Lithium Finance (LITH) commented on the partnership in 2021
As the vacation season and the new 12 months method, Lithium would like to thank the neighborhood for all the assistance and suggestions acquired from Lithium i...


As the vacation season and the new 12 months method, Lithium would like to thank the neighborhood for all the assistance and suggestions acquired from Lithium in excess of the previous handful of months. Building a proprietary information oracle that employs crowdsourcing and proprietary engineering to get the reality is a large challenge, but it pays and is rewarding. Lithium is searching forward to shedding light on its merchandise with loyal members of the Lithium neighborhood in the coming weeks.
From raising $ seven.six million from a roster of main traders such as Pantera and Hashed to creating extended-phrase, substantial-worth partnerships with some of the finest protocols in the crypto room and NFT, the momentum for 2021 is rapid and Lithium is count on it to keep robust in 2022.
Some highlights of Lithium’s 2021 partnership incorporate:
- It partnered with Injective Protocol, a Level two DEX for decentralized derivatives to give details on equity derivatives pricing prior to the IPO. Thus strengthening the price tag discovery procedure for all personal items on the Injective protocol.
- By bringing Pantera, Hashed, and OKEx into the Wisdom Node ecosystem, they will give pricing details on crypto tasks. With decades of investment and funding encounter, obtaining renowned organizations like them in the Lithium ecosystem is one particular of the quite a few confirmations that Lithium is creating the correct prospective for the merchandise.
- Support Palm NFT Studio by evaluating some unusual and substantial worth NFTs. With NFT developing substantially in 2021, Lithium is thrilled to spouse with one particular of the foremost NFT studios doing work at the intersection of engineering and enjoyment. This partnership will be one particular of quite a few for Lithium Finance across the NFT room and highlights the value and necessity of valuing illiquid assets.
- Collaboration with Alameda Research for the 2nd valuation of personal equity, a foremost quantitative trading organization energetic in the cryptocurrency sector.
- Partnership with CredFi, a protocol that connects cryptocurrency lenders with fiat economic climate SME borrowers. By joining the Lithium ecosystem as a Wisdom Seeker, CredFi will acquire entry to collateral valuation details, guaranteeing correct loan valuation and powerful threat profile management.
New Year’s
Overall, Lithium has attained quite a few milestones and aims that the workforce has set for 2021. Ahead of the new 12 months 2022, Lithium is doing work really hard to proceed advertising and creating far more partnerships with other partners. the foremost protocol in the area of cryptocurrencies and NFT guaranteeing the growth of its Wisdom Node neighborhood.
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