Press release. The team announced a new and exciting partnership as Panther used LaunchDAO to drive protocol decentralization from day one.
Panther Protocol is affiliated with ShapeShift, a popular name in the crypto industry. ShapeShift recently took the brave step of moving from an exchange aggregator to a fully cryptographic management platform and announcing full decentralization.
The integration of ShapeShift and Panther can improve the privacy and data protection of DeFi users. ShapeShift is a valuable pillar of the decentralized finance ecosystem through APIs, digital assets and platforms, leveraging Panther to deliver the highest levels of consumer protection, efficiency and privacy. Both teams will work together to research, deploy privacy tools, and allow ShapeShift users to participate in Panther’s staking program and governance.
Technical cooperation between the two teams will also enable liquidity provisioning to Pather’s multi-asset shield pool.
Comment on the partnership. Willy Ogorzaly, a former Principal Product Manager for ShapeShift, now head of decentralization for the Fox Foundation as ShapeShift moves to the DAO model, said: “Panther’s mission to bring privacy and interoperability to the DeFi protocol across the chain is closely aligned with ShapeShift DAO’s mission. In partnership with Panther, ShapeShift users will have an unprecedented level of privacy in their DeFi journey. I look forward to being able to access it. “
To this, Oliver Gale, CEO and co-founder of Panther Protocol, added:ShapeShift is a pioneering platform for self-sovereign DEX infrastructure. ShapeShift DAO is a key step towards realizing the vision of distributed exchange services, and Panther looks forward to providing the ShapeShift community with zAsset swaps with compliance options... “
About shape shift:
Since 2014, ShapeShift has pioneered self-management of digital asset transactions. The company’s web and mobile platforms enable users around the world to securely buy, hold, trade and manipulate digital assets such as Bitcoin and Ethereum. For more information, please visit ShapeShift.com.
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About Panther Protocol
Panther is an end-to-end privacy protocol that connects blockchains, restoring the privacy of Web3 and DeFi while providing financial institutions with a clear path to compliant with the digital asset market.
Panther leverages crypto-economic incentives and zkSNARK technology to provide DeFi users with digital assets that enhance their fully secured privacy. Users can create zero-knowledge zAssets by depositing digital assets from any blockchain to Panther Vault. zAssets flow between blockchains via privacy-first interchain DEX and private metastrats. Panther envisions zAssets as an ever-expanding asset class for users who want their transactions and strategies to always be the way they should be, private.
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