June 04 2021

PARSIQ & CDz Exchange

DAO X CDz Announcement

3 min read

This announcement was originally published at Huoxing.

<text-h2> PARSIQ partners with CDzExchange <text-h2>

PARSIQ partners with CDzExchange to collaborate on a new DeFi market offering using PARSIQ’s Smart Triggers in one of the fastest growing markets, crypto derivatives (CDs). The partnership combines the innovative cross-chain capabilities of CDzExchange with PARSIQ’s market-leading suite of blockchain automation solutions.

Blending CDs with enriched information from PARSIQ’s Smart Triggers for laser focused trades will make an unparalleled market combination. Peanut butter, meet chocolate.

CDzExchange’s cross-chain DEX built on Binance Smart Chain will create one of the fastest and easiest trading experiences for tokens and CDs.

The platform will unlock and bring ease of use, speed and cost efficiencies for multi-chain swaps, expanding and evolving what Uniswap has done for single chain ERC20 swaps.

With CDzExchange’s cross-chain aggregation solutions, billions and billions of capital will be unlocked to enable an entirely new dimension of DeFi possibilities. Coupled with PARSIQ’s Smart Triggers, users will now be able to get instant alerts on each step of the cross-chain process for full visibility and confidence.

CDzExchange’s market offering is entirely new and specific to crypto derivatives which allows users to create customizable “if this, then that” Smart Triggers based on real-time blockchain events.

“We are truly excited to team up with CDzExchange in driving meaningful adoption of workflow and automation tools for DeFi. Their vision for market innovation in crypto derivatives and our leading monitoring technologies will empower users with next level insights and trading ability.” says Tom Tirman, CEO of PARSIQ.

One of the main challenges CDzExchange is tackling head on is the constant volatility that affects liquidity mining rewards. CDzExchange’s cross-chain aggregations will allow greater yield generation, with Smart Triggers delivering notifications, such as whale movements, directly to users who can then make actionable decisions.

<text-h2> 🔥 PARSIQ X CDzExchange Live AMA🔥 <text-h2>

Join the live AMA to learn more about PARSIQ’s and CDzExchange’s collaboration on Monday, May 31st. Follow their socials for time and details.

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