Supra announces three-way partnership with Lends and Houdini for DeFi innovation

February 29, 2024 - 2 min read

Supra is proud to unveil a three-way partnership with Lends and Houdini, marking a significant leap forward in DeFi innovation. Lends is the next-generation interchain lending protocol, offering a comprehensive suite of lending services and products in a single, user-friendly package. 

Lends eliminates common crypto market lending risks with zero interest, zero liquidations, and zero oracle loans, ensuring a unique and secure lending experience. Moreover, Lends’ lending order books with fixed terms, fixed rates, and known counterparties enhance compliance and integrate KYC/AML seamlessly.

On the other hand, Houdini brings private, compliant crypto transactions to the table through its leading platform, Houdini Swap. Houdini Swap ensures sender anonymity and transactional privacy across all major chains by leveraging a network of compliant, non-custodial exchanges and leading privacy protocols. It facilitates efficient and secure crypto transactions by dynamically comparing rates and identifying the lowest-cost pathways for users.

The collaboration between Supra, Lends, and Houdini represents a symbiotic relationship. Supra’s advanced solutions in Oracle price feeds provide critical support to both Lends and Houdini, enabling accurate pricing and seamless operations across their platforms. Additionally, Lends benefits from Supra’s price oracles, boosting token utility for LOCK holders, while Houdini’s private transactions rely on Supra’s oracle data for accuracy and reliability.

Joshua D. Tobkin, CEO and Co-founder of Supra, commented:

Together, we aim to redefine the DeFi landscape, offering users enhanced security, privacy, and utility in their financial transactions. The commitment of these three organizations will bring something new and influential in the blockchain and DeFi world.

About Lends

Lends, a fixed-rate P2P lending protocol, offers fixed-term loans to known counterparties, solving issues like idle funds and ineffective supply-demand balancing. Lends provides a market-driven pricing mechanism, ensuring efficient and equitable lending. It supports multiple blockchains, and users can join the waitlist to stay updated on developments and token releases.

Join the Lends community:

Website | Twitter | Medium | Discord | Github

About Houdini

Houdini Swap is a leading platform that enables private cryptocurrency transactions across major chains. It ensures sender anonymity, integrates with compliant exchanges, and compares rates across various crypto pairs to find the lowest cost for users.

Join the Supra community:

Website | Twitter | Telegram | Medium

About Supra 

Supra offers decentralized cross-chain oracle solutions for enhanced smart contracts. With live data feeds on over 50 networks, Supra aims to supercharge Web3 applications. They also provide secure and reliable private transactions, leveraging a novel consensus algorithm for security. 

Join the Supra community:

Website | Twitter | Telegram | LinkedIn | Announcements | Medium | Discord | YouTube

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