Plutos Network Strategic Partnership with Pandora Protocol

Published on: 28.10.2021

Plutos Network is thrilled to announce its strategic partnership with Pandora, a leading protocol specialized in offering real-world asset tokenization in a trustless and frictionless way.

Pandora acts as the bridge connecting off-chain assets and on-chain systems, which can help and co-build Plutos Network into a fully-grown DeFi synthetic hub. With Pandora’s help, we will be witnessing faster and easier integrations in leveraging real-world assets.

Plutos Network developer team will be working with the Pandora team in the following aspects:

  • We will be utilizing Pandora SDK to tokenize real-world high-quality assets, which offers us a faster way to launch new markets for users to mint and trade.
  • Plutos Network will integrate Pandora Protocol into its multi-chain structure.
  • Tokenized real-world assets on Pandora will also be available for trading on Plutos Network.
  • Both sides will work together in building bridge modules to enable cross-chain asset wrapping and swapping between chains including BSC, Polkadot, Polygon, Avalanche etc.

“ We finally found a toolkit that can help with tokenization of real-world assets. The beauty of Pandora SDK and middle-layer technology is what we need the most in order to offer a large variety of synthetic assets. With Pandora’s help, the building of Plutos Network marketplace will be speeding up in a great deal. ” — Juan Capilla, CEO Plutos Network.

About Plutos Network

Plutos Network is a multi-chain synthetic issuance & derivative trading platform which introduces mining incentives and staking rewards to users. By integrating blockchains such as Solana, Polkadot, and BSC, enabling on-chain and cross-chain liquidity and trading, Plutos Network is to offer users synthetic issuance and trading services for a wide range of synthetic products which are sustainable, profitable, and disruptive to the traditional derivative market.

Email | Twitter | Medium | LinkedIn | Telegram | Announcement | GitHub | Telegram Korea

About Pandora

Pandora Protocol provides the platform where any real-world asset can be traded in a trustless and frictionless way via NFT. We are leveraging the existing blockchain infrastructure and building a middle-layer Pandora protocol on top of it. This middle layer will help any real-world asset get tokenized in NFT, which can be traded globally anywhere.

Twitter | LinkedIn | Telegram

SOURCE

Market Stats:
BTC Dominance: 59.98%(+0.05%/24h)
ETH Dominance: 11.8%(-0.19%/24h)
Defi Market Cap: $112.22B(-32.16%/24h)
Total Market Cap: $3357.16B(-2.61%/24h)
Total Trading Volume 24h: $162.57B(-40.04%/24h)
ETH Market Cap: $395.99B
Defi to ETH Ratio: 28.34%
Defi Dominance: 3.26%
Altcoin Market Cap: $1343.58B
Altcoin Volume 24h: $102.69B
Total Cryptocurrencies: 36478
Active Cryptocurrencies: 9342
Active Market Pairs: 116353
Active Exchanges: 889
Total Exchanges: 11405
BTC: 100902.52$(-1.22%/1H)
ETH: 3280.12$(-0.88%/1H)
AVAX: 15.82$(-0.3%/1H)
BNB: 933.77$(-0.12%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.52$(-0.46%/1H)
DOT: 2.57$(-0.33%/1H)
UNI: 5.17$(-0.54%/1H)
CAKE: 2.2$(-0.42%/1H)
SUSHI: 0.42$(-0.39%/1H)
ONE: 0$(-0.45%/1H)