Bitsolara, a DeFi platform, has announced a strategic partnership with Helix Labs, a crypto firm offering staking and digital asset investment solutions.
Bitsolara is a DeFi network developed on top of the Solana network. On the other hand, Helix Labs is a DeFi platform specialized in unleashing the power of staked assets across cross-chain ecosystems.
The alliance is a substantial development in Bitsolara’s commitment to be a prominent network that offers advanced DeFi financial products.
Bitsolara Taps Helix Labs
This collaboration involves Bitsolara integrating Helix Labs’ infrastructure into its platform. Helix Labs’ expertise will enable Bitsolara to attract crypto enthusiasts, guide them through digital asset activities, develop trust, and expand products that reward users through staking.
Helix Labs, which functions as a crypto quest platform, will enable Bitsolara to increase awareness and onboard new users to its DeFi platform.
Also, with this collaboration, Bitsolara leverages Helix Labs’ EigenFi’s mechanism to simplify a new product, an advanced investment offering named “restaking rewards”, which will be enabled through Helix Labs’ API and accessible through Bitsolara’s platform.
Another important aspect is Bitsolara utilizing Helix Labs’ Telegram mini app to attract new crypto enthusiasts more rapidly, enhance user participation, and deliver real business outcomes. The mini app reaches millions of Web3 enthusiasts on Telegram. Statistics show that Telegram serves more than 900 million active users. By integrating with this mini app, Bitsolara is making its platform more accessible while offering efficient DeFi access to potential users.
Lastly, the two firms will work together to demystify liquid technology. Despite rising awareness and enthusiasm about DeFi, the technology remains complicated to many people who could benefit from its power but get discouraged by what appears to be a sophisticated ecosystem or worry about security.
Through this alliance, the two companies will collaborate to offer new, accessible educational services to make the public clearly understand this technology.
Advancing DeFi Capabilities
The collaboration between Bitsolara and Helix Labs aims to offer broad integrated solutions to the obstacles currently experienced by DeFi traders and investors.
By forming an alliance with Helix Labs, Bitsolara is facilitating the development of a wide range of engaging investment products that support and enable users to seamlessly and securely navigate DeFi.
As a prominent participant in offering data analytics to DeFi enthusiasts, Helix Labs is well placed to capitalize on the Bitsolara infrastructure and develop products that the two companies understand their communities need.
This is a win-win situation, both for Helix Labs and Bitsolara, together with millions of DeFi enthusiasts who will reap rewards from products powered by this new alliance.
