blockchainreporter.net
HashKey HSK has entered into a strategic partnership with Puffer Finance, aiming to transform digital asset services across Asia. This collaboration brings together HashKey’s platform token, $HSK, and Puffer Finance’s innovative solutions on Ethereum. This partnership will set the stage for significant advancements in the blockchain space.
We are pleased to announce our collaboration with @Hashkeyhsk! 🤝
— Puffer Finance 🐡 (@puffer_finance) August 21, 2024
HashKey offers a broad ecosystem that includes a regulated exchange, custody services, venture capital, and more!
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Puffer Finance Aims to Lead Ethereum with Advanced Staking and DeFi Solutions
Puffer Finance wants to be among the top of the Ethereum services offering permissionless infrastructure and products to enhance the staking and DeFi industries. These are native liquid restaking (LRT), Based Rollup, and preconfirmation as an Aggregator of Validators/Sequencers (AVS). To support the execution of Ethereum operations and transactional tasks, both elements work hand in hand.
However, this is not true, because the rollup on UniFi is in fact one of such novelties. Most importantly, it solved the problem of fragmented liquidity through atomic composability. This allows them to rollback people back to the Layer 1 of Ethereum in less than 12 seconds. Nobody is willing to wait for such a long time, especially since the time is usually 7 days.
HashKey’s $HSK Token Set to Boost Asia’s Role in Blockchain Innovation
It is expected that HashKey Group will also launched its EVM Layer 2 solution by the name of HashKey Chain, which target to be released in Q4 this year. This integration with the intentions of Web3 ecosystem provides a better integrative path for HashKey and Puffer Finance.
This partnership established forms the basis of the $HSK token that is under the HashKey Group. This type of token means significance that $HSK is an organizational need for executing business central tasks in the HashKey setting. It will also help in easing the flows of interactions that exist within and outside the ecosystem. Furthermore, $HSK is not only the govern token for HashKey but also can become a gas token when Hashkey Chain to be launched soon.