PRESS RELEASE. As Panther pushes in direction of the decentralization of our protocol from Day 1 with LaunchDAO, the first-ever non-public and decentralized challenge launch, the crew has unveiled a brand new, thrilling partnership.
Panther Protocol is partnering with ShapeShift, a family title of the crypto business. ShapeShift has taken courageous steps within the current previous, transferring from an alternate aggregator to an entire crypto administration platform, in addition to saying its full decentralization.
The mixing between ShapeShift and Panther will allow the development of privateness and information safety for customers of DeFi. ShapeShift, via its APIs, digital belongings and platforms, is a worthwhile pillar of the Decentralized Finance ecosystem, and can leverage Panther to realize the utmost degree of client safety, effectivity and privateness. Each groups will collaborate on analysis, deployment of privateness instruments, and for ShapeShift customers to take part in Panther’s staking program and governance.
The technical collaboration between each groups can even allow liquidity provisioning to Pather’s Multi-Asset Shielded Swimming pools.
Commenting on the partnership. Willy Ogorzaly, former Principal Product Supervisor at ShapeShift (now Head of Decentralization on the Fox Basis as ShapeShift strikes right into a DAO mannequin) acknowledged: “Panther’s mission to convey privateness and interoperability to DeFi protocols throughout chains aligns intently with the mission of ShapeShift DAO. We stay up for partnering with Panther to offer ShapeShift customers entry to unprecedented ranges of privateness of their DeFi journeys.”
To this, Panther Protocol’s CEO and co-Founder, Oliver Gale, added: “ShapeShift has been a pioneering platform within the march in direction of self-sovereign DEX infrastructure. The ShapeShift DAO is a serious step in direction of the fulfilment of the imaginative and prescient of decentralized alternate companies and Panther seems to be ahead to providing zAsset swaps with compliance optionality to the ShapeShift neighborhood.”
Since 2014, ShapeShift has been pioneering self-custody for digital asset buying and selling. The corporate’s net and cell platforms enable customers all over the world to soundly purchase, maintain, commerce and work together with digital belongings similar to Bitcoin and Ethereum. Be taught extra at ShapeShift.com.
About Panther Protocol
Panther is an end-to-end privateness protocol connecting blockchains to revive privateness in Web3 and DeFi whereas offering monetary establishments a transparent path to compliantly take part in digital asset markets.
Panther supplies DeFi customers with absolutely collateralized privacy-enhancing digital belongings, leveraging crypto-economic incentives and zkSNARKs know-how. Customers can mint zero-knowledge zAssets by depositing digital belongings from any blockchain into Panther vaults. zAssets circulation throughout blockchains through a privacy-first interchain DEX and a personal metastrate. Panther envisions that zAssets will turn out to be an ever-expanding asset class for customers who need their transactions and techniques the way in which they need to at all times have been: non-public.
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