Router Protocol partners with Safle

barineka (56)in #routerprotocol • 3 years ago

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Great joy as Router protocol partners with Safle. Through this collaboration, Safle will support Router Protocol as a wallet and Web3 infra. services provider for their community. Router Protocol will be assisting in bridging Safle to other chains wherein the communities will be able to easily source liquidity.

IDENTIFIED PROBLEM

The rapid rise of decentralized finance has brought on what can also be described as a financial revolution of the modern era. However, the massive influx of new users and products has also revealed a gaping hole in this ecosystem which is scalability. Congestion and high transaction fees have gradually become almost synonymous with decentralized finance.

PROPOSED SOLUTION

Router Protocol presents its solution to the problem by tackling the decentralized ecosystem’s trilemma: scalability, security, and unerring decentralization.

Safle has created a set of tools for developers and retail end users that provide private, non-custodial open governance protocols to manage their wallets, and a complete suite for running and managing web services needed to connect to fully synced blockchain nodes.

Safle technology stack is built envisioning the challenges in the current mainstream mass adoption of cryptocurrencies and blockchain applications. The Safle stack empowers the community to make independent decisions and have power over their digital assets.

THE COLLABORATION

Our collaboration with Router Protocol was a natural fit since the Safle technology stack is primarily built on two fundamental pillars:

« Access to Identity in a decentralized environment.

« Access to Finance in a decentralized environment.

Through this collaboration, Safle will support Router Protocol as a wallet and Web3 infra. services provider for their community. Router Protocol will be assisting in bridging Safle to other chains wherein the communities will be able to easily source liquidity.

Together, Safle and Router Protocol have the potential to not only bridge the gap between isolated and underused pools of liquidity but to unlock the unrealized potential of decentralized finance.

I’m hoping you find this article helpful and informative.