Input Output Hong Kong (IOHK), the company behind the Cardano blockchain has just announced a new partnership that would enable the first decentralized finance (DeFi) project on the network.
As part of the roll-out of Cardano’s smart contract functionality, IOHK has announced the partnership with Bondly Finance, a company aimed to bring agile and trusted DeFi to everyone.
Bondly would become Cardano’s first DeFi project launched on the blockchain. IOHK’s announcement read:
“We’re partnering with @BondlyFinance, which will be the first DeFi project enabled on #Cardano as a part of the roll-out of our smart contract functionality. Our partnership will be a huge step in continuing both companies’ mission to bring decentralized finance to the masses.”
Bondly is a platform that enables peer to peer crypto exchange, across any blockchain, through any medium. The partnership would the duo to achieve key milestones, including moving the Bondly cryptocurrency from the…