Forward Protocol x USDBalance Partnership — DeFi Growth Delivered Through Innovation and Stability
Forward Protocol’s vision to make blockchain adoption simple and facilitate participation in DeFi ecosystems through user-friendly adoption toolkits advances through our strategic partnership with Balance. Our collaboration will allow our latest partner to integrate their stable coin ($USDB) into the Forward Factory for users to easily deploy dApps using $USDB as stablecoin.
USDB is a novel algorithmic, stablecoin from Balance. It is designed to facilitate its global ambition to provide stable value and innovative financial vehicles to its users. USDB is a proof-of-burn stablecoin built on a solid foundation of efficient market strategies using underlying arbitrage mechanisms.
Our partnership with USDBalance is our next step towards making blockchain technology and DeFi services available through easy-to-use financial services. We are excited to facilitate the $USDB stablecoin into the Forward ecosystem to make easy-to-deploy DeFi mechanisms available to users, which are powered by our partners. We also look forward to supporting DeFi participants from USDB’s ecosystem in our global ecosystem of blockchain participants.
“Forward Protocol’s smart contracts, applications, and other products within Forward Factory combine to provide the ultimate blockchain experience for users of all classes. With every new member like USDB, we get new perspectives, unique experiences, incredible knowledge, and all the skills we need to blockchainize the world together. The way to the future is forward, and we are delighted to going the way with USDB.” — Mitch Rankin, Co-Founder of Forward Protocol.
“Integrating DeFi functions into traditional systems is the next step in financial evolution. This partnership with Forward Protocol will support us as we build and maintain the link between traditional and DeFi systems by assuring stability for every participant.” — USDB quote.
Forward Protocol does not compete with anyone. We collaborate to make the blockchain adoption vision simple and straightforward for every potential participant. Community members, partners, and blockchain enthusiasts can find more information about our vision and mission through our Litepaper and Whitepaper.
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About Forward Protocol — Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their blockchain applications without technical knowledge. Forward Protocol has elements of NFT, DeFi, Gamification, AI, ML and Social Tokens inbuilt that connect the value-driven economy. Applications and smart contracts from Forward Protocol can be deployed on any EVM compatible chains in one click. Forward Protocol is cross-chain compatible, industry-agnostic, and adoption-focused, with an ultimate goal to fast-track mass adoption of Blockchain Technology.
About USDBalance — USDB is a novel algorithmic, stablecoin from Balance. It is designed to facilitate its global ambition to provide stable value and innovative financial vehicles to its users. USDB functions as a proof-of-burn stablecoin, built on a solid foundation of efficient market strategies using underlying arbitrage mechanisms.