We are happy to announce our latest partner, ZeroSwap — a revolutionary DEX aggregation protocol.
As an emerging multichain blockchain infrastructure provider, Propel is collaborating with a wide range of crypto projects in the DeFi and Metaverse space to offer its reliable DeFi-as-a-Service (DaaS) and Metaverse-as-a-Service (MaaS) solutions. The latest project to become one of Propel’s distinguished partners is ZeroSwap –a multichain asset trading protocol. The partnership will allow ZeroSwap to use Propel’s staking contract modules to introduce passive income generation opportunities to its user base.
ZeroSwap Reshapes Decentralized Trading
ZeroSwap is a multichain compatible decentralized exchange aggregator protocol that offers the crypto community a flexible and inexpensive trading experience. The protocol enables users to execute on-chain trades on multiple blockchains, including Ethereum, Binance Smart Chain, Polkadot, Elrond, and more at zero-fees, which is a huge advantage considering the rising transaction costs on some popular blockchain protocols. The protocol achieves its mission by aggregating liquidity from multiple protocols to enable faster order settlement and routing. To further enhance its efficiency compared to existing standalone DEXs like Uniswap and others, ZeroSwap deviates from the AMM model to rely on a combination of market makers and quants over order books to exploit the price inefficiencies that exist across standalone chains.
Apart from a streamlined decentralized trading experience, ZeroSwap also offers attractive liquidity mining opportunities by enabling users to provide liquidity across multiple protocols through its platform to earn rewards in tokens that are part of the participating liquidity pools and more. Placing on-chain trades on ZeroSwap protocol is also an opportunity to get rewarded.
ZeroSwap’s other provisions include DeFi token offering, market-making suite for token offerings, and more.
Propel to Enable Staking Features on ZeroSwap Protocol
The leading multichain blockchain infrastructure provider, Propel is known for its highly customizable plug-and-play DeFi and Metaverse solutions. The smart contract modules offered by the platform can be customized to meet a diverse set of requirements any project in the space may have. In this partnership with ZeroSwap, Propel will be deploying DeFi-as-a-Service tried and tested Staking and LP staking smart contract solutions to enable staking features for the protocol’s native $ZEE and other supported tokens.
Initially, Propel will be in-charge of customizing and deploying the V1 Staking Contract for ZeroSwap. Following the successful launch, the partners will work together to integrate the V2 Staking contract in the near future.
Propel is a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Propel’s solutions are available for multiple blockchain ecosystems and include multichain capabilities.
Propel holds the distinction of being the only provider offering DaaS, MaaS, and Staking solutions under a single umbrella.
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