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Home»Blockchain»Mango Markets has partnered with RuneMine to improve integration between Solana and Bitcoin
Blockchain

Mango Markets has partnered with RuneMine to improve integration between Solana and Bitcoin

2024-08-08No Comments2 Mins Read
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A prominent Solana-based decentralized finance platform Mango Markets has started a new partnership with RuneMine. The strategic partnership between Mango Markets and RuneMine aims to streamline Rune’s bridge between the Solana blockchain and Bitcoin to improve user experience and interoperability in the ecosystem. The platform used its official social media account to provide insight into this endeavor.

We are very excited to collaborate with @rune_mine!

RuneMine provides a cross-chain solution for Runes on BTC to seamlessly switch to Solana.

We’re proud to support efforts to give more users access to the @solana ecosystem. https://t.co/3aUXMRDEQ3

— Mango (@mangomarkets) August 6, 2024

Mango Markets and RuneMine are working together to improve integration between Bitcoin and Solana

In its exclusive X-post, Mango Markets revealed that RuneMine has achieved a significant position by developing unparalleled cross-chain bridges. These bridges reportedly enable the movement of assets between different blockchains. This partnership allows RuneMine to leverage Mango’s extensive community and resilient platform. As a result, it promotes the integration of Bitcoin assets on Solana.

This collaboration will potentially pave the way for the latest opportunities in trading and liquidity. This will make it easy for the customers to interact with the Solana-based BTC assets. The main goal of this collaboration takes into account the use of Mango’s strong infrastructure and an energetic community. In addition, it also includes the improvement of trading and liquidity.

The cooperation objectives are aimed at improving trading and liquidity

The partnership reportedly opens up the latest trading and liquidity capabilities through the RuneMine bridge, along with Mango’s top-notch DeFi functionalities. Moreover, the collaboration also promotes productive interaction between communities and teams. As a result, it promotes wider adoption and innovation. Mango Markets claimed that, as part of this partnership, it is supporting efforts to bring additional consumers into Solana’s ecosystem.

See also  What is layer 2 in crypto? What is a layer 2 blockchain?

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