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Exciting News: Kintsu Partners with Switchboard to Empower LSTs on Monad!

Poted May 22, 2024

Exciting News: Kintsu Partners with Switchboard to Empower LSTs on Monad!

We are thrilled to share a significant development in our journey towards revolutionizing decentralized finance. As we build towards the highly anticipated launch of Monad, Kintsu is proud to announce a strategic partnership with Switchboard, the premier provider of decentralized oracle solutions. This collaboration is set to transform the operation of Liquid Staking Tokens (LSTs) on the Monad platform.

Why This Partnership Matters

Switchboard brings its cutting-edge oracle technology to Monad, ensuring that Kintsu’s LST protocol benefits from seamless, secure, real-time data integration. This advanced integration will enhance our ability to offer optimized staking strategies and ensure the accuracy of critical data such as total value locked (TVL) and staking rewards. By leveraging Switchboard’s expertise, we can provide users with reliable and timely data, which is essential for informed decision-making in the staking process.

Driving Innovation in Staking

The incorporation of Switchboard’s oracles is a game-changer for Kintsu. It empowers our users with continuous, verified information that is vital for making informed decisions in the staking process. This partnership underscores Kintsu’s commitment to decentralization, accuracy, and security. Moreover, it strengthens Monad’s growing ecosystem by enhancing the reliability of data used across our platforms. With accurate and real-time data, users can trust the integrity of the staking processes and the rewards they receive.

Kintsu X Switchboard Blog 2

What to Expect

As Monad gears up for its launch, our users can anticipate a robust LST framework that stands at the forefront of blockchain technology. This system will ensure that data flows securely and efficiently, enabling the most effective staking strategies and maintaining the highest standards of data integrity. Users will benefit from a seamless experience where their staking activities are backed by accurate and reliable data, enhancing their confidence and engagement with the platform.

Stay Connected for More Updates

This partnership with Switchboard is just the beginning of a transformative journey for Kintsu and our users. We are excited about the endless possibilities this collaboration opens up and are eager to share updates as we continue to develop and refine our services. Our commitment to innovation and excellence remains steadfast, and we are dedicated to providing our community with the best tools and experiences in the DeFi space.

Kintsu X Switchboard Blog 3

Join Us on This Revolutionary Path

We invite you to join us on this revolutionary path by following us on Twitter for the latest news, insights, and updates from Kintsu and Switchboard. Stay informed and learn with us as we navigate and shape the future of blockchain and decentralized finance. Together, Kintsu and Switchboard are setting new standards for transparency and functionality in the world of Web3.

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