Zebec Protocol has announced on Twitter that it has entered into a partnership with Salmon Wallet. According to the terms agreed by both parties, the Zebec Protocol will provide a Multisig Treasury Management Function to the Salmon Wallet.
Salmon Wallet is an open-source wallet that is non-custodial with a focus on non-fungible tokens.
Zebec Protocol is the first programmable cash flow protocol based on the Solana network. It provides a real-time continuous stream of payments for investment, wages, and other purposes. Sam Thapalia founded the protocol in the fourth quarter of 2021.
Sam Thapalia is often referred to as a genius behind the creation of several Web3 platforms. The one that is counted as the best work is Cue Zebec.
It takes great features to offer services with a low transaction fee. Any application can collaborate with Zebec Protocol to establish connections with auto payments, user balance, trading, and investment. At the time of writing, Zebec Protocol has helped more than 246 projects go live on its network.
Hackathon has been organized by the team twice since the protocol was established. It was once organized during the launch, and it was organized another time in the recent days of the current year.
The first quarter of 2022 marked a significant phase for the Zebec Protocol, and that is when it entered into crucial integrations for SaaS/DeFi and the adoption of Web3 Orgs.
Zebec Protocol is backed by the reputations of Solana Ventures, Coinbase Ventures, Gemini, Lightspeed, Distributed Global, Alameda Research, and Republic Capital, among many others. Offices of the protocol are spread across California, Melbourne, Nigeria, and Nepal.
The functioning of the teams is in small numbers, with members residing in different parts of the world.
Zebec Protocol aims to bring a revolution in the DeFi industry further to enhance the digital economy of the Web3 world. It additionally aims to establish Programmable Money Streaming to construct greater and better financial innovations.
Interested users can connect with the protocol through its official Discord, Twitter, and Telegram handles.
Solana is a blockchain that allows users to scale their user-friendly apps in a decentralized manner. It can handle 860 transactions per second, with total transactions standing at 78,457,389,000 at the time of drafting.
When saving the cost of the users, Solana comes to the rescue with an average transaction cost of $0.00025. A total of 1,745 validators are present in the network.
Termed the fastest-growing crypto ecosystem in the world, Solana supports projects from different backgrounds, including, but not limited to, non-fungible tokens, Web3, and Decentralized Finance.
A transaction executed over the Solana network is safe as it spans thousands of independent nodes and makes the Solana network censorship-resistant.
The partnership with Salmon Wallet is an example of the future for the team. The Zebec Protocol has growth written all over it, setting an example for others about how progress is achieved through fruitful partnerships.