- PlasmaPay announced a partnership with Klyin.
- PlasmaPay is eager to explore many ways of monetizing and using data.
- The CEOs of both companies are happy to team up.
- Plasma is confident with Klyn’s methods.
The CEOs of both companies are happy to team up. According to Dylan Dewdney, CEO of Kylin Network, PlasmaPay is a great project to work with.
He added that they are “extremely pleased and excited.” He believes that PlasmaPay engaging with Kylin and Polkadot may bring good results.
On the other hand, Ilia Maksimenka, CEO of PlasmaPay, also expressed his confidence about the partnership. He stated that they are confident with Klyin’s methods.
He especially mentioned the way that they reduce the risk of new flash loan attacks on prices. Moreover, he also talked about another Klyin’s unique feature which is Klyin’s new decentralized data marketplace.
To continue, he mentioned that the feature could supply and buy data. He also wrote they plan to merge Kylin to exchange data. And take advantage of Klyin’s network of oracles for Plasma DeFi protocols.
In the end, he stated that Klyin would offer a high-security level. It will be for both their users and liquidity providers.