Parnership | Parami partnered with 1Sol Protocol to explore on community growth and DAO governance

Parami Protocol
3 min readAug 25, 2021

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Parami Protocol, a user-centric universal attention marketplace with a privacy-preserving design, announces its new strategic partnership with 1sol, a state-of-art player in cross-chain DeFi aggregation on Solana.

1Sol Protocol will cooperate with Parami on its liquidity mining mechanism and help to expand business on a cross-chain basis. Leveraging Parami Team’s profound experience in Building on Polkadot, 1Sol will take a big leap in developing a cross-chain mechanism, thus expanding its business in a readily paved way with geared modification.

More importantly, this cooperation features community building and DAO governance where Parami and 1Sol share mutual values.

BUILD a Community

The partnership seeds back to the early stage of 1Sol’s community build-up. The Telegram co-developed by Parami and 1Sol Team has been helping 1Sol Protocol grow from scratch. The community growth plan had brought over 40k real-person users into 1Sol’s global community.

As the leading DEX aggregator on Solana, 1Sol is deeply convinced that community building is at the heart of the roadmap. Meanwhile, 1Sol shoulders the responsibility to attract users for the Solana ecosystem.

Moving forward, 1Sol will work closer with Parami and be among the first batch of social DAOs who leverage Parami’s Social NFT design to further activate the global community as well as to enhance governance.

What’s Next? Social NFT

Parami Protocol is planning to launch its social NFT soon. The social NFT empowers each DAO member to partake in DAO governance.

1Sol Team shares the same vision with Parami that social NFT is an effective and conducive means to ensure a healthy community growth in the long run.

1Sol Protocol, together with many other influencers, will be joining AD 3.0 network to build their own social DAO. Each member of the social DAO get to hold a piece of one social NFT which deepens the social bonding of community members and caved a solid way for each member to share interests with the group.

About Parami Protocol

Parami Protocol proposed an AD 3.0 paradigm for Web 3.0, to establish a user-centric tokenized advertising economy. AD3.0 is the accelerator of Web3.0, fueled by the Decentralized Identity (DID) and Zero-Knowledge Proof (ZKP) technology stack. It aims at giving the rights and profits, which have been long exploited by Web2.0 service providers, back to the users. Early investors include NGC Ventures, CMS Holdings, Genesis Block Ventures, Digital Finance Group, Genblock, etc.

Twitter | Telegram -English| Official Website

About 1Sol Protocol

1Sol Protocol is a cross-chain DEX aggregator for decentralized protocols on Solana, enbling the most seamless, efficient and protected operations in DeFi. With DeFi infrastructure rapidly growing, aggregators in high demand, cross-chain transactions being the future, 1Sol is born to bring together liquidity from both DeFi and CeFi (swaps, orderbook dexes, OTC, etc.) for multichains.

Website|GitHub|Twitter|Discord|Telegram

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