Auros, recognized for offering ample liquidity to exchanges and cryptocurrency tasks by means of 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 line with Horizon’s assertion, the union of each firms will speed up the expansion of EON, Horizen’s new EVM-compatible sensible contracting platform. This may enhance 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 give attention to the $ZEN token, their intention is to supply customized assist for future EON-based tasks 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 tasks by means of algorithmic buying and selling and market-making, said that they may present the required liquidity to assist obtain Horizen’s objectives.
Ben Roth, Chief Data Officer and Co-Founding father of Auros, affirmed that token liquidity is crucial for any cryptocurrency venture because it assists in “unlocking the utility and potential of modern 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 venture that brings extra worth to customers and the crypto ecosystem.
However, 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. This may allow them to supply “extra worth to our customers and allow seamless buying and selling experiences that can drive the expansion of EON because the premier platform for merchants and DeFi fans 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 firms are dedicated to driving the event of decentralized finance to draw extra customers to a quickly rising business.
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 tasks.
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