MixMax and CheersLand Partner to Bridge Real-World Assets with DeFi Innovation

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CheersLand and MixMax are forming a strategic partnership to change how cryptocurrency users see the lines separating decentralized finance (DeFi) and conventional economic activity. They will do so by linking the liquidity in digital financial markets with the underlying stability of Real-World Assets (RWA). Through this partnership, they are bridging the gap between these two areas and creating a new utility model for the entire Web3 community; thus, fundamentally changing the way people interact with physical value on-chain.

Bridging the Gap – The Rise of CheersLand 2.0

CheersLand 2.0 provides infrastructure on the blockchain for real-world assets. It provides utility to an existing ecosystem of RWAs (mostly commercial) that is often looked at as speculative by converting physical assets into digital representations (on-chain). The 2.0 release is the next step in technology for CheersLand, offering a more integrated experience through better Interoperability between the TradFi and Decentralized ledger.

By establishing a partnership between CheersLand 2.0 and MixMax, CheersLand will be able to utilize MixMax’s expertise to improve upon how easily these tokenized assets can be accessed. The result is that asset holders will have access to assets that not only serve as digital certificates but are also usefully integrated into DeFi.

MixMax – An Accelerator for Volume and Yield

MixMax has established itself as a leader in Decentralized Finance (DeFi) by concentrating on providing a means to accelerate both Volume (VOL) and Annual Percentage Yield (APY). In this time of liquidity’s reign in the marketplace, the commitment of MixMax to optimally yield is largely what encourages both institutional investors and retail participants to engage.

MixMax will diversify its yield pool by incorporating CheersLand’s RWA platform into its list of offerings. Therefore, in addition to utilizing crypto’s marginally dependable volatility, MixMax will also be able to generate yield from more stable returns associated with real-world physical assets.

The success of this combination should translate into increased trading volume and a more sustainable APY for the MixMax community; thus, protecting its users from the historical, cyclic pattern of pure-utility token property, also referred to as the “boom-and-bust” cycle.

Reshaping the Web3 Landscape

The collaboration between these two entities is part of a broader trend in the industry in which specialized platforms come together to find solutions to complex problems such as asset liquidity and cross-chain functionality. As mentioned in a recent analysis of Web3 ecosystems, the convergence of different sectors be it gaming, fitness or real estate is essential for mass adoption.

Industry experts say that RWA tokenization could grow to be a multi-trillion-dollar market by 2030. The MixMax and CheersLand partnership is a localized but potent example of the kind of work that small-to-mid-cap projects are building the foundation for to realize this titanic influx of capital.

Conclusion

CheersLand and MixMax have entered a unique partnership beyond just marketing but rather as a planned element of a larger strategic initiative that has defined utility. The synergy created by linking yield-accelerator technology to stable physical assets establishes a strong foundation for the next wave of users in the DeFi ecosystem. Meanwhile, the two companies will continue to update each other as they innovate and grow together, as the broader marketplace observes the evolution of the “physical to digital” bridge.

Source: https://blockchainreporter.net/mixmax-and-cheersland-partner-to-bridge-real-world-assets-with-defi-innovation/