GovWorld X Teneo Finance: Strategic Partnership Announcement

3 min readOct 22, 2021

GovWorld & Teneo

We are excited to announce the formation of an alliance with Teneo Finance. 😎 A partnership entailing long-term value for our communities, opening up another door full of opportunities for our growth and development. Teneo Finance will be joining the PartnerFi program as ELITE partners which means when the $TENEO token goes live, Teneo community members will be able to stake the native $TENEO token as collateral for short-term, high-APY loans of USDT, USDC & DAI… as well as a series of other benefits brought on by the PartnerFi program.

What is Teneo Finance?

Teneo Finance is a multi-layered yield generation protocol based on the trading of pegged-tokens. Users can swap tokens for their ten-tokens counterpart and start earning fees generated from trading activities. Traders and arbitrageurs can earn from price deviations between ten-tokens. Liquidity providers for ten-tokens earn TENEO, the token powering the protocol. This creates a win-win situation for both traders and HODLers who no longer need to work against each other. Think of it as holding shares on an exchange and earning rewards from the trading volume. 💪

Wondering how all this works? Check out some of their links 👇

Helpful Links:

Benefits of the GovWorld x Teneo partnership

Our communities will enjoy many benefits through this historic strategic partnership so stay tuned, but to start, below are some highlights.

Our communities will benefit through…

Ability to access cash (stablecoins) against the value of their $TENEO tokens

We will also provide Teneo with:

Full control over the rules of the reverse loan feature on GovLend
A co-marketing channel

More details and the benefits they come with will be addressed later on and we have a lot more in store for our communities 😉

About GovWorld 😎

GovWorld is the first DeFi ecosystem of its kind, leveraging the power of the most customizable P2P, cross-chain lending protocol on the blockchain. Able to collateralize any approved altcoin or NFT for public or private loans of USDC, USDT, or DAI. This is where users can unlock their liquidity, retain tier-level benefits & staking rewards, and have 100% freedom to choose their terms.

🚀 🚀

✅ Innovative DeFi ecosystem.

✅ Collateralize any approved Altcoin for short-term cash* loans.

✅ Collateralize any NFT for short-term cash* loans.

✅ Choose your loan terms.

✅ High APY% opportunities for lenders on USDT, USDC, DAI.

✅ Maintain tier & staking rewards while altcoin staked for loans.

✅ Limited time, strategic partner staking pools to earn $GOV.

✅ PLUS + + other cool DeFi benefits in the GovWorld ecosystem.

🚀🚀 *USDT, USDC, or DAI

Unlock Your Potential!… 🙌

Website: https://www.govworld.io/