KardiaChain x Bounce.finance to enable one-stop-shop for NFT and DeFi users
With the current excitement from the community since we introduced the Zodiac Trade & Hunt event and the KAI Zodiac Hunger Game, one can speculate a huge room for growth in NFT use cases. That is absolutely correct! There is a vast number of NFT use cases we are exploring. NFT can be combined with other use cases to create an unique experience for the users. How about NFT and DeFi experience?
Thus, we are excited to announce the partnership with Bounce Finance, a decentralized token swap platform built on Ethereum and Binance Smart Chain, to help combine NFT and DeFi use cases for KardiaChain. KardiaChain can make rare Zodiac animals and auction on Bounce NFT platform. The new feature Bounce NFT Lottery would allow KAI holders to have DeFi experience by auctioning off the Zodiac NFTs that they have obtained from previous and upcoming KardiaChain events. This partnership allows us to work together to launch the next NFT Auction Campaign.
Tri Pham, CEO of KardiaChain stated: “We are aiming at a complete ecosystem for our NFTs. With this partnership, KardiaChain is coming closer to the one-stop shop for NFT-enthuiastics where they can craft, trade, hunt, and swap NFTs. Furthermore, they can also exchange with partners and auction them off to buy/sell on the marketplace. This will be part of the promising feature DeFi Wealth Management in our KAI Membership app.”
Such a platform like Bounce Finance would become very attractive and powerful if it could integrate tokens on other blockchains dynamically. That is where the KardiaChain Dual Node comes in to solve the puzzle. With the Dual Nodes, Bounce Finance is allowed to form non-invasive cross chain communication in the most efficient and affordable way to expand their networks and user base to an unlimited number of partners. For Cross-chain compatibility, thanks to BEP-3, atomic swaps are enabled with Ethereum. Binance Chain and Binance Smart Chain have native cross-chain communication as well. It will open more opportunities for both projects to work together.
About Bounce Finance (BOT)
Bounce is a decentralized token swap platform built on Ethereum and Binance Smart Chain, allowing users to create swap pools with fixed or dynamic prices.
Built from Binance, Bounce has a decent part in Binance ecosystem and served the purpose of the ever-growing Binance vision. The heachache problem caused by ETH gas fee recently would be relieved when the Binance Smart Chain applies its full functions. Binance validators provide super-fast transactions for Bounce. The fact that BOT is one of the DeFi pools on Binance saving/staking will have constant attention in the staking use case as well as their list of partners. Both KardiaChain mainnet and Binance Smart Chain are upcoming notable topics and we believe this partnership would secure a concrete foothold in the DeFi and NFT space.
Read more about Bounce from Binance research lab: https://research.binance.com/en/projects/bounce
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