M3 DAO, a decentralized network that focuses on empowering people to capitalize on Web3 ecosystems, today announced a strategic partnership with HSL Protocol, a decentralized perpetual network that enables people to trade cryptocurrencies using leverage through perpetual futures as well as manage and trade tokenized digital assets, including RWAs. Through this partnership, the two platforms join their respective tech strengths to bridge the gap between RWA and Web3, creating new opportunities for customers, investors, developers, and communities across the globe.
HSL Protocol is an infrastructure provider of decentralized tokenized markets. Through this approach, it provides liquidity to businesses and individual customers, enabling them to issue, manage, and trade tokenized assets, including RWAs. Besides that, HSL Protocol also serves as a decentralized platform that allows DeFi customers to execute leverage trades on a wide variety of crypto assets, allowing them to take long or short positions, using leverage of up to 100x and trade with low gas fees.
Why This Collaboration Matters for HSL Protocol
By integrating M3 DAO’s Layer-2 public chains, digital asset management, and cross-chain interoperability into its perpetual trading and RWA network, HSL Protocol pushes boundaries to create real impact for its users.
By taking advantage of Cosmos’s interoperability features to facilitate seamless movement of applications and data across multiple chains, M3 DAO functions across numerous fields, traversing different on-chain applications from DeFi, metaverse, GameFi, to mediaFi. It is a cutting-edge platform that integrates Layer-2 blockchain networks, the metaverse, and digital asset management to build a community-driven, diversified, and accessible digital ecosystem.
M3 DAO aims to connect people in the Web3 landscape with the real world through its three key products: MarsVerse (metaverse virtual world utilities), MarsChain (a network of Layer-2 chains supported by cross-chain interoperability), and MarsProtocol (a financial layer that provides users with tools to exploit advantages in DeFi, staking, decentralized investment, and asset management platforms).
By joining its tokenized RWA and decentralized perpetual trading network with M3 DAO’s Web3 infrastructure, HSL Protocol is creating a more inclusive and cross-chain ecosystem on its platform where decentralized perpetual trading and RWA applications become more accessible and effective through cross-chain interoperability. This means that HSL Protocol’s RWA and perpetual applications meet greater DeFi and Web3 access through multichain interoperability, an integration that enables HSL Protocol users to tap into advanced efficiency, new decentralized applications, and investment streams.
Strengthening Web3 Ecosystems
The alliance between M3 DAO and HSL Protocol marks a further step by the two platforms to achieve the development objectives of both decentralized networks.
With its aim to connect digital innovation with real-world applications by supporting projects’ incubation (growth), resource integration, and international user participation, M3 DAO leverages its partnership with HSL Protocol to advance its ecosystem reach and invite cutting-edge and impactful Web3 projects and customers to become part of its partners (users).
Through this collaboration, the two platforms are further developing a huge and interconnected Web3 ecosystem that is set to redefine the future of Web3.
Source: https://blockchainreporter.net/hsl-protocol-joins-forces-with-m3-dao-to-expand-perpetual-dex-rwa-platform-effectiveness-through-web3-ecosystem-interoperability/
