Marinade Finance Brings New DeFi Possibilities with Hadeswap Collaboration
Marinade Finance, a leading liquid-staking platform on Solana, has announced a new partnership with Hadeswap, an automated market maker (AMM) protocol for NFTs. The collaboration will allow both platforms to leverage their unique strengths to provide better services to users.
- Author: Illustrious
- Published: February 14, 2023 at 15:28
Marinade Finance, a leading liquid-staking platform on Solana, has announced a new partnership with Hadeswap, an automated market maker (AMM) protocol for NFTs. The collaboration will allow both platforms to leverage their unique strengths to provide better services to users.
📣 Marinade is excited to collaborate with @hadeswap and enable anyone to purchase NFTs using mSOL 🔥
— Marinade Finance (mSOL, MNDE) (@MarinadeFinance) February 13, 2023
🤝 Solana Staking x Defi x NFTs continue to evolve into something exciting!
👀 How else should NFT projects integrate mSOL payments?
👇 pic.twitter.com/x5uRBQOk4I
Hadeswap will integrate Marinade's liquid-staking token, mSOL, into its AMM. Users will be able to swap for NFTs using mSOL, rather than needing to use SOL. This enables users who keep their SOL in liquid-staking to seamlessly buy NFTs, with no extra steps needed. The partnership will also allow both platforms to explore new opportunities in the DeFi space.
This is a significant step forward for both Marinade Finance and Hadeswap, as they continue to gain momentum in the DeFi market and expand their user base. With the combined strength of these two platforms, traders can look forward to a more seamless and convenient trading experience.