Top DeFi dApps Aave, 1inch, and Kyber Now Live on ONTO
We are delighted to officially announce our collaborations with Aave, 1inch, and Kyber, three of the world’s leading DeFi dApps.
The announcement coincides with our plans to unveil the upcoming #DeFiOnONTO campaign, part of the ongoing ONTO NFT Medal Challenge. During the campaign, users who have visited and used any of the services ranging from depositing, lending, swapping, or trading on any of the Aave, 1inch, or Kyber DeFi dApps can automatically claim a May NFT medal. 1,000 ONG will be available to 20 lucky users who have successfully claimed a May medal, with successful candidates receiving 50 ONG each.
Commenting on the announcement, Andy Ji, Co-founder of Ontology, said, “We are very excited to initiate our cooperation with Aave, 1inch, and Kyber — partnerships that will help to define our 2020 highlight reel. This represents a great opportunity for Ontology users to broaden the scope of their engagement with our platform, and opens the door to dynamic cross-platform community initiatives and marketing collaborations.”
Stani Kulechov, CEO of Aave said, “Accessibility is a core component of DeFi and what we think the future of finance should look like. Partnering with ONTO boosts this by making it easy to manage Aave and all your DApps from one convenient place.”
Aave’s market size is over $69 million, less than five months since its MainNet launch, a record growth for DeFi. It currently boasts over 6,300 users, recently breaking its record for unique daily lenders with 276.
Sergej Kunz, Co-Founder of 1inch said, “1inch is excited to collaborate with the Ontology project. We see the potential of the Ontology technology and a vast community of its users. This collaboration fits perfectly with the goals of 1inch and will allow both communities to explore each other’s products.”
1inch is a DeFi aggregator and a decentralized exchange with smart routing and a total volume of over $270 million and more than 7,400 unique users. Over 600 assets are listed on the 1inch exchange, and the average daily volume exceeded $2 million in the past 90 days.
Sunny Jain, Head of Product, Kyber Network said, “Kyber is glad to be integrated within ONTO, Ontology’s official crypto wallet, as one of their recommended dApps. We look forward to helping thousands of their users swap tokens easily and securely.”
Kyber Network, a fully on-chain liquidity protocol, is the most used and integrated project in DeFi and home to over 100 dApp integrations, with $1 billion in total trading volume, and over one million completed transactions since inception.
We are delighted to work with these three top DeFi dApps to further expand the scope of the Ontology platform and bring more blockchain applications to our ONTO users and community.
Find Ontology elsewhere
Ontology website / Ontology GitHub / ONTO website / OWallet (GitHub)
