Sileon, a decentralized lending protocol that allows users to borrow stablecoins by collateralizing cryptocurrencies, today announced a strategic collaboration with Orexn, a decentralized launchpad platform that helps early-stage Web3 projects to grow. The partnership enabled Sileon to integrate its flagship product, popularly recognized as SEN Launchpool, into Orexn’s Web3 launchpad platform, a move that aims to expand the launchpool’s market accessibility to larger Web3 communities.
Sileon is a California-based multi-chain DeFi lending ecosystem that serves global crypto investors and users, allowing them to borrow and lend crypto assets across multiple blockchain networks. Its main product, SEN launchpool, allows people to access instant loans in terms of stablecoins secured against crypto holdings through the launchpool, which allows users earn passive income and use their crypto assets as collateral to grow their liquidity.
Why Sileon Is Debuting SEN Launchpool on Orexn
Through the partnership announced above, Sileon leverages Orexn’s decentralized launchpad platform to connect the SEN launchpool product to wider Web3 users.
Orexn is a decentralized launchpad platform that runs a launch space aiming to facilitate the growth of early-stage Web3 projects. It executes this function by giving users access to innovative crypto projects, token launches, launchpools, presales, and airdrops before they go public.
Through the collaboration above, Sileon integrated its SEN Launchpool in Orexn’s network. This means that Orexn serves as a launch platform that facilitates the introduction of Sileon’s SEN launchpool to broader Web3 participants (including institutional clients and retail customers).
Orexn’s widely known Web3 launchpad network caters to diverse needs for institutional players and individual customers who actively participate in the decentralized landscape. This well-established launchpad ecosystem is set to help Sileon’s flagship product – the SEN launchpool – expand its market reach to enable it gain increased traction and visibility by creating product awareness among the target audiences and attracting more customers and investors.
Unlocking Web3 Capability and User Experience
The alliance between Sileon and Orexn is more than just a partnership; it is a development that redefines the boundaries of the decentralized landscape. By combining Sileon’s DeFi lending offerings with Orexn’s Web3 active community, this integration represents a natural alignment between decentralized finance capability and the growing decentralized audiences. Together, the two digital platforms are creating opportunities for DeFi lending to thrive in Web3.
Source: https://blockchainreporter.net/orexn-web3-launchpad-integrates-support-for-sileons-sen-launchpool/
