Charged Particles & Kylin Networks Strategic Partnership

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Charged Particles is pleased to announce a strategic partnership with Kylin Network. Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for DeFi and Web 3.0 powered by Polkadot.

What will we do together?

  1. Kylin will supply ‘standard’ oracle data feeds (price-feeding), as needed to Charged Particles.
  2. Co-innovation on various other validated data feeding use cases above and beyond asset price-feeding that Charged Particles may need or want.
  3. Openness and exploration to the creation of NFTs staked with KYL locked inside.
  4. Exploring data market use cases and synergies between the projects — e.g. data market NFTs.

The possibilities are exciting and we are thrilled to be working with the Kylin team!

Why are we excited?

Ben Lakoff, Co-Founder of Charged Particles:

“We are honoured and excited to be working in concert with the Kylin team on the forefront of blockchain technology via the intersection of DeData and NFTs. We believe some great things are to come!”

Dylan Dewdney, CEO of Kylin Network:

“We are super excited to figure some interesting things out between our teams and projects. NFTs hold a lot of promise in terms of operationalizing aspects of the DeData Ecosystem we are rapidly building!”

About Kylin Network

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network hopes to provide valid, reliable, secure, cost-effective, and easily coordinated data sources and data analytics.

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About Charged Particles

Charged Particles is a protocol that allows users to deposit ERC-20 tokens(ANY tokens) into an NFT. A scarce NFT (e.g. Art, Collectible, Virtual Real Estate, In-Game Item, etc.) can now be transformed into a basket holding a number of other tokens. The Principal amount can be time-locked inside the NFT, and through integration with Aave’s aTokens, the programmable yield from these DeFi yield-generating assets is just a few clicks away.

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