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Press release
Press release. As Panther drives the decentralization of our protocol with LaunchDAO from day one, the first ever private and decentralized project to launch, the team unveils a new and exciting partnership.
Panther Protocol is partnering with ShapeShift, a household name in the crypto industry. ShapeShift has recently taken the brave step of transforming from an exchange aggregator to a full crypto management platform, announcing its complete decentralization.
The integration between ShapeShift and Panther will facilitate the privacy and data protection of DeFi users. ShapeShift, through its APIs, digital assets and platform, is a valuable backbone of the decentralized finance ecosystem and will leverage Panther to achieve the highest levels of consumer protection, efficiency and privacy. The two teams will collaborate on research, deployment of privacy tools, and engaging ShapeShift users in Panther’s staking program and governance.
The technical collaboration between the two teams will also provide liquidity to Pather’s multi-asset protection pool.
Comment on partnerships. Willy Ogorzaly, former Principal Product Manager at ShapeShift (with ShapeShift moving into the DAO model and now head of decentralization at the Fox Foundation) said: “Panther’s mission to bring privacy and interoperability to cross-chain DeFi protocols is closely related to the ShapeShift DAO’s mission. We look forward to working with Panther to give ShapeShift users unprecedented levels of privacy in their DeFi journeys.”
To this, Oliver Gale, CEO and co-founder of Panther Protocol, added: “ShapeShift has been a pioneering platform towards autonomous DEX infrastructure. The ShapeShift DAO is an important step towards realizing the vision of a decentralized exchange service, and Panther looks forward to providing the ShapeShift community with compliant zAsset swaps. “
About deformation:
ShapeShift has been pioneering self-custody of digital asset exchanges since 2014. The company’s web and mobile platforms allow users around the world to securely buy, hold, trade, and interact with digital assets such as Bitcoin and Ethereum.to know more information ShapeShift.com.
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About the Panther Protocol
Panther is an end-to-end privacy protocol that connects blockchains to restore privacy in Web3 and DeFi, while providing financial institutions with a clear path to compliant participation in digital asset markets.
Panther leverages cryptoeconomic incentives and zkSNARKs technology to provide DeFi users with fully collateralized privacy-enhancing digital assets. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into the Panther vault. zAssets flow across blockchains through privacy-first cross-chain DEXs and private migrations. Panther envisions zAssets as an ever-expanding asset class for users who want their transactions and strategies to be consistent: private.
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