IOST Partners with LinkFlow Finance to Expand DeFi Ecosystem

IOST Foundation
IOST
Published in
3 min readMay 6, 2021

On May 6, 2021, IOST is excited to announce a new partnership with LinkFlow to further expand the DeFi and Prime Brokerage sectors to the IOST ecosystem.

IOST x LinkFlow

Linkflow is a new digital asset service platform that provides seamless information on the broad cryptocurrency ecosystem, suggesting a way for customers to access a variety of digital assets. Recently, Linkflow token (Linkflow Token-LF) has been listed on Bithumb, one of the largest cryptocurrency exchanges based in South Korea, taking one step closer to the goal of building a more advanced prime brokerage and DeFi service platform.

The Ethereum network still has low transaction speed and high gas fee issues. Even after the Berlin hard-fork has been completed, there are no signs of improvement. Linkflow plans to expand to another protocol to tackle this situation. Linkflow would expand to the IOST protocol.

IOST is a next-generation blockchain that provides infrastructure for companies and developers to develop their ideas into services. IOST has a fast TPS thanks to its unique consensus mechanism POB(Prove-of-Believability). Furthermore, since the IOST network almost has no gas fee, it would help Linkflow to easily build its platform.

Chris Jung, CEO of Linkflow said, “Through the introduction of the IOST blockchain, we will be able to provide fast speed and reasonable fees to users of our platform. As the era of single blockchain protocol is over and the era of cross-chain has come, Linkflow is planning to join the trend.”

On top of the technology cooperation, IOST & Linkflow shall mutually benefit from the co-marketing efforts to expand the community. In addition, IOST will actively introduce existing connections (global partners, exchanges, audit team, project team, etc.) to strengthen the IOST ecosystem and collaboration.

About Linkflow Finance

Linkflow platform contributes to increasing transaction volume by using decentralized applications and blockchain technology to reduce risk and support active asset utilization while providing cryptocurrency prime brokerage services. It provides institutional and individual investors with detailed information such as positions in various cryptocurrencies, real-time valuation balance, deposit and withdrawal transaction history, major transaction trends, and volume analysis.

Join IOST Community

Supported by Sequoia, Matrix, ZhenFund, and other major investors, IOST is an enterprise-level blockchain platform developed for online service providers.

The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by experienced blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University.

With a two-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, over 400 nodes, top staking economy, and growing.

If you would like to hang out with the IOST community on chat, social media, or to discuss product development, we have something for everyone:

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