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Switzerland-Based Aave Announces Partnership with Pocket Network

Switzerland-Based Aave Announces Partnership with Pocket Network

The collaboration between Aave and Pocket Network will open doors for Aave dApp developers to access required data from various blockchains. 

Aave, an open source protocol, is combining its forces with Pocket Network, a decentralized blockchain data platform, to provide easy and efficient solutions for developers to create a new generation of dApps through the Aave Protocol.

According to the statement issued on July 19, through this collaboration, Pocket Network will provide Aave access to more than 40,000 nodes used to launch and maintain decentralized applications.  

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CEO of Pocket Network, Michael O’Rourke added:

The goal is to power the next wave of decentralized applications that combine Aave’s best-in-class liquidity market with Pocket’s unrivaled RPC coverage, which now supports 50 blockchains and is well on its way to achieving its goal of 100 blockchains in 2022.

The partnership become available after receiving funding and confirmation from Aave Grants decentralized autonomous organization (DAO), regarding the purchasing of Pocket Network's native cryptocurrency (POKT). 

This collaboration will provide great benefits for Aave and dApp developers. Before this partnership, users experienced platform instability, which is impacted by the ever-changing equipment of Remote Procedure Codes (RPC) using diverse infrastructures. Therefore, it required undeniable changes. 

Together with the Power Network, Aave will have a higher response and working time, lower time of delays, and multi-chain data service

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

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