Plethori Cemented A Partnership With Kylin Network

Published on: 30.04.2021

The first decentralized cross-chain investment platform for open trading and creation of trustless ETFs, Plethori, gracefully announced its partnership with Kylin Network

Kylin Network is building a cross-chain platform Powering the data economy on Polkadot ecosystem. They collect, analyse and supply a wide range of data feeds, including that from non-primary indicators such as social sentiment, KOLs influence, on-chain querying, wallet diversity and number of holders.

 

Through this partnership, Kylin data system will supply Plethori’s smart contracts with accurate, secure and timely real-world live data feeds, which will be used to drive the dynamic rebalancing of Plethori’s ETFs. Kylin will also facilitate the collection and analysis of Plethori’s ETF trading and price data.

Plethori will also include Kylin Network’s token $KYL in several of their V1 Platform’s ETFs, including the premier Polkadot ETF, Oracle ETF and DeData ETF

 

ABOUT Plethori

Plethori is a Cryptocurrency ETF Investment Platform that allows open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions.

 

ABOUT Kylin Network

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot

 

RESOURCES:

kylin.network

plethori.com

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