Zoth & Arcana Collaborate to Simplify User Adoption

We are very elated to announce our partnership with Zoth, a pioneering project that reinvents Defi by bridging its gap with the Real World Assets enabling liquidity for traditionally illiquid assets.

The Zoth protocol is a decentralized platform for listing real-world assets from emerging markets and creating liquidity for them on-chain. Onboarding an asset involves curation and due diligence, tokenization & listing, and liquidity management. This also influences different stakeholders and users who interact with Zoth in different ways. 

For example, validators play an important role in asset validation and due diligence and are compensated with Zoth tokens for their work. Also, lenders are incentivized to provide liquidity for the Zoth token as well as asset exchange. In addition to that, Zoth also provides liquidity incentives to liquidity providers who participate in liquidity pools. 

Check out the Links to explore and reinvent DeFi with Zoth.

Official Links: Website | Twitter | LinkedIn ‍

How Arcana helps out Zoth?‍

While Zoth strives to improve and incentivize Defi, this collaboration helps them get newer users onboarded to the Idea. Arcana's Authentication SDK plays a vital role here, as it onboards new users to the different product platforms through social signups and passwordless authentication for a seamless and secure user experience. 

Keeping in mind the utmost importance of a wallet during in DeFi Interaction, users also get to unlock the epic potential of the instant and secure non-custodial Arcana wallet, prioritizing both security and accessibility. 

This collaboration will also see Arcana Network contributing towards product feedback, co-marketing, and community building. Furthermore, we are committed to aiding Zoth in launching on Arcana's mainnet, aligning with their vision of creating an accessible environment around the field of Decentralized Finance

‍About Arcana Network‍

Arcana is the Ultimate Web3 Toolkit, giving developers a simple one-stop shop to build any sort of application by picking services from a modular suite. To begin with, Arcana launched Auth - an easy way for devs to onboard users and give them a non-custodial wallet. In other words, app users can use their email or social logins, and instantly get a secure, in-app wallet. No passwords, no seed phrases, no installations. With Arcana Auth, developers can simplify Web3 Authentication and improve user conversion rates by 2X.

Arcana has raised 2.7Mn USD from some of the leading investors and founders in the ecosystem, such as Balaji Srinivasan, Founders of Polygon, Woodstock, Republic Crypto, and Digital Currency Group. 

‍Arcana’s Mainnet is now LIVE! Official Links:  Website | Telegram | Twitter | Medium| GitHub | Discord|