Raze Network Partners With Konomi Network

Raze Network
2 min readApr 9, 2021

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To all Razers,

It is an absolute honor to reach a strategic partnership with Konomi Network, a lending protocol built on the same technical development framework as Raze Network.

Konomi network aims to provide money markets for assets in the Polkadot ecosystem and also issue its native network token in order to kick start liquidity and decentralized governance for its chain.

With the explosive growth of Decentralized Finance, we are seeing more projects set foot in this sector. The majority of DeFi is running on Ethereum, the top smart contract in terms of TVL and user activities, but it currently faces many operational problems. High gas fees and network congestion are the more salient problems that give headaches to most DeFi users.

While that is true, the real Achilles heel of Decentralized Finance, we believe, is the security (aka “how to stay camouflaged against predators”), and by that, we mean all active members in this space, including users themselves, have to learn how to protect their online footprints from being exploited because the malevolent hackers are getting extremely sophisticated at their schemes.

That’s why we want to reach partnerships with as many as possible so we can spread this awareness for many more. Now, we know Konomi Network is a state-of-the-art lending platform meant to return the full value of transactions back to the end-users. This partnership becomes very obvious.

For us at Raze Network, we are very excited to utilize the Konomi team’s knowledge and experience in handling users’ asset to help us learn how to better protect the network and the data of user assets, and in return, we hope to harness that borrowed wisdom and give it back to their community, assist, and provide end-to-end anonymity for them.

It is a pleasure to secure this partnership.

About Konomi Network

Konomi is a lending protocol built on Substrate. Using Substrate as the development framework, the network aims to provide money markets for assets in the Polkadot ecosystem. Konomi also issues its native network token in order to kick start liquidity and decentralized governance for its chain.

Contact Konomi Network

Website | Twitter | Telegram

About Raze Network

Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.

Contact Raze Network

Telegram | Medium | Official Website | Email | Twitter

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Raze Network
Raze Network

Written by Raze Network

Raze is a trustless zero-knowledge proof system designed specifically for decentralized finance.

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