Portals’ Any-to-Any Asset Swap & Zap Integration Brings One-Click DeFi Strategies to ShapeShift’s Multichain Platform
Portals, a leading provider of low-code decentralized finance (DeFi) integration solutions, today announced that its advanced technology is powering “Shifts,” a new feature on ShapeShift, the multichain DeFi platform and wallet. This collaboration is set to revolutionize access to decentralized finance, making it more approachable for both seasoned crypto users and those new to the space.
Decentralized finance offers diverse opportunities, but its complexity often acts as a barrier to entry. Typically, moving between different assets and DeFi positions requires multiple, confusing transactions. Portals’ any-to-any asset swap and zap integration eliminates this complexity, enabling ShapeShift users to execute sophisticated DeFi strategies with unprecedented simplicity. Through the “Shifts” feature, users can now transition seamlessly from any EVM-compatible asset directly into a DeFi position, or move between different DeFi positions, all within a single transaction.
ShapeShift’s “Shifts” feature is now available to all ShapeShift users through their web and mobile app.
For more information about Portals and its DeFi integration solutions, users can visit Portals.Fi.
About Portals
Portals provides a comprehensive low-code DeFi integration solution, featuring a Swap & Zap API that enables complex multi-chain transactions and a Data API that offers real-time and historical DeFi asset information. Supporting over 200 protocols across multiple EVM-compatible chains, Portals simplifies DeFi operations for developers and users alike, offering features like one-click functionality, robust slippage protection, and extensive asset coverage.
About ShapeShift
ShapeShift, founded in 2014, is a leading DeFi platform that provides a seamless, secure interface for trading and managing digital assets across multiple blockchains. Powered by THORChain and other leading DEX’s such as CoW Protocol, LiFi, and others, ShapeShift offers users an optimal aggregated DeFi experience with features like zero-interest lending, non-custodial trading, LPing, and streaming swaps on top of an easy-to-use portfolio interface. ShapeShift is dedicated to empowering users to maintain full control over their crypto assets while navigating the rapidly evolving multichain landscape.
ContactCo-FounderSuhail GangjiPortalshello@portals.fi
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
