Telos, a Zero-Knowledge technology-based L1 decentralized network that offers privacy and scalability, has partnered with Unizen. The partnership between Telos and Unizen, a decentralized exchange aggregator providing access to more than 20,000 assets, focuses on improving interoperability and fueling growth. Unizen now offers access to ten networks respectively as Telos has joined them with the latest addition.
Telos partners with @unizen_io DEX aggregator.
Why Unizen?
Unizen offers a trade splitting algorithm for efficient swaps and access to over 20,000 assets across now 10 networks, thanks to Telos joining as its latest addition.
https://t.co/xpn8QNqwWh pic.twitter.com/oR5XMQj80u
— Telos Foundation (@HelloTelos) March 12, 2024
Telos integrates with DEX Aggregator Unizen to promote ecosystem growth and interoperability
On the official account of the Telos Foundation on X, she expressed her enthusiasm about the collaboration. As included in the latest partnership, Telos users can stake ZCX tokens to receive cryptocurrency rewards. In addition, the users can also share the profits they earn from various transactions. In one of its recent posts, the company clarified that the ZCX coin has a direct link to its trading volume. As a result, the token causes scarcity due to the dual burn.
According to Telos, the inclusion of the respective functions in the partnership is solely for the purpose of facilitating the users. It added that it joins Unizen as the tenth network to which it provides services. As a result of this development, interoperability will improve, along with the expansion of access to assets.
While providing more details about the partnership, Telos revealed that the integration between the two entities takes Unizen’s status to the next level. In this regard, the platform’s DEX leadership is likely to experience a significant boost following this partnership. Apart from that, this would increase trading efficiency and ultimately attract more users. Moreover, the aim of this endeavor is to provide an unparalleled user experience.
As included in the partnership, Telos focuses on offering cost-effective swaps to consumers. It further said that the partnership is healthy and beneficial for both companies. According to Telos, both ecosystems would receive an enormous boost from the respective development. Unizen’s groundbreaking trade splitting algorithm makes it possible to beat the rest of the top aggregators.
The Endeavor aims to benefit both ecosystems through systematic improvements
It optimizes both interoperability and liquidity for cost-efficient and seamless cross-chain and single swaps. Unizen’s growth is attributed to several factors, taking into account a remarkable and user-friendly interface. This makes it relatively efficient and accessible. Telos claimed that the partnership is aimed at developing mutual ecosystems for the benefit of both communities through systematic improvements, marketing efforts and collaborations.