Exposing Elastos to potential synergies and partners with other blockchain ventures.Kairon Labs will be able to add value to the Elastos ecosystem as a networking agent by: In addition to stabilizing public markets for ELA, onboarding Kairon Labs opens up a wealth of new networking opportunities in the exchange and investment space. We look forward to working closely with their leadership team to benefit the Elastos ecosystem,” said Fakhul Miah, Co-founder of Elation Studios. “We are excited to announce this partnership with Kairon Labs, the industry leading market maker for cryptocurrencies and utility tokens.
KAIRON LABS PROFESSIONAL
Ecosystem Benefits: Market Depthīy onboarding a professional market maker that is already well adapted to a variety of unique market dynamics and digital assets, Elastos stands to provide a far more stable, sustainable, and liquid market for traders and other individuals and organizations seeking to engage the Elastos ecosystem. As a leading market maker in the cryptocurrency space, Kairon Labs has been providing market making services since 2017, and has built an industry leading reputation providing tailored algorithms and support to more than 60 clients in various cryptocurrency sectors including DeFi and NFTs across more than 120 exchanges. Originally submitted as Suggestion #159 by ecosystem organization and CR Council member Elation Studios, the proposal was passed emphatically, with 11 of the CR Council’s 12 parties submitting votes in the affirmative. The Cyber Republic (CR) Council has officially closed a deal onboarding cryptocurrency market maker Kairon Labs to provide support across exchange markets for Elastos and its native token, ELA, as outlined in the terms of recently approved Proposal #80.
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