cryptonewsz.com
Elk Finance recently announced a partnership with RadioShack. The collaboration will see Elk Finance accessing liquidity pools on Ethereum, farm listings, co-marketing events, and expanding its interoperability elements.
The network will launch its $ELK – $RADIO farms on Polygon and Avalanche. In addition, the pairs will enter the RadioShack DEX and ElkDEX. Both decentralized exchanges are also preparing liquidity pools on the Ethereum network for the pair.
Over 180,000 worth of tokens has been a part of this partnership till now. Almost 30,000 dollars have been bootstrapped to the $ELK – $RADIO liquidity.
Besides this, ELK is also adding 10,000 dollars worth of each ELK token and RADIO tokens to Polygon and Avalanche. The remaining 5,000 dollars worth of ELK ad RADIO tokens will be used to boost farms in the coming three months.
On the Ethereum network, over 15,000 dollars worth of ELK and RADIO tokens will be added. Elk will also whitelist the RADIO token on its upcoming alpha stage crosschain swap feature. The feature will help users send RADIO tokens across Ethereum, BNB Chain, Avalanche, and Polygon.
It will also enable users to access crosschain arbitrage while making ElkNet the first bridge on RadioShack. As a 100-year-old venture, RadioShack holds global prominence, and its aim to promote blockchain technology bodes well with the latest partnership.
On the other hand, Elk Finance has emerged as a capable P2P network for crosschain value transfers, and its multichain protocol simplifies crypto exchanges across different blockchain networks.
In addition, its services are available on 16 networks. With such functionalities, Elk Finance will certainly help RadioShack promote blockchain to mainstream projects. In addition, it will allow Elk Finance to explore new opportunities in multiple fields.