The multi-platform integration expands Wombat’s attain within the DeFi house, displaying the readiness of the platform, in addition to the EOS ecosystem, to offer unparalleled DeFi performance
Berlin, January 2021– Spielworks, a number one blockchain gaming and pockets startup, strengthens its positions within the EOS dApps sphere by way of a sequence of DeFi integrations. The corporate has secured partnerships with main EOS DeFi networks Defis.Network, Defibox and Pizza Finance. Wombat additionally integrates with the likes of Vigor, Organix and DolphinSwap, including on prime of the present integration of Newdex and Equilibrium. By enabling additional DeFi options solely a month after the corporate’s integration with eosfinex, Spielworks is demonstrating its dedication to bringing Wombat customers enhanced consumer expertise, monetary independence, and an ever-expanding set of profitable alternatives.
Regardless of hitting the occasional rocky street, the DeFi honeypot continues to develop. Since Might 2020, the whole worth locked (TVL) in decentralized finance tasks rose a whopping 2,500 %, according to DeFi Pulse. However there nonetheless stays floor to make up. Not sufficient shoppers are snug with DeFi on EOS fairly but, partly as a result of platform accessibility stays an issue. The essential act of making an EOS account stays a barrier. Regardless of current enchancment on this entrance, the hurdle requires dynamic account choices for chain fans introduced up on damaging EOS narratives. But slowly however certainly, the tide is popping, and higher numbers of blockchain aficionados are recognizing a superior user-experience in EOS. It’s solely a matter of time earlier than the platform turns into a pure dwelling for on a regular basis customers, and Spielworks spearheads the cost to EOS mass adoption.
By this partnership, the DeFi platforms concerned will act as a segue between the EOS and dApps ecosystems, permitting EOS to exhibit its quicker, extra cost-efficient consumer expertise throughout the DeFi panorama, with no ready instances. By these integrations, Wombat is permitting direct entry of its customers to those platforms, whereas Wombat customers can get pleasure from a wealthy set of DeFi performance instantly after becoming a member of the EOS ecosystem.” Further performance straight enhances the entry and usefulness of DeFi protocols on EOS, exposing its advantages to a a lot wider consumer base. It additionally allows customers to mix the benefits of DeFi; permissionless buying and selling, lending and stablecoins, with a premium Wombat UX. Wombat has additional cultivated this growth by introducing options such because the Purchase Bitcoin with EOS, permitting customers to frictionlessly swap their EOS into pBTC, a Bitcoin-backed token on the EOS community.
“The purpose is to supply Wombat’s customers a seamless and easy, but highly effective, expertise in utilizing instruments for monetary freedom and independence, like stablecoins, exchanges, and lending protocols on EOS,” says Adrian Krion, Founder and CEO of Spielworks. “The consumer expertise of DeFi merchandise on EOS is unparalleled within the blockchain house and thus fulfills our necessities by way of being suited to on a regular basis customers.”
Wombat gives customers with free EOS and Telos accounts. The pockets serves as a gateway to blockchain-based gaming, permitting customers to seek out, play, and work together with blockchain functions (dApps) and video games accessible on EOS and Telos. Wombat affords free and quick account creation, computerized key backup, and free blockchain sources. All blockchain video games accessible on Womplay are EOS-based.
Not too long ago, the corporate launched a brand new interface enabling customers to swap EOS for pBTC natively throughout the Wombat pockets. Becoming a member of up with Defibox and pTokens, the brand new interface permits customers to carry BTC with out leaving the Wombat ecosystem. In essence, it can function a gateway for customers to accumulate, maintain, and earn BTC whereas curbing lengthy procession instances alongside pricey transaction charges. Bitcoin exists on Defibox, pTokens, and Wombat as pBTC, an EOS-based token transparently backed up by its precise ‘root’ coin. Successfully, the pBTC swap function will enable customers to work together with essentially the most beneficial crypto asset with improved velocity and rewards.
“We’re excited to share Wombat’s capabilities with our customers,” says Alex Melikhov, CEO of Equilibrium. “It would even be fascinating to see how creating integrations like this may assist additional catalyze growth of the DeFi ecosystem on EOS.”