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

PRESS RELEASE. As Panther pushes towards the decentralization of our protocol from Day 1 with LaunchDAO, the first-ever backstage and decentralized task launch, the squad has unveiled a new, breathtaking partnership.

Panther Protocol is partnering with ShapeShift, a household sanction of the crypto industry. ShapeShift has taken brave steps successful the caller past, moving from an speech aggregator to a implicit crypto absorption platform, arsenic good arsenic announcing its afloat decentralization.

The integration betwixt ShapeShift and Panther volition alteration the advancement of privateness and information extortion for users of DeFi. ShapeShift, done its APIs, integer assets and platforms, is simply a invaluable pillar of the Decentralized Finance ecosystem, and volition leverage Panther to execute the maximum level of user protection, ratio and privacy. Both teams volition collaborate connected research, deployment of privateness tools, and for ShapeShift users to enactment successful Panther’s staking programme and governance.

The method collaboration betwixt some teams volition besides alteration liquidity provisioning to Pather’s Multi-Asset Shielded Pools.

Commenting connected the partnership. Willy Ogorzaly, erstwhile Principal Product Manager astatine ShapeShift (now Head of Decentralization astatine the Fox Foundation arsenic ShapeShift moves into a DAO model) stated: “Panther’s ngo to bring privateness and interoperability to DeFi protocols crossed chains aligns intimately with the ngo of ShapeShift DAO. We look guardant to partnering with Panther to springiness ShapeShift users entree to unprecedented levels of privateness successful their DeFi journeys.”

To this, Panther Protocol’s CEO and co-Founder, Oliver Gale, added: “ShapeShift has been a pioneering level successful the march towards self-sovereign DEX infrastructure. The ShapeShift DAO is simply a large measurement towards the fulfilment of the imaginativeness of decentralized speech services and Panther looks guardant to offering zAsset swaps with compliance optionality to the ShapeShift community.”

About Shapeshift:

Since 2014, ShapeShift has been pioneering self-custody for integer plus trading. The company’s web and mobile platforms let users astir the satellite to safely buy, hold, commercialized and interact with integer assets specified arsenic Bitcoin and Ethereum. Learn much astatine ShapeShift.com.

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About Panther Protocol

Panther is an end-to-end privateness protocol connecting blockchains to reconstruct privateness successful Web3 and DeFi portion providing fiscal institutions a wide way to compliantly enactment successful integer plus markets.

Panther provides DeFi users with afloat collateralized privacy-enhancing integer assets, leveraging crypto-economic incentives and zkSNARKs technology. Users tin mint zero-knowledge zAssets by depositing integer assets from immoderate blockchain into Panther vaults. zAssets travel crossed blockchains via a privacy-first interchain DEX and a backstage metastrate. Panther envisions that zAssets volition go an ever-expanding plus people for users who privation their transactions and strategies the mode they should ever person been: private.

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