EthicHub and Double Join Forces to Elevate Social Impact Investing

Double
2 min readSep 14, 2023

Introduction

We are thrilled to announce that EthicHub, a platform dedicated to generating social impact by investing in small farmers, is partnering with Double, a DeFi primitive for AMM liquidity provision. This collaboration aims to bring prosperity and financial inclusivity to communities while rewarding token holders.

About EthicHub

EthicHub is revolutionizing the way we think about social impact investing. With a focus on small farmers, EthicHub has successfully funded over 500 projects and returned 100% of the capital to investors, more than $3.5M. The platform has garnered a community of over 2000 “Ethichubbers” united in making an impact.

About Double

Double is a DeFi protocol that enhances liquidity and doubles the return on investment (ROI) for capital providers. It operates as a permissionless protocol, making it inclusive and accessible to everyone.

The Partnership

The collaboration between EthicHub and Double aims to synergize the strengths of social impact investing and DeFi protocols. This partnership will allow EthicHub users to leverage Double’s liquidity provision features, thereby increasing the ROI for EthicHub investors.

A Strategic Move for $ETHIX Liquidity

One of the most exciting aspects of this partnership is its potential to significantly boost the liquidity of EthicHub’s native token, $ETHIX. By integrating with Double’s advanced liquidity provision mechanisms, EthicHub aims to create a more fluid and robust market for $ETHIX. This is a strategic move by the EthicHub team to not only enhance the utility and value of $ETHIX but also to attract more participants to its ecosystem.

Earning Yield on Unused tokens

Now, every Ethix token holders can deposit their assets into Double, and earn DDJ tokens on unused tokens sitting in their wallet. This is part of a new innovation that Double is pioneering in DeFi called Liquidity mining 2.0. The program offers a unique opportunity for token holders to help increase liquidity for the $ETHIX token.

Conclusion

In uniting EthicHub’s mission of social impact through empowering small farmers with Double’s DeFi capabilities in liquidity provision, we’re forging a new path in both responsible investing and decentralized finance. This partnership not only amplifies the return on investment for EthicHub’s community but also strategically boosts the liquidity of its native token, $ETHIX. This collaboration is more than a partnership; it’s a commitment to creating a more equitable and prosperous financial landscape for all.

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Double

Essential Liquidity Infra for L1, ETH L2 & BTC L2 - solve liquidity challenges for token projects & attract massive capital into blockchain & AMM ecosystems.