Horizen EON Partners with Ascent Exchange for Simple Yield Opportunities
Horizen EON has announced its partnership with Ascent Exchange to introduce simple yield opportunities through ICHI Vault. This collaboration aims to enhance Horizen’s capabilities in the decentralized finance (DeFi) sector and bring innovation and efficiency to the platform.
Horizen EON Collaborates with Ascent Exchange
This collaboration with Ascent Exchange is a significant milestone for the Horizen EON ecosystem. By joining forces with Ascent, Horizen can leverage their expertise in decentralized exchange (DEX) operations to ensure smoother and more secure trading experiences. This integration also facilitates asset and information transfer across the blockchain network, promoting a unified digital asset ecosystem.
“Our integration with Ascent Exchange is a testament to Horizen EON’s commitment to interoperability and resilience in the blockchain ecosystem. Ascent’s expertise, coupled with Horizen’s EVM-compatible platform, marks a significant milestone towards creating a more interconnected and robust DeFi ecosystem. Ascent Exchange’s early adoption of the Horizen EON platform is set to redefine the DeFi trading space,” said Rob Viglione, Co-founder of Horizen and CEO of Horizen Labs.
ICHI Vaults Offer Yield Opportunities on Ascent Exchange
Ascent Exchange has incorporated the ICHI Vaults automated liquidity management protocol since its launch. This allows liquidity providers to earn yield using their preferred tokens on the platform. Each ICHI Vault enables depositors to input a single token, which is utilized as liquidity in an underlying pool. The goal is to prioritize deposit token yield and protect against impermanent loss. In the future, ICHI Vaults will support a wide range of assets on Ascent Exchange.
Horizen EON’s Transformation with Ascent Exchange
The integration of Ascent Exchange into the Horizen EON ecosystem brings multiple advantages. Ascent Exchange, as the pioneer decentralized exchange with ve(3,3) tokenomics on Horizen EON, aims to set a groundbreaking standard in DeFi trading. This strategic initiative is expected to attract significant trading volumes and users, solidifying Horizen EON’s position as a premier platform for developers and DeFi enthusiasts.
Hot Take: Horizen EON and Ascent Exchange Partner to Revolutionize DeFi Trading
Horizen EON’s partnership with Ascent Exchange signifies a major step forward in the world of decentralized finance. By leveraging Ascent’s expertise in DEX operations and incorporating ICHI Vaults, Horizen EON aims to create a more interconnected and robust DeFi ecosystem. This collaboration is expected to redefine DeFi trading and attract a large user base, establishing Horizen EON as a leading platform for developers and DeFi enthusiasts.
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