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: 58.28%(-0.23%/24h)
ETH Dominance: 13.03%(+0.09%/24h)
Defi Market Cap: $159.36B(-13.40%/24h)
Total Market Cap: $4198.36B(+1.14%/24h)
Total Trading Volume 24h: $179.43B(+0.74%/24h)
ETH Market Cap: $546.89B
Defi to ETH Ratio: 29.14%
Defi Dominance: 3.71%
Altcoin Market Cap: $1751.68B
Altcoin Volume 24h: $110.56B
Total Cryptocurrencies: 36197
Active Cryptocurrencies: 9500
Active Market Pairs: 112380
Active Exchanges: 853
Total Exchanges: 11210
BTC: 122809.27$(-0.24%/1H)
ETH: 4532.24$(-0.2%/1H)
AVAX: 30.24$(0.49%/1H)
BNB: 1160.64$(-0.09%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.85$(-0.15%/1H)
DOT: 4.24$(-0.12%/1H)
UNI: 8.2$(-0.11%/1H)
CAKE: 3.29$(-0.72%/1H)
SUSHI: 0.71$(0.67%/1H)
ONE: 0.01$(0.13%/1H)