SpiderDAO partners with Fire Protocol to provide privacy solutions to users on Fireswap DEX.

SpiderDAO
3 min readJan 8, 2021

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SpiderDAO is partnering with Fire Protocol which bills itself as the “next generation of DEFI protocol” to provide privacy solutions to the Fireswap DEX platform and its end users.

With the core aim that proposes a set of tools to bring online privacy to the end user SpiderDAO Team have attracted a new partner, Fire Protocol, a decentralized protocol exchange benefiting from high scalability and multi-asset exposure, where any asset can be traded through Fire Protocol’s cross-chain wrapping hub. Additionally, Fire Protocol offers liquidity mining, enabling users to have near-infinite liquidity to freely convert between assets.

SpiderDAO will be providing privacy solutions to both Fire Protocol and its end-users, this will reflect back, by Fireswap listing the $SPDR token, creating more demand and security for both parties. A further update relating to the specifics of this will be announced soon.

Creating a Formidable Alliance

“The team at Fire Protocol are excited to partner with SpiderDAO to drive Blockchain adoption and privacy solutions via the amazing VPN solutions they offer.” — Danny Christ CEO at Fire Protocol

Nathan Varty CEO at SpiderDAO “ We are excited to be part of the Fire Protocol Journey, listing on Fireswap DEX will be a great success for the SpiderDAO Team, we look forward to the future growth of our partnership with amazing things still to come, so watch this space.”

About SpiderDAO

SpiderDAO’s vision is to bring unparalleled online privacy to the end-user. As a Decentralized Autonomous Organisation (DAO), it requires addressing the shortcomings of current DAO frameworks. We do so through a multi-layered governance setup based on hardware and software tools on top of a Fair & Resilient Hardware-based DAO built on Polkadot.

Our ecosystem, then, is built on the foundations of fair governance. It includes the SpiderDAO, SPDR Token, and the SpiderConnect Router, which come together to create a robust, scalable, and community-driven ecosystem that will keep up with the pace of technology change and stand the test of time. Today, we would like to shine the spotlight on the SPDR token and its utility within the SpiderDAO ecosystem.

Learn more about SpiderDAO:

Visit our website: www.spiderdao.io

Join our telegram: https://t.me/SpiderDAO

Join our Discord: https://discord.gg/freymYYspb

About Fire Protocol

Fire Protocol is the first infrastructure to Huobi (Smart) Eco Chain (HECO), the first batch member of developers invited to test HECO (an Ethereum compatible Public Chain for Blockchain Developers). Fire Protocol offers key products that include; DEX/Swap that offers Fireswap, a fast and secure trading service. Liquidity Mining including Cross Chain Wrapping solutions to bring non-Huobi Chain assets into the Huobi. Money Market with Lending and Borrowing offering fully integrated with our DEX > Liquidity Providers’ token on our DEX serve at the same time as collaterals on borrowing/ lending protocol which in turn is unlocking capital for more liquidity overall.

Social Channels

Website: https://fireprotocol.io/

Telegram: https://t.me/fireprotocol

Twitter: https://twitter.com/FireProtocolOS

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SpiderDAO
SpiderDAO

Written by SpiderDAO

SpiderDAO is the industry’s first hardware-enabled DAO that bundles multi-layered hardware and software tools on top of Polkadot. https://spiderdao.io

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