Panther Partners With ShapeShift to Add Interoperable Privacy to DeFi and Web3

PRESS RELEASE. As Panther pushes in the direction of the decentralization of our protocol from Day 1 with LaunchDAO, the first-ever personal and decentralized venture launch, the crew has unveiled a brand new, thrilling partnership.

Panther Protocol is partnering with ShapeShift, a family title of the crypto trade. ShapeShift has taken courageous steps within the latest previous, transferring from an change aggregator to an entire crypto administration platform, in addition to saying its full decentralization.

The combination between ShapeShift and Panther will allow the development of privateness and information safety for customers of DeFi. ShapeShift, by means of its APIs, digital belongings and platforms, is a priceless pillar of the Decentralized Finance ecosystem, and can leverage Panther to attain the utmost degree of shopper safety, effectivity and privateness. Each groups will collaborate on analysis, deployment of privateness instruments, and for ShapeShift customers to take part in Panther’s staking program and governance.

The technical collaboration between each groups may also allow liquidity provisioning to Pather’s Multi-Asset Shielded Swimming pools.

Commenting on the partnership. Willy Ogorzaly, former Principal Product Supervisor at ShapeShift (now Head of Decentralization on the Fox Basis as ShapeShift strikes right into a DAO mannequin) said: “Panther’s mission to carry privateness and interoperability to DeFi protocols throughout chains aligns carefully with the mission of ShapeShift DAO. We stay up for partnering with Panther to provide ShapeShift customers entry to unprecedented ranges of privateness of their DeFi journeys.”

To this, Panther Protocol’s CEO and co-Founder, Oliver Gale, added: “ShapeShift has been a pioneering platform within the march in the direction of self-sovereign DEX infrastructure. The ShapeShift DAO is a significant step in the direction of the fulfilment of the imaginative and prescient of decentralized change providers and Panther appears to be like ahead to providing zAsset swaps with compliance optionality to the ShapeShift group.”

About Shapeshift:

Since 2014, ShapeShift has been pioneering self-custody for digital asset buying and selling. The corporate’s net and cell platforms enable customers world wide to soundly purchase, maintain, commerce and work together with digital belongings equivalent to Bitcoin and Ethereum. Study extra at ShapeShift.com.

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About Panther Protocol

Panther is an end-to-end privateness protocol connecting blockchains to revive privateness in Web3 and DeFi whereas offering monetary establishments a transparent path to compliantly take part in digital asset markets.

Panther supplies DeFi customers with totally collateralized privacy-enhancing digital belongings, leveraging crypto-economic incentives and zkSNARKs expertise. Customers can mint zero-knowledge zAssets by depositing digital belongings from any blockchain into Panther vaults. zAssets move throughout blockchains through a privacy-first interchain DEX and a non-public metastrate. Panther envisions that zAssets will change into an ever-expanding asset class for customers who need their transactions and methods the best way they need to all the time have been: personal.

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