Solrise Partners With Delphi Digital

The independent research institute partnered with the protocol to improve business strategies moving forward.

By
Utulu Hope
on
June 2, 2021
Category:
Breaking News

Introduction 

The decentralized, trust-minded investment fund project Solrise is excited to announce its latest partnership with Delphi Digital. The protocol took to Twitter on the 1st of June 2021 to promote the collaboration. The partnership promises to add a fundamental research edge to Solrise’s advisory team. Recently, Delphi Digital announced a new phase in its transition — Delphi Labs. The independent research institute termed Delphi Labs as the “next stage in its Delphi Digital’s Evolution.” That said, what is Delphi Labs, and what does it bring to Solrise’s ecosystem?

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Delphi Labs In Focus 

The Delphi Digital team announced Delphi Labs in February. The purpose for this is simple — to assist in building the most promising projects worldwide in the digital sector. In this light, they have been working with optimistic projects like Aave, Synthetix, THORChain, to name a few. Working with these projects has shown that many of these projects lack talent and not money, according to the company. In essence, talent is more scarce than money, according to Delphi Digital. 

Delphi Labs intends to bring the right talent to restructure finance, the internet, and gaming by allocating capital from contributors and builders to entice innovative workers. Of course, contributors won’t fall out of the sky; more builders are needed to enter the crypto space in order to develop the talent there. Delphi labs want to become the leading contributor in building decentralized finance (DeFi) projects, and this can only be done by gathering many contributors and builders, and sourcing the best talent out of the initial group. 


The Partnership

Delphi Labs will provide authentication, authorization, and accounting (AAA) to Solrise. This means that contributions will be made towards Solrise’s development. Delphi Labs will serve as an investor, giving the Solrise team an edge in making critical changes to its protocol. With Delphi Digital in the books, fund management and investment on Solrise will be even more solid, upgrading their already-impressive product.. Delphi Digital will provide institutional-grade analysis through its research team, aggregate world-class talent to build Solrise protocol, and invest in the best opportunities available. These behind-the-scenes contributions will lay the groundwork for innovation in the company, as well as promoting the effectiveness of Delphi’s use-cases in DeFi.


About Solrise

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Solrise is a decentralized fund management and investment protocol built on the fastest blockchain, Solana. The protocol is easy to use, practical, and almost completely trustless. Users get to choose the type of fund to invest in or create theirs with just a few clicks. With Solrise, you can get exposure to several assets across Solana without the need to sacrifice the security of your time. 


Final Thoughts 

The addition of Delphi Digital is beneficial to both projects. Delphi Digital expresses their desire to help build promising projects, and Solrise is one of such projects that could have a tremendous future on the Solana blockchain. Solrise, on the other hand, will benefit from working with Delphi Labs as they provide research and consultancy to Solrise while also contributing towards its growth through DeFi Labs. Solana is a hotbed for innovation, and if talent starts being centralized around the “unhackable” chain, the sky's the limit when it comes to possibilities.

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Utulu Hope

UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer.