Konomi Network Has Partnered With MathChain

Published on: 10.07.2021

This collaboration will allow MathChain to support Konomi with the Parachain slot auction, crowd loan, and wallet integration, enabling significant changes in Konomi’s system.

MathChain focuses on smart wallets, massive adoption, go-to-market and inclusive blockchain applications.

Konomi Network, on the other hand, is a cross-chain devolved money market protocol that supports assets within various blockchains.

This partnership between Konomi Network and MathChain will allow Konomi Lend to integrate Math wallet for asset management. Konomi Lend will also add Math tokens as a borrowed asset and provide the option to be a collateral base on the governance of the community.

About MathChain

MathChain is a layer 2 blockchain based on Substrate to allow for massive adoption, easy go-to-market, and inclusivity for diverse blockchain applications. Its core product is MathWallet, which has millions of users around the world.

MathWallet is a multi-platform universal crypto wallet that enables token storage of 60+ chains, including BTC, ETH, Polkadot, Filecoin, EOS, Solana,
BinanceChain, and Cosmos.

About Konomi Network

Konomi is a decentralized money market protocol built using Polkadot’s Substrate. Konomi is working to provide active money markets across the entirety of the Polkadot ecosystem, as well as expand and integrate into cross-chain networks. By introducing a fluid market for cross-chain crypto assets, Konomi hopes to provide an overall better user experience that is accessible regardless of the native network the end user prefers.

➡️Source:
https://konomi-network.medium.com/konomi-network-forms-partnership-with-mathchain-421b03b66d58

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