Taskon Partners with Euclid Protocol to Enable Users to Access DeFi Cross-Chain Liquidity, Unlock Advanced Web3 Opportunities

Taskon, a Web3 task collaboration platform that enables projects to promote their brands and collaborate with users for growth, today announced a strategic partnership with Euclid Protocol, a DeFi platform that unifies liquidity across blockchain ecosystems. Based on this joint venture, Taskon is incorporating Euclid’s cross-chain liquidity infrastructure into its Web3 collaboration platform to advance its decentralized ecosystem and offer its users a more comprehensive experience.

Taskon is a decentralized platform that enables Web3 projects to easily run campaigns to promote their brands, collaborate with their users, onboard customers, and build their communities by creating tasks that customers complete for incentives like crypto tokens. At its core is a project management tool that allows projects to manage tasks, connect with users, grow their customer bases, and advance engagements.

Taskon Tapping into Cross-Chain Liquidity Through Euclid Protocol

The alliance above combines Euclid Protocol’s cross-chain liquidity layer with Taskon’s collaboration platform to promote the adoption of DeFi and Web3 by making these decentralized services more accessible, effective, and advanced for users.

Euclid Protocol is more than just a DeFi network, as it connects various blockchain ecosystems, enabling users to interact with assets and applications across multiple chains. Its cross-chain infrastructure unifies liquidity across multiple blockchains, allowing users to convert and move assets across different protocols easily, rapidly, and cost-effectively. With its cross-chain bridging and liquidity aggregation capabilities, Euclid Protocol addresses the challenges of fragmented liquidity across multiple chains, making blockchain applications accessible to a wider audience.

This alliance with Euclid marks a new crucial chapter for Taskon as it embraces a significant step towards enhancing DeFi’s accessibility and utility for Web3 projects and users operating on its network. This collaboration is a confirmation of Taskon’s effort to keep developing its Web3 network by collaborating with extraordinary platforms that advance innovations in the DeFi and decentralized environment.

The integration means that Taskon now has access to cross-chain capabilities on the Euclid Protocol, allowing its users to execute multichain transactions across multiple chains. This alliance is also essential for Euclid as Taskon’s integration into its platform expands its network footprint. As a result, this allows liquidity to flow into the Taskon network and increase the number of on-chain transactions for both Taskon and Euclid.

Building Web3 Community and Adoption

This collaboration between Taskon and Euclid is set to advance user experience on the two networks, as customers on the respective platforms can now access the integrated offerings. Euclid’s cross-chain liquidity aggregation aligns with Taskon’s mission to drive the adoption of Web3 through its simplified, efficient solutions. By empowering its community with effective, cross-chain experience, Taskon encourages wider adoption and engagement across Web3 ecosystems.