- Soonaverse, Iotabee, and TangleSwap form a powerful alliance to enhance the IOTA community’s access to advanced DeFi services.
- The partnership brings about a suite of innovative financial modules on the Soonaverse platform, including a non-custodial Token Launchpad from TangleSwap.
Unveiling a new epoch in IOTA‘s decentralized finance (DeFi) sector, a pioneering triad—Soonaverse, Iotabee, and TangleSwap—have blended their tech prowess. This coalition aims to inject fresh vigor into the IOTA DeFi landscape by merging Soonaverse’s modular platform architecture with TangleSwap’s cutting-edge DeFi toolkit.
🚀💥 Get ready to witness DeFi history unfold! 🌐 @TangleSwap is entering the Soonaverse with not 1, not 2, but FIVE groundbreaking DeFi Service Modules. 🙌
1️⃣ EVM Token Launchpad
2️⃣ Concentrated Liquidity DEX
3️⃣ Concentrated Smart Farms
4️⃣ NFT Staking
5️⃣ Vote-Escrowed Token… https://t.co/wnX0RSxnzQ pic.twitter.com/aXco74Awq2— Collin Brown (@CollinBrownXRP) September 26, 2023
Setting A New Standard in DeFi Innovation
In a fashion reminiscent of how Disney-Pixar or eBay-PayPal alliances disrupted their respective domains, this IOTA-centric partnership is a beacon of transformation within the decentralized finance sector. It’s a synergy that manifests a hard-to-replicate competitive edge in a rapidly evolving DeFi landscape.
The alliance witnessed TangleSwap’s decision to issue its $VOID token on the IOTA EVM in collaboration with Soonaverse, instead of the initially contemplated Shimmer EVM. It’s a strategic shift that enriches the IOTA ecosystem with five Service Modules courtesy of TangleSwap, spotlighted by the integration of a non-custodial Token Launchpad. This Launchpad is a sanctuary for project owners, token issuers, users, and investors, offering a robust suite that includes options to create new tokens, choose auction types, and ensure post-auction market liquidity.
Further enhancements include the integration of four more native Soonaverse modules:
- Concentrated Liquidity DEX
- ‘Smart’ Farms
- NFT Staking
- Vote-Escrowed Token Staking
These integrations are slated for October, post their launch on tangleswap.exchange, signalling the dawn of a new era in DeFi innovation within the IOTA community.
The fountainhead of this partnership lies in a shared vision – to magnify the services offered to their joint communities and proliferate the collective value to the IOTA community. It’s a bid to transcend the rudimentary, unveil unique competitive advantages, and fuel the creation of towering structures within the DeFi domain.
The undertaking isn’t merely a casual exchange of ideas; it’s an amalgamation of resources aimed at transmuting these ideas into reality, thus maximising the success potential. With an open stage set for innovative collaborations, the IOTA DeFi ecosystem is braced for exciting explorations, catalyzed by this collaborative feat among Soonaverse, Iotabee, and TangleSwap.
The alliance isn’t just a fleeting event; it’s a substantial step towards fostering a continuum of groundbreaking solutions in both retail and enterprise domains within the IOTA ecosystem. Through this robust partnership, the trio is not just sharing the resource pool but is also setting the ground for monumental shifts in IOTA’s DeFi sector.
