After all of the team’s advances and accomplishments, the past months have been incredible for the PROPEL ecosystem. April holds a lot of promise, and has already sparked a lot of anticipation among the crypto community, as Propel has already set high standards in terms of providing unparalleled Blockchain Infrastructure.
This article aims to highlight Propels growth so far from Community Updates, partnerships, Integrations and Developments.
Here are some the major happenings in the propel ecosystem:
On the 2nd of February, Propel announced its strategic partnership with Genesis shards. The goal is to make NFTs into a liquidity vehicle for Pre-IDO tokens as well as a new suite of DeFi goods that can be deployed on many blockchains. NFTs are currently exclusively used as collections, as we all know. They can be reinvented to serve as DeFi choices by employing Genesis Shards’ NFT exchange architecture, which wraps time-locked fungible tokens into NFTs. Isn’t it intriguing?
The Propel team also announced its partnership with Gamerse; Gamerse is creating the first-ever NFT-based social gaming ecosystem.
‘We will be able to achieve greater results in the metaverse and NFT sectors as a result of this collaboration.’ the founder said.
PROPEL X POONTOON
Propel had earlier announced that the investor dashboard for pontoon was on its way and on the 5th of February it was launched! Pontoon is a One-click liquidity mirroring across ETH, BSC, HECO Chain, xDAI, POLYGON, OPTIMISM with incentivized relayer network and liquidity mining for liquidity providers across the chains. The Investor Dashboard will be used by Pontoon. The Propel Investor Dashboard is a simple, easy-to-use tool for project owners and investors to manage their tokens. Project owners can use the Investor Dashboard to handle token sale rounds, vesting schedules, and transactions. The staking dashboard for pontoon also went live on the propel app.
Propel integrated chainlink VRF to help power provably Random Lucky draw contracts.
“Propel, an unrivaled blockchain infrastructure provider focusing in DeFi, metaverse, and staking, has integrated Chainlink Verifiable Random Function (VRF) on Ethereum, Polygon, and BSC mainnets, which we’re very happy about. We now have access to a tamper-proof and auditable source of randomness needed to select the winner from the raffle battle and fortunate draw smart contracts thanks to the integration of the industry-leading decentralized oracle network”. The team announced.
Ultimately this creates a more exciting, transparent, and fraud-proof user experience, as secure randomness enables a fair and decentralized selection of winners.
Propel partners with strip Finance.
Strip Finance is building a decentralized marketplace for easing liquidity in NFT & DeFi. For NFT, STRIP would be a leasing marketplace where anyone owning an NFT can use it as collateral to borrow funds. Propel is the leading multichain blockchain infrastructure provider because of its highly customizable plug-and-play DeFi and Metaverse solutions. Propel serves to feed the DeFi ecosystem by providing a customized suite of NFT protocols such as lending, staking, and renting NFTs. This Partnership is a great one!
PROPEL X ORTCOIN
Propel is pleased to announce the partnership with ortcoin; Ort is a DeFi powered and self–governing DAO designed to act as a revolutionary decentralized and broad platform for freelancing. Ort will match skilled freelancers for job postings across the globe. The highlight of the platform is the absence of transaction fees. Okratech uses smart contracts and other DeFi technologies to help fuel such an ecosystem. Propel is a pioneering provider of Infrastructure solutions, as we all know. Our smart contracts have been thoroughly audited, secured, and designed by industry professionals.
As a result of this collaboration, both companies will be able to help each other reach new heights. Read more about it here.
- Propel also organized an AMA session on the 25th of march with oddz finance, it was an interesting time and 10 people got to win prizes for themselves. Don’t miss out on the next one.
- Remember to stack up on $PEL tokens.
$PEL can be bought on the following platforms:
I would also love to remind you of the various social media channels so you can stay up to date with the latest news on the Propel project:
Propel holds the distinction of being the only provider offering DaaS, MaaS, and Staking solutions under a single umbrella!