On November 7, Horizen announced a new integration between its EVM-compatible smart contract sidechain, Horizen’s EON, and SpookySwap, a decentralized exchange (DEX) and yield farm on the Fantom Opera network.
This marks SpookySwap‘s first DEX multichain deployment and is expected to have an impact on the decentralized finance (DeFi) landscape by enhancing liquidity and fostering innovation within the Horizen EON ecosystem.
Known for its user-centric approach and advanced features, SpookySwap brings experience and a community to the Horizen EON ecosystem.
That said, the integration aims to enable smooth asset swaps, yield farming, and liquidity provision, creating an environment for DeFi users and developers.
“A significant milestone for Horizen EON ecosystem,” Horizen Labs CEO
Rob Viglione, co-founder of Horizen and Chief Executive of Horizen Labs, stated:
“Integrating with SpookySwap marks a significant milestone for the Horizen EON ecosystem. Their expertise in decentralized finance and their commitment to user empowerment align perfectly with our vision. Together, we are set to deliver unparalleled value and innovation to the DeFi space.”
Recently launched on the mainnet with support from various protocols and decentralized apps (dapps), the Horizen EON ecosystem is poised to benefit from SpookySwap’s innovative solutions and community engagement.
This integration showcases the commitment of both platforms to advancing decentralized finance and establishing new industry standards.
Source: https://finbold.com/spookyswap-teams-up-with-horizen-eon-to-expand-defi-innovation/