PLUTOS PARTNERSHIP WITH SLOPE.FINANCE
Plutos Network has made another excellent partnership. Plutos will be partnering with Slope.Finance handle integration of cross-chain asset bridging !!
The news, which was announced a while ago, was met widely with positive criticism and acceptance. Most of the positivity is due to the nature of the project being undertaken. If carried our successfully, it could mean a much smoother and quicker experience for users.
What is Slope.Finance about ?
Slope.Finance is a full-stack Solana Ecosystem Gateway that is mostly community driven; it consists of the mobile end DEX, Wallet and NFTs features. It is essentially a community-based decentralized exchange built on Solana, with quick speed, near-zero transaction fees, and an easy-to-use user interface.
With the aid of big names like Rarestone Capital, Solar Eco Fund, CMS, Huobi, Solana Capital, GSR, Alameda Research and others, Slope aims to create a powerful DeFi system. One of the best features of Slope.Finance is their Wallet; it happens to be the first cross-platform wallet built for Solana offering users an amazing experience in both areas of NFTs and DEX.
What are the advantages of this partnership ?
- Plutos and Slope will be working together to set up a channel for linking up a variety of ecosystems by creating a cross-chain asset bridging service. They would effectively be connecting ecosystems like Solana, Binance Smart Chain and Ether.
- The partnership will also benefit from the creation of a PLUT pool for users to trade through Slope DEX.
- They will be able to make the resulting hub to offer swaps between the above listed chains with the characteristics of lightning-fast speed, smooth transfers and extremely low fees on transactions.
Plutos Network has the intention of being fully connected to Solana in nearest future, as can be seen in their roadmap. At the same time, they expect to be integrated into the Slope Wallet by the time their link with Solana is concrete. This is because the Slope Wallet will aid in the assimilation of Solana users by offering dApp support so that these users can get the best Plutos Network experience via mobile.
This is another brilliant move by the folks at Plutos Network that keeps them clear of other platforms in the DeFi industry.