Trava Finance partners with Router Protocol and Dfyn
Success is best when it’s shared… (Howard Schultz)
At Router Protocol, we believe that collective growth is the only growth that counts. Keeping this sentiment in mind, we are proud to announce Router Protocol’s and Dfyn’s latest strategic partnership with Trava Finance. The integration will be official on 18th July 2022. Trava Finance is the world’s first decentralized marketplace for cross-chain lending. While existing approaches provide only one or a few lending pools with their own parameters such as borrow/supply interest rate, liquidation threshold, Loan-to-Value ratio, or a limited list of exchangeable cryptocurrencies, TRAVA offers a flexible mechanism in which users can create and manage their own lending pools to start a lending business.
Trava Finance is a true representation of the potential of cross-chain capable dApps. In order to further augment the extent of their interoperable functionalities and grow the capabilities of Router Protocol and Dfyn, we are thrilled to reveal our latest three-pronged strategic partnership as mentioned below:
1) Trava Finance will Integrate the Router Widget
Router Widget is a completely customizable white-labeled solution that offers any dApp the capability to empower its users with the functionality of conducting cross-chain swaps and transfers without leaving the platform. Router Widget is abstracted from Router Protocol’s cross-chain bridge: Voyager, and offers the same functionalities with added features like adding biases and changing the default networks on the bridge. With the Router Widget integration, Trava will now offer a more inclusive Web 3.0 experience for its users.
2) Dfyn will Integrate Trava’s Token Health Analytics
In 2021, Trava Finance released an index that changed the way Web 3.0 users evaluate the prominence of any Web 3.0 token. And the index was Token Health. Token Health evaluates the creditworthiness and stability of tokens. Trava is the world’s first lending platform that provides this index by collecting and aggregating various types of data from blockchain networks. The health of each token is evaluated as a specific value in the range of [0, 1000].
This health index gives users a comprehensive overview of tokens in the crypto sphere and helps them mitigate risks by providing key insights required for executing profitable trades. With this partnership, the multi-chain DEX Dfyn will also list the Token Health of all the listed tokens, empowering its users with this peerless index of consolidated knowledge.
We believe that this three-pronged partnership will be a catalyst for the collective growth of Dfyn, Router Protocol and Trava Finance in the cross-chain ecosystem.
Future Scope
By both aiming at the goals of enabling cross-chain strategy, we find that there is much more cooperation potential that brings mutual benefit for both sides. Especially in the future, when Trava Finance and Router protocol can provide totalized cross-chain lending services, users of both protocols can gain the benefit of lending and borrowing assets easily throughout different blockchains. Moreover, BRicher, a unique aggregator established in June by Trava, is expected to be practical in aggregating and giving the best investment strategies for ROUTE and DFYN tokens holders.
About Router Protocol
Router Protocol is building a suite of cross-chain infra primitives that aims to enable blockchain interoperability between current and emerging Layer 1 and Layer 2 blockchains.
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