Fire Protocol Partners with MahaDAO to Expand HECO Ecosystem
Today, Fire Protocol officially established a Strategic Partnership with MahaDAO to further develop the HECO eco-system. FireSwap, the DEX component of Fire Protocol will be onboarding ARTH as the first ERC20 asset to HECO via Fire Protocol. Two parties will also cooperate on joint-development of ARTH stable coin on Fire Protocol DeFi Loan Platform.
We see great value in our cross-chain wrapping, which will help MahaDAO to onboard to HECO, and seamlessly can bring MahaDAO assets to HECO. Our DEX will be used to facilitate any trading needed for MahaDAO assets, and Fire Protocol’s liquidity mining program would welcome ARTH as part of it. LP could stake, lend and borrow ARTH tokens on our platform. Once you have migrated or developed on HECO, onboarding of the MahaDAO community will be quicker.
About Fire Protocol
Fire Protocol is the first infrastructure to Huobi (Smart) Eco Chain (HECO), the first batch member of developers invited to test HECO (an Ethereum compatible Public Chain for Blockchain Developers).
Key products are:
⁃ DEX/Swap: Fireswap is fast and secure trading service; Liquidity Mining
⁃ Cross Chain Wrapping solutions to bring non-Huobi Chain assets via into the Huobi Ecosystem from various chains; eg Ethereum, Tron, Polkadot (in future)
⁃ Money Market with Lending and Borrowing ; fully integrated with our DEX > Liquidity Providers’ token on our DEX serve at the same time as collaterals on borrowing/ lending protocol > this is unlocking capital for ore liquidity overall
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