An Overview Of Exciting New Partnerships For Nitro Network

As we all prepare for the upcoming Nitro Network native marketplace launch, many moving parts begin to enter the grand picture — one of them being token liquidity. With Nitro Network’s grand vision of Web3 being centered around $NCASH, the internal business development team has shifted their focus to obtaining essential partnerships.

Let’s take an in depth look at all the partnerships Nitro Network has secured in the past weeks and see why they are beneficial to the ecosystem.

Avalanche (AVAX)

Nitro Network has officially made the switch over from ETH to AVAX. This crucial change makes for a plethora of benefits such as:

• Incredibly low gas fees
• Blazingly fast network
• Eco-friendly usage

Apart from these essential benefits, the AVAX protocol allows for businesses to build products on top of their blockchain, similar to ETH. However, the main difference is the speed in which the AVAX blockchain operates — take this metric provided by AVAX for example; the average time it takes to achieve transaction finality on the ETH blockchain is on average 6 minutes, whereas on AVAX, it takes 2 seconds. This is the type of foundation that Nitro Networks aims to establish in all sectors.

Beefy Finance

Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer that allows its users to earn compound interest on their crypto holdings. Beefy has also stated that their platform earns you the highest APYs with safety and efficiency in mind — this is something that aligns directly with Nitro Network’s vision.

Moreover, through a set of proven investment strategies secured and enforced by smart contracts, Beefy Finance has the ability to automatically maximizes the rewards that users receive from various liquidity pools,‌ ‌automated market making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities in the DeFi ecosystem, similar to how AI technology works for stock trading.

With Beefy Finance, NCash ill be able to achieve maximum liquidity and will ensure to all users that they have options when wanting to swap tokens.

Pangolin

Built and powered by AVAX, Pangolin is a community-driven & decentralized exchange for Avalanche and Ethereum assets (such as NCash), which offers fast settlement and low transaction fees. Moreover, Pangolin enables users to maximize their yield by providing them with great trading opportunities.

Apart from offering hundreds of trading pairs, Pangolin also allows you to bridge your tokens! This will surely provide peace of mind for those who are skeptical on how much liquidity NCash will have.

All in all, as utility on the Nitro Network expands, so will the value of NCash. With NCash being at the core of the Nitro Network protocol, advancements and partnerships such as these are a must have.

Make sure to follow Nitro Network on all social platforms to stay up to date, and prepare for the marketplace launch. Thank you!

About Nitro Network

Nitro Network is building a world of private communication networks powered by IoT together with LoRaWAN/3G/4G and 5G. This hyperconnected world is the IoT alternative to cellular networks unlocking a $3 trillion market opportunity. We believe our decentralized private telecom networks is a gamechanger built on a blockchain with our proprietary token NCash at the core that drives utility and value from unlimited use cases. We are creating an inclusive ecosystem incentivizing users to own, operate and earn from the private networks of the future.

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Disclaimer: This is not investment advice. Please do your own research before investing in any avenue. The information contained in this post is for informational purposes only. You should take independent advice from a professional or independently research and verify any information that you find in this post and wish to rely on, for the purpose of making any decision. Through this post, you may be able to link to other websites which are not under the control of Nitro Network. We have no control over the nature, content, and activity on those sites. The inclusion of any links does not imply a recommendation or endorsement of the other website, its products, or views.