Waves and Fantom strike partnership to grow a Gravity-based DeFi ecosystem

Waves announced a partnership with Fantom to build a broader DeFi ecosystem based on the Gravity cross-chain communication protocol.

We’re entering a partnership with @FantomFDN with a commitment to build an open ecosystem between different chains, using the @ProtocolGravity cross-chain communication protocol. Find out why it is a big deal in the #DeFi space on our blog.https://t.co/KReMmJTXzr

— Waves Tech (@wavesprotocol) September 15, 2020

As part of the collaboration, WAVES will enter Fantom’s DeFi ecosystem as collateral in the creation of synthetic assets, including fUSD — Fantom’s dollar-pegged stablecoin.

Holders of WAVES will gain access to mining fUSD and other assets that can be used with Fantom’s DeFi products. Among them are the fLend lending instrument and the fTrade trading tool.

Earlier Waves began collaborating with the TRON Foundation to connect blockchain networks using the Gravity protocol and enable interaction between smart contracts written in Ride and Solidity.

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