An Overview of Yelen, Conflux, AlchemyPay, and Lido’s Partnership

02/25/2023 13:00 • Blockchain Buzz • 104 views

12:00-21:00 Key words: Yelen, Conflux, AlchemyPay, Lido

Overview of important developments in the evening of February 25

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Yelen, Conflux, AlchemyPay, and Lido recently announced their partnership to promote the adoption of digital assets by providing innovative solutions and services. The announcement was made during a joint event on June 28, 2021, where the companies discussed their visions and shared how their partnership would benefit their respective communities.

Conflux is a public blockchain network that aims to provide a scalable, high-performance infrastructure for decentralized applications (dApps). Its partnership with Yelen aims to provide opportunities for blockchain companies to access capital and liquidity through the issuance of asset-backed tokens. Yelen’s approach to providing liquidity via tokenization has the potential to unlock significant value for a range of industries, including real estate, art, and commodities, among others. By leveraging Conflux’s fast and efficient blockchain infrastructure, Yelen aims to expand its reach and offer its services to a wider audience.

AlchemyPay, a global cryptocurrency payments company, has also announced its integration with Conflux. The integration will allow users to transact with various cryptocurrencies on the Conflux network, providing more options for buyers and sellers within the ecosystem. AlchemyPay’s payment platform offers support for over 40 cryptocurrencies, making it a convenient and reliable payment option for businesses and consumers.

Lido is a decentralized finance (DeFi) protocol that provides liquidity for staked assets on various proof-of-stake (PoS) blockchains. With its partnership with Conflux, Lido aims to provide a reliable and secure pathway for investors looking to stake and trade their assets. In addition, Lido’s integration with Conflux enables the provision of liquidity for digital assets across multiple ecosystems, making it a powerful tool for cryptocurrencies’ investment.

In summary, the partnership between Yelen, Conflux, AlchemyPay, and Lido aims to promote adoption and innovation in the digital asset ecosystem. By leveraging each company’s expertise and infrastructure, the partnership offers a broad range of services and solutions that will benefit customers and investors seeking to gain exposure to digital assets. The partnership demonstrates the continued growth and maturity of the digital asset ecosystem as it moves closer to mainstream adoption.

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