X Protocol Announces Strategic Partnership with Standard Protocol

X Protocol, a Web3.0 cross chain bridges technology and onchain data analysis infrastructure, with its mainly decentralized application X predict market, a new generation platform for Prediction, has extended its partnership with Standard Protocol, the first collateralized rebasable stablecoin protocol for synthetic assets that operates across multichain ecosystems, expanding into a Defi & Gamefi one-stop shop, granted with Shiden Network Builders Program, Polygon #DefiForAll Fund, and Polkadot Web3 Foundation.

Standard Protocol x X Protocol

Through the partnership, there are several milestones that will be achieved by both parties in the near future as both projects aim to achieve a chain-agnostic future.

Standard Protocol will support X Protocol by integrating its stablecoin, MTR, in X Protocol’s prediction market and NFT marketplace to expand its dAPP ecosystem.

X Protocol will support Standard Protocol to connect to different kinds of main chain through the cross-chain bridge system of X Protocol. Also, Standard Protocol Tokens can be added as settlement tokens for X Predict Market, which is the first dAPP available on X Protocol.

About X-Protocol

X Protocol -Polkadot based cross chain protocol that provides decentralized, safe and fast bridging solution.

It is designed to realize cross chain management of assets & data analysis aggregation between heterogeneous chains and expand business application scenarios through open application ecology.

X Predict Market is a decentralized-APP cross-chain prediction platform on X Protocol.

It is designed to provide diversified, automated, safety-oriented, high-yield, socialized forecasting services, allowing users to freely initiate predictions and governance of real events, discuss and participate in incentive programs!

Please click the following links for further more information about the X-Protocol:

Website | Twitter | Telegram | Medium

About Standard Protocol

Standard Protocol is the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate across multichain ecosystems. It has been granted with #DefiForAll Fund from Polygon and is also the first and only project from Korea to be awarded a Polkadot Web3 foundation grant and prides itself on its global community growth approach.

Please click the following links for further more information about the Standard Protocol:

Website | Twitter | Telegram | Medium | Discord | Clubhouse | Reddit