Plasma.Finance & Socket Partnership

Plasma.Finance announced an exciting partnership with Socket.

Following up to a month full of new updates, Plasma.Finance is excited to announce its brand-new partnership with Socket, bringing new ways to unify the DeFi ecosystem and enable seamless asset & information transfer between different protocols. Asset management across different chains is essential to Plasma, and will bring a definite opportunity for community members to conduct decentralized transactions across different chains!

A new instant token bridge on Plasma.Finance for all major tokens supports 8 chains: Ethereum, Optimism, BSC, xDAI, Polygon, Fantom, Arbitrum, Avalanche.

Aggregating all DeFi assets, liquidity pools and saving deposits requires efficient processes with an ability to seamlessly swap across different chains. Indeed, this brand new partnership will solidify Plasma’s mission to offer decentralized asset management, improving our user experience, liquidity fragmentation, and true interoperability to community members!

About Plasma.Finance

Plasma.Finance provides a simple route toward Decentralized Finance. Invest, store, and manage any DeFi token with ease via our DEX supporting ETH, BSC, Polygon Avalanche, Fantom, Celo, and many other tokens.

About Socket

Socket empowers users with true interoperability, building apps as a core part of their technology. Thanks to Socket, developers can break through multi-chain problems and build unified apps with shared liquidity states across different chains! To facilitate efficient asset transfers across chains, Socket’s Liquidity Layer brings all asset bridges into a single metal bridge. This technology enables users to automatically select the proper bridge/route based on developer choices such as cost, latency, and security. Additionally, Socket’s Data Layer allows programs to go beyond chain boundaries and design efficient protocols.

📰 INFO

https://medium.com/plasmapay/plasma-finance-partners-up-with-socket-ad0bf7d91527