Soonaverse, Iotabee, and TangleSwap have come together in a powerful partnership to enhance the IOTA community’s access to advanced decentralized finance (DeFi) services. This collaboration introduces a range of innovative financial modules on the Soonaverse platform, including a non-custodial Token Launchpad from TangleSwap.
This partnership marks a new era in IOTA’s DeFi sector, as Soonaverse, Iotabee, and TangleSwap combine their technological expertise to inject fresh energy into the IOTA DeFi landscape. By merging Soonaverse’s modular platform architecture with TangleSwap’s cutting-edge DeFi toolkit, they aim to set a new standard for DeFi innovation.
TangleSwap is making a significant entrance into the Soonaverse platform by offering five groundbreaking DeFi Service Modules. These modules include an EVM Token Launchpad, Concentrated Liquidity DEX, Concentrated Smart Farms, NFT Staking, and Vote-Escrowed Token. This move is expected to revolutionize the DeFi sector and pave the way for exciting developments in the IOTA community.
This partnership draws parallels to disruptive alliances like Disney-Pixar or eBay-PayPal, as it promises to transform the decentralized finance sector. It brings together the strengths of Soonaverse, Iotabee, and TangleSwap to create a unique competitive advantage in the rapidly evolving DeFi landscape.
One notable aspect of this alliance is TangleSwap’s decision to issue its $VOID token on the IOTA EVM in collaboration with Soonaverse, deviating from its initial plan to use the Shimmer EVM. This strategic shift enriches the IOTA ecosystem with five Service Modules from TangleSwap, with the non-custodial Token Launchpad being a key highlight. The Launchpad provides a secure platform for project owners, token issuers, users, and investors, offering a wide range of options for creating new tokens, selecting auction types, and ensuring post-auction market liquidity.
In addition to the Token Launchpad, four more native Soonaverse modules will be integrated into the platform: Concentrated Liquidity DEX, ‘Smart’ Farms, NFT Staking, and Vote-Escrowed Token Staking. These integrations are scheduled for October, following their initial launch on tangleswap.exchange. This marks the beginning of a new era of DeFi innovation within the IOTA community.
This partnership is driven by a shared vision to enhance the services offered to their respective communities and bring added value to the IOTA ecosystem. It aims to go beyond the basics, uncover unique competitive advantages, and fuel the development of groundbreaking solutions in the DeFi domain.
This collaboration is more than just an exchange of ideas; it represents a pooling of resources to turn these ideas into reality and maximize their potential for success. With a platform set for innovative collaborations, the IOTA DeFi ecosystem is poised for exciting new ventures, propelled by the joint efforts of Soonaverse, Iotabee, and TangleSwap.
This alliance is not a temporary event but a significant step towards fostering a continuous stream of innovative solutions in both the retail and enterprise sectors within the IOTA ecosystem. Through this robust partnership, the trio is not only sharing resources but also laying the groundwork for transformative changes in IOTA’s DeFi sector.