Polkally is delighted to officially announce its partnership with next-gen DeFi protocol XFai, by joining their DLO (DEX Liquidity Oracle) program, a revolutionary DeFi oracle which instead of providing only data in the form of price feeds and triggering 3rd party contracts, also actively provides and manages token liquidity on Uniswap and similar DEXs
“We are very thrilled about this partnership and look forward to Polkally leveraging XFai’s arbitrage system to ensure a smooth trading experience for our investors.” — Chloé Bigot, CEO of Polkally
“We are excited to have partnered with Polkally to provide incentives for both XFai and Polkally communities, and look forward to a continued collaboration. This is a unique opportunity for XFai farmers to participate in the emerging success of Polkally, and contribute significant liquidity in return.” — Geoffrey Khan, Co-Founder of XFai
Both Polkally and XFai will act in a common interest to promote their two complementary ecosystems by advising each other on economic, technological, and marketing issues while sharing their respective network of partners 🤝
We are very pleased with this partnership which should benefit both projects on their way to mass adoption; More promising partnerships will be announced in the coming days so stay tuned! 📢
About Polkally
Polkally is a P2P auction platform for NFTs, powered by Substrate & IPFS
Our goal is to build the most interoperable and user-friendly marketplace ever, allowing artists and everyday people to unleash the true power of virtual artworks
The project was launched in mid-February 2021 and is still under development
Website | Deck | Telegram ANN | Telegram Group | Twitter | YouTube
About XFai
XFai is a decentralized oracle service provider that seeks to balance the playing field between centralized and decentralized exchanges
It is built as a DEX Liquidity Oracle, or DLO, which consists of a set of autonomous liquidity management smart contracts for tokens with low trade volumes and market caps
Website | Deck | Telegram ANN | Telegram Group | Twitter | Medium
