Pandora Partners with Plutos Network to enable cross-chain asset wrapping and swapping between chains
Pandora is thrilled to announce the strategic partnership with Plutos Network, a multi-chain synthetic issuance & derivative trading platform which introduces mining incentives and staking rewards to users. Pandora acts as the bridge connecting off-chain assets and on-chain systems, which can help and co-build Plutos Network into a fully-grown Defi synthetic hub. With Pandora’s help, Plutos network is witnessing faster and easier integrations in leveraging real-world assets.
Pandora team will be working with the Plutus Network developer team in the following aspects:
- Plutos Network will be utilizing our SDK to tokenize real-world high-quality assets, which offers us a faster way to launch new markets for users to mint and trade.
- Plutos Network will integrate Pandora Protocol into its multi-chain structure.
- Tokenized real-world assets on Pandora will also be available for trading on Plutos Network.
- Both sides will work together in building bridge modules to enable cross-chain asset wrapping and swapping between chains including BSC, Polkadot, Polygon, Avalanche, etc.
“ We finally found a toolkit that can help with tokenization of real-world assets. The beauty of Pandora SDK and middle-layer technology is what we need the most in order to offer a large variety of synthetic assets. With Pandora’s help, the building of Plutos Network marketplace will be speeding up in a great deal” — Juan Capilla, CEO Plutos Network.
“Enabling on-chain and cross-chain liquidity is undoubtedly the next big thing in the industry, and Plutos Network has done a commendable job in pushing the Defi industry to the next level. With the strategic partnership of Plutos network and Pandora, the user will get benefits of Liquidity induction in their NFTs along with cross-chain transaction functionality.” — Pushkar Vohra Ceo & Founder of Pandora Finance.
About Plutos Network:
Plutos Network is a multi-chain synthetic issuance & derivative trading platform which introduces mining incentives and staking rewards to users. By integrating blockchains such as Solana, Polkadot, and BSC, enabling on-chain and cross-chain liquidity and trading. Plutos Network is to offer users synthetic issuance and trading services for a wide range of synthetic products which are sustainable, profitable, and disruptive to the traditional derivative market.
About Pandora:
Pandora Protocol provides the platform where any real-world asset can be traded in a trustless and frictionless way via NFT. We are leveraging the existing blockchain infrastructure and building a middle-layer Pandora protocol on top of it. This middle-layer will help any real-world asset get tokenized in NFT, which can be traded globally anywhere
