Penguin Finance Join Forces with SolanaPrime
Penguin Finance, a liquidity-as-a-service platform for Solana, announces its strategic partnership with SolanaPrime.
Penguin will provide a one-stop treasury management solution that includes swap, bonding, and staking for projects launched on SolanaPrime.
Penguin Finance is a one-stop treasury management service that offers liquidity bonding and vesting. Instead of renting liquidity, a protocol can use the bonding service to purchase its liquidity.
Protocol-owned liquidity stays with the protocol through a downturn and can help it survive over the long term.
“Given our mutual focus on the Solana ecosystem and the desire to help projects become even stronger within the network, our partnership with SolanaPrime is a natural step towards achieving just that. We look forward to working together and incentivizing long-term community participation for projects that use the SolanaPrime launchpad.” — Arsene, Marketing Director at Penguin Finance
Liquidity is essential to the success of a protocol, especially in DeFi. As a result of the partnership, Penguin Finance will provide SolanaPrime with a one-stop treasury management solution that includes swap, bonding, and staking for projects launched on SolanaPrime.
About Penguin Finance
Penguin is a Liquidity-as-a-Service Platform that offers a one-stop solution for treasury management such as swap, bonding, and staking. A protocol can utilize the bonding service to acquire liquidity instead of renting it. Protocol-owned liquidity can help a protocol survive in the long run by staying with it during a downturn. Instead of fostering short-term involvement, token vesting will allow protocols to match their incentives and communities with their long-term goals.
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About SolanaPrime
SolanaPrime is a Solana-powered, fully decentralized IDO launchpad platform. It serves as the primary market gateway for the next generation of DeFi, GameFi and Metaverse dApps to launch on the Solana ecosystem, either as direct token participation in the IDO or indirect exposure to SolanaPrime in its entirety.
Website ♦ Twitter ♦ Telegram ♦ Discord
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