SpiderDAO Partners With Royale Finance

SpiderDAO
3 min readMar 2, 2021

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SpiderDAO is excited to announce a new partnership with Royale Finance, a cross-chain DeFi solution for the iGaming industry that implements a user-centric platform with provably fair games, bridging the gap between Centralized and Decentralized casino gaming.

Royale Finance unleashes the potential of igaming with its unique iGDEFI solutions. Currently, casino gaming is stifled by centralized finance with such issues as little or no liquidity, governance being left to a select few, and high barriers for iGaming entrepreneurs, culminating with a lack of accountability or transparency. Royal Finance offers a unique solution to these problems by:

  • Liquidity — Unlocking liquidity via a simplified DeFi platform
  • Governance — Royal Finances self-governing protocol DAO
  • Opportunity — With Shared liquidity it will give users lower barriers of entry

Through the partnership, Royal Finance will leverage SpiderDAO’s dual-governance DAO model in designing its ecosystem governance model, as well as utilize SpiderDAO’s decentralized VPN (dVPN) service to further secure Royal’s network, prevent ISP throttling and help reduce lag. As we advance, the opportunity for Royal Finance tokens holders to take advantage of staking rewards and SpiderDAO’s Liquidity as Utility (LaU) program will become available.

Matt Armstrong, of Royal Finance, had the following to say:

“ISPs are dampening our gaming experience by throttling services and introducing unnecessary lag and questionable privacy. At Royale, we seek to reduce the impact of the overreaching powers, enabling our users to access SpiderVPN services, we can restore the true experience that we all deserve.”

COO, Matt Armstrong.

Nathan Varty, CEO of SpiderDAO, on the partnership with Royal Finance :

“SpiderDAO are delighted to offer a solution to the ever-growing problem of deliberate ISP Throttling. The ability to enhance the gaming experience and protect security is a passion we share with the founders of Royale Finance. We believe firmly that data privacy and security is a basic human right and we strive every day to bring that commitment to as many users as possible”

About Royal Finance 👑

Royale Finance is an industry-focused decentralized lending protocol. Its purpose is to create Web 3.0 smart-backed funding solutions using DeFi primitives in order to support the innovation of iGaming products and platforms. The combination of iGaming returns, uncorrelated to DeFi crypto assets, powered by base layer DeFi protocols, we call iGDeFi.

Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn | Github

About SpiderDAO

Founded in 2020, SpiderDAO is the industry’s first hardware-enabled DAO that bundles multi-layered hardware and software tools on top of the Polkadot Network — a blockchain protocol with two goals: providing shared security among all connected parachains and allowing all connected chains to interoperate. SpiderDAO’s vision is to create a provable, open-source, decentralized VPN, as well as add a multi-layer privacy solution where users are not only secured through the DAO, but their networks are secured with Spider dVPN and adblocking. All user data is encrypted through dVPN to ensure that all network traffic is secured when leaving or entering the network.

Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn | Uniswap

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SpiderDAO
SpiderDAO

Written by SpiderDAO

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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