU participation can be found here:

https://help.spiderdao.io/products/lau

“SpiderDAO is delighted to work with RioDefi as they build out their extensive roadmap,” said Nathan Varty, CEO of SpiderDAO. “We look forward to being able to provide RioDefi and their clients with industry-leading security and protection of their online privacy, as they help us build liquidity. We are excited to join up with RioDefi as more and more users access decentralized financial services through their excellent Rio Wallet and infrastructure and we look forward to offering a world-class VPN service to further enhance their experience.”

About RioDeFi

RioDeFi is a Blockchain technology company. Our mission is to accelerate the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services. To that end, we develop applications that connect people to digital assets, mobile payments, and DeFi services such as savings and lending. Our solutions enable lower transaction fees, faster confirmations, energy efficiency, secure storage, and global reach.

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About SpiderDAO

SpiderVPN provides a decentralized router-based VPN service for its users by using a dual-governance model which brings together hardware and software tools with on-chain elements. The team aims to build a new set of standards for Decentralized Autonomous Organisations to counteract the unfair distribution of voting power. Combining hardware safeguards and leveraging the Polkadot consensus mechanism, SpiderDAO establishes a whale-resistant mechanism whilst creating a highly scalable, interoperable and stable governance system.

Reach SpiderDAO on:
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SpiderDAO is the industry’s first hardware-enabled DAO that bundles multi-layered hardware and software tools on top of Polkadot. https://spiderdao.io

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