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Panther Partners With ShapeShift to Add Interoperable Privacy to DeFi and Web3 – Press release Bitcoin News

PRESS RELEASE. As Panther pushes in the direction of the decentralization of our protocol from Day 1 with LaunchDAO, the first-ever personal and decentralized mission launch, the crew has unveiled a brand new, thrilling partnership.

Panther Protocol is partnering with ShapeShift, a family identify of the crypto trade. ShapeShift has taken courageous steps within the latest previous, shifting from an trade aggregator to an entire crypto administration platform, in addition to asserting its full decentralization.

The combination between ShapeShift and Panther will allow the development of privateness and information safety for customers of DeFi. ShapeShift, by means of its APIs, digital belongings and platforms, is a beneficial pillar of the Decentralized Finance ecosystem, and can leverage Panther to attain the utmost degree of shopper safety, effectivity and privateness. Each groups will collaborate on analysis, deployment of privateness instruments, and for ShapeShift customers to take part in Panther’s staking program and governance.

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The technical collaboration between each groups may even allow liquidity provisioning to Pather’s Multi-Asset Shielded Swimming pools.

Commenting on the partnership. Willy Ogorzaly, former Principal Product Supervisor at ShapeShift (now Head of Decentralization on the Fox Basis as ShapeShift strikes right into a DAO mannequin) acknowledged: “Panther’s mission to deliver privateness and interoperability to DeFi protocols throughout chains aligns carefully with the mission of ShapeShift DAO. We sit up for partnering with Panther to offer ShapeShift customers entry to unprecedented ranges of privateness of their DeFi journeys.”

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To this, Panther Protocol’s CEO and co-Founder, Oliver Gale, added: “ShapeShift has been a pioneering platform within the march in the direction of self-sovereign DEX infrastructure. The ShapeShift DAO is a significant step in the direction of the fulfilment of the imaginative and prescient of decentralized trade companies and Panther appears ahead to providing zAsset swaps with compliance optionality to the ShapeShift neighborhood.”

About Shapeshift:

Since 2014, ShapeShift has been pioneering self-custody for digital asset buying and selling. The corporate’s net and cellular platforms enable customers world wide to securely purchase, maintain, commerce and work together with digital belongings comparable to Bitcoin and Ethereum. Be taught extra at ShapeShift.com.

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About Panther Protocol

Panther is an end-to-end privateness protocol connecting blockchains to revive privateness in Web3 and DeFi whereas offering monetary establishments a transparent path to compliantly take part in digital asset markets.

Panther offers DeFi customers with absolutely collateralized privacy-enhancing digital belongings, leveraging crypto-economic incentives and zkSNARKs know-how. Customers can mint zero-knowledge zAssets by depositing digital belongings from any blockchain into Panther vaults. zAssets movement throughout blockchains through a privacy-first interchain DEX and a non-public metastrate. Panther envisions that zAssets will grow to be an ever-expanding asset class for customers who need their transactions and methods the best way they need to all the time have been: personal.

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