Concordium and Ahan partner to combine high yield Liquid-staking and Commodity-Tokenization to help small farmers

Concordium
March 11, 2024

Ahan is a liquid-staking platform developed by Kratos Innovation Labs. It enables users to stake stablecoins to gain exposure to the market of non-perishable agricultural commodities, bridging the gap between DeFi and real-world assets. Ahan empowers participants to earn attractive returns while supporting sustainable agriculture and smallholder farmers.

The partnership aims to empower farmers by providing them with the necessary liquidity to sustainably grow their yields, promote sustainable agricultural practices, and leverage blockchain technology to ensure the security of participants, lower administrative cost and enable new business opportunities that benefit the participating farmers and investors.

Aligning with Shared Objectives

We all know the agricultural sector faces numerous challenges, including limited access to capital for farmers, unfair pricing due to middlemen, and the need for sustainable practices. This often leads to distress sales by farmers and economic hardship, hindering overall agricultural development.

Concordium’s mission to foster secure and sustainable solutions resonates with Ahan’s dedication to empowering farmers and transforming the agricultural landscape. This partnership unlocks several key benefits:

Financial Inclusion: Farmer cooperatives gain access to capital through liquidity pools of stablecoins, enabling them to purchase produce at fair prices from smallholder farmers.

Sustainable Agriculture: Ahan’s focus on non-perishable agricultural commodities fosters long-term sustainability within farming communities.

Social Impact: Smallholder farmers benefit from improved market access, fairer prices, and increased economic resilience.

Investor Opportunities: Ahan offers attractive returns of up to 12% APY through its innovative staking model, appealing to users seeking exposure to sustainable and impactful opportunities.

Technical Innovation for Real-World Impact

Concordium’s secure and transparent blockchain technology underpins Ahan’s platform, enabling crucial functionalities. The newly released and open-sourced Low-Code Framework for RWA Tokenization on Concordium will be leveraged to assure faster and cost efficient implementation on the highest technical level while supporting compliance mechanisms that allow adjustable alignment with fast changing regulatory requirements. Transactions involving staking activities and agricultural commodity tokenization are recorded securely and transparently on Concordium’s blockchain.

This partnership represents a significant step forward in leveraging blockchain technology to address real-world challenges in the agricultural sector,” stated Satheesh Paddolker, founder and CEO of Kratos Innovation Labs.

Ahan leverages this technology to create liquidity pools of stablecoins, providing a reliable source of capital for farmer cooperatives. Furthermore, the tamper-proof nature of blockchain fosters trust and traceability throughout the agricultural supply chain.

Together, Concordium and Ahan empower farmers, promote sustainability, and offer attractive investment opportunities within the DeFi landscape.

Looking Ahead

The partnership has the potential to reshape the agricultural landscape in disadvantaged communities, promote financial inclusion, and propose a new solution to the liquidity challenges in the commodities market at large.

The platform is expected to launch in early Q2 2024.

Note: As an investor, you can now stake your EUROe stablecoin at low risk and with quick and easy unlock options.

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