Pontoon and Propel partnership to leverage DAAS services
We’re happy to announce that Pontoon is going to work with Propel to integrate DaaS services like investor dashboard and vesting contracts, this will help the investors to access all the project details and drive transparency.
Propel is an unparalleled Blockchain Infrastructure Provider. Our Infrastructure includes MaaS (Metaverse as a Service) & DaaS (DeFi as a Service) along with SaaS (Staking as a Service) ecosystem.
Transparency is one of the core factors for all the DeFi applications to sustain long-term, with the partnership with Propel, Pontoon is going to leverage services like
The investor Dashboard module helps us to design token sale campaigns and manage tokenomics as per the vesting schedule.
Vesting contracts will help us distribute tokens, part of the seed, private and public rounds to be unlocked in a phased manner to ensure their efficient utilization. It also prevents token holders from dumping the tokens within a short time, thereby preserving the token valuation.
We’ve chosen Propel to integrate the DaaS service, which will drive transparency and a massive reduction in development time. — Venkatesh Karanalu CEO Pontoon Finance
About Pontoon Finance
Pontoon Finance, a blockchain solution that offers users one-click, decentralized liquidity mirroring across blockchains, such as Ethereum, Binance, Huobi, and Polygon. The protocol provides an Incentivized relayer network and liquidity mining for liquidity providers. It solves the challenges of looking to move assets from one chain to another. $TOON is the ERC-20 governance token of the protocol, empowering stakeholders to vote on proposals.
Learn more about Pontoon
About Propel Propel is a global blockchain infrastructure solutions platform that offers end-to-end plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Propel’s solutions are available for multiple blockchain ecosystems and include multichain capabilities. Propel holds the distinction of being the only provider offering DaaS, MaaS, and Staking solutions under a single umbrella.