Music and montage
Time passed when I wrote this appreciation. In that moment, I admired 30STM and what Jared Leto and company did. Still do, what they did in that moment. Now we know everything is really different…
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Sector x New Order Strategic Partnership
The partnership between New Order DAO and Sector Finance has been growing stronger with the goal of building a robust and sustainable DeFi ecosystem. The partnership aims to leverage Sector’s expertise in yield and risk management and the strength of New Order’s community and liquidity position to mutually benefit both ecosystems.
New Order DAO:
As part of the deepening partnership, New Order DAO will onboard TVL to Sector Finance Vaults. This collaboration provides a boost to Sector Finance’s TVL, generates additional protocol fees, and onboards a potential new set of depositors.
In addition, New Order DAO has pledged to allocate a 1.0% of its 7.5% $SECT token stake to Sector Finance’s ecosystem emissions. This commitment demonstrates New Order DAO’s long-term vision and support for the growth of Sector Finance.
Furthermore, New Order DAO expresses the potential to provide additional liquidity to Sector Finance as it enters Phase 2 of its evolution into a larger scale liquidity manager. This showcases New Order DAO’s commitment to being a strategic partner and contributing to the growth and development of Sector Finance in the long run.
Sector Finance:
As part of the partnership, Sector Finance will distribute liquid $veSECT ($lveSECT) tokens that will be locked for 3 months once converted to $veSECT. The distribution amount equates to 1.0% of total $SECT supply and will be made to $veNEWO holders in three equal tranches, starting next week and approximately every 3 months until the final third tranche.
Benefits to Sector Finance Ecosystem:
The deepening partnership between New Order DAO and Sector Finance brings several benefits to Sector Finance’s ecosystem, including:
The deepening partnership between New Order DAO and Sector Finance signifies the commitment of both parties to collaborate and drive the growth of the DeFi ecosystem and further enhance each other’s ecosystems.
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