Propel to provide DeFi-as-a-Service
We are excited to announce yet another partnership, this time; it’s a popular, fast-growing multichain DeFi data network — Unmarshal.
Propel has now formed a partnership with Unmarshal, a chain-agnostic blockchain data provider in the DeFi space. The partnership will allow Unmarshal to utilize Propel’s DeFi-as-a-Service (DaaS) modules to implement Single asset and LP Staking solutions within its ecosystem.
Unmarshal is a multi-blockchain data indexing network that provides customizable data streams and management solutions for DeFi applications. It implements significant levels of automation to enable the creation of custom data indices. The simplified and structured data can be retrieved in multiple formats like rich APIs, Push Notifications, WebSocket, Analytics, and Insights for DeFi applications.
Designed as a developer-friendly platform, Unmarshal enables developers to access rich, decoded, and indexed on-chain data from any blockchain with just a single line of code. It also offers tools like Notification Engine, DeFi State Engine, API Engine, Token Store, Profit, and Loss Engine and Tax Module, which can be readily integrated into existing platforms.
Unmarshal supports Ethereum, Binance Smart Chain, Polygon, Polkadot, Solana, Near, Algorand, and Elrond blockchain protocols, with more to be added soon.
Propel’s Solution for Unmarshal
The all-in-one multichain blockchain infrastructure provider, Propel, provides plug-and-play smart contracts, tools, and staking solutions as a part of its DeFi-as-a-Service, Metaverse-as-a-Service, and Staking-as-a-Service offerings. These highly customizable modules can be modified as per the needs and readily integrated into new and existing blockchain projects. Propel’s solutions undergo extensive testing and audits, ensuring the highest quality and security standards. By implementing Propel’s solutions, projects can drastically cut down their development time and costs. It also helps them maintain a competitive edge by quickly enabling rapid iterations and new feature additions.
As a part of the partnership with Unmarshal, Propel will be providing the DaaS Staking/LP Staking module to enable single asset Staking and LP Staking features for $MARSH holders and liquidity providers. With the new feature in place, the Unmarshal community will stake their tokens on any supported blockchain and earn staking rewards.
Propel’s Staking and yield farming smart contracts have passed Zokyo’s security audit with flying colors. The integration of the Propel Staking/LP Staking module into the Unmarshal ecosystem is just the first step in what could potentially be a fruitful partnership over the long term. Both Propel and Unmarshal offer complementary multi-chain solutions in the DeFi sector, opening the possibility of a more comprehensive combined offering to DeFi and metaverse projects in the future.
Meanwhile, Propel is preparing to organize the public sale of its native $PEL utility and governance token. $PEL token sale will take place on the Hot Cross platform starting Dec 7, 2021. The token sale will be followed by the official launch of $PEL staking and farming features. The whitelisting process has already begun; find all details <here>.
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.
Find Unmarshal online:
Learn more about Propel: