Asva Labs Partners with Kylin Network

Kylin Network
3 min readJul 2, 2021

Kylin Network is extremely pleased to add yet another DeData ecosystem partner: Asva Labs!

What does Asva Labs do?

Asva Finance, one of the premium products from Asva Labs, is a cross-chain DeFi aggregation protocol that leverages DeFi protocols from multiple blockchains to feature a wide range of functionalities like cross-chain token swaps, lending, borrowing, yield farming, and portfolio management. Their advanced cross-chain routing mechanism offers the best rates to users for all the services they avail from a simple user-friendly interface.

What will we do together?

  1. Asva Labs will make use of the fast and efficient data feeds offered by Kylin Network, while developing in concert what data feeding they can most benefit from via oracle scripting.
  2. We will Work together to understand all aspects of further operationalization and monetization of whatever data they may need or can provide within our network of DeData Ecosystem partners.

Why are we excited?

With an extraordinary vision for the future of cross-chain data and data infrastructure, Kylin will play an integral role in driving the DeFi growth in the coming phases of crypto evolution.

Dylan Dewdney, CEO of Kylin Network:
“We are very pleased to work with the team at Asva Labs to co-develop custom oracle scripting parameters that will be useful to their architecture. We are also excited to explore what further synergies there may be in the context of a DeData world for DeFi-oriented platforms like Asva.”

Mallikarjuna Naidu, CEO of Asva Labs.:Asva Finance aims to expand the horizons of DeFi capabilities through an array of cross-chain use cases. We have been on the hunt for secure data oracles to power our multi-chain functionalities and we have found a perfect partner in Kylin owing to their robust data infrastructure built on Substrate.”

About Kylin Network

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network will provide valid, reliable, secure, cost-effective, and easily-coordinated data sources and data analytics.

Contact Kylin Network

About Asva Labs

The world’s pioneer platform to fuel interoperable applications for DeFi, NFTs, and the metaverse, Asva Labs leverages Web3 blockchain technologies to pave the way for an interactive decentralized ecosystem. We address the existing limitations of the industry through cross-chain interoperable apps that flaunt remarkable scalability.

Asva Labs has deployed two premier products to change the face of decentralized services. Asva Finance — a cross-chain DeFi aggregation engine that features a one-stop solution for DeFi functionalities. And, Asva Virtua Space — a fascinating realm of on-chain metaverse powered by NFTs.

Asva Labs aims to bring DeFi and NFTs to the mainstream through an array of advanced use cases.

Contact Asva Labs

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Kylin Network

Building a Cross-chain Platform Powering the Data Economy on Polkadot