Bandot are thrilled to announce their partnership with RAI Finance
RAI Finance, a cross-chain transaction agreement based on the Polkadot network, announced establishing a partnership with Bandot. In the future, RAI Finance will integrate Bandot’s unsecured lending function and support Bandot mortgage derivatives to be traded in RAI Finance. RAI Finance will use Bandot’s mortgage derivatives to expand its scope of tradable assets, which will make it easier for other ETH public chain assets to link to RAI Finance.
Kevin Lee, CEO of RAI Finance, said: “I look forward to the cooperation between RAI Finance and Bandot, and hope that our cooperation can contribute to the prosperity of the Polkadot ecology and provide more liquidity for cross-chain asset transactions.”
CEO of Bandot said: “ Bandot is an open platform, and our team has a very high capacity of acceptance, and we are very glad to work with partners from Polkadot ecosystem or other ecosystems, to create a competitive DeFi aggregation platform.”
About RAI Finance
RAI Finance is a project to establish a decentralized finance (DeFi) ecosystem based on the Polkadot blockchain. Rai Finance, combined with Polkadot’s cross-chain technology, is established to complement the problems of building DeFi-based digital assets and supplying liquidity to existing distributed financial ecosystems.
About Bandot
Bandot is Polkadot’s stablecoin unsecured lending system, building a new paradigm of liquidity aggregation platform. Bandot, based on DeFi infrastructure, combing cross-chain features and is designed in multilayers, including a multi- ecosystem cross-chain bridge, a stable coin Swap center, vAMM liquidity strategy, and cross-chain unsecured lending, becoming a comprehensive and innovative DeFi aggregation platform.
📰 INFO
