Auros, recognized for offering ample liquidity to exchanges and cryptocurrency initiatives via algorithmic buying and selling and market-making, said that they may present the required liquidity to assist obtain Horizen’s objectives.
On June thirteenth, Horizen, a number one layer 0 public blockchain, introduced its strategic partnership with Auros, a worldwide algorithmic buying and selling and market-making agency, to spice up the adoption of $ZEN whereas getting ready for the launch of the EON ecosystem.
In keeping with Horizon’s assertion, the union of each corporations will speed up the expansion of EON, Horizen’s new EVM-compatible sensible contracting platform. It will improve alternatives for merchants, DeFi customers, and builders by enhancing the liquidity of the $ZEN token, which can be utilized on each centralized and decentralized exchanges.
Horizen additionally emphasised that whereas they may at present concentrate on the $ZEN token, their intention is to offer personalised help for future EON-based initiatives that they take into account related.
Auros to Contribute Liquidity to Horizen’s EON Platform
Auros, recognized for offering ample liquidity to exchanges and cryptocurrency initiatives via algorithmic buying and selling and market-making, said that they may present the required liquidity to assist obtain Horizen’s objectives.
Ben Roth, Chief Info Officer and Co-Founding father of Auros, affirmed that token liquidity is crucial for any cryptocurrency mission because it assists in “unlocking the utility and potential of progressive sensible contract platforms”.
He added that this partnership represents “a big step and a brand new hope for the decentralized ecosystem”, as they may collaborate on making a mission that brings extra worth to customers and the crypto ecosystem.
Alternatively, Rob Viglione, co-founder of Horizen, expressed his pleasure about becoming a member of forces with Auros, highlighting Auros’ experience in tailor-made liquidity options. It will allow them to supply “extra worth to our customers and allow seamless buying and selling experiences that may drive the expansion of EON because the premier platform for merchants and DeFi lovers alike”.
“We’re thrilled to hitch forces with Auros, a market chief in algorithmic buying and selling and market-making companies. Their experience in bespoke liquidity options will undoubtedly improve the EON ecosystem.”
At the moment, each corporations are dedicated to driving the event of decentralized finance to draw extra customers to a quickly rising trade.
Marco is a passionate journalist with a deep habit to cryptocurrencies and a eager curiosity in images. He’s fascinated by buying and selling and market evaluation. He has 5+ years of expertise working with cryptocurrency initiatives.