Liminal, an “enterprise-grade” platform for digital asset custody, has announced a partner program with Avalanche, which claims to be the “fastest” smart contracts platform in the blockchain industry, “to secure projects built on their platform.”
As noted in an update shared with CI, the collaboration “advances both companies towards their mutual goals of making digital assets safe, efficient and rewarding without asset holders giving up control or ownership of their private keys.”
The partnership program grants Avalanche users “access to the Liminal platform at a highly-subsidized rate in the program period.”
This expansion also “enables users to connect with expert blockchain architects at Liminal, who can help design efficient and secure wallet infrastructure.”
Projects being built on Avalanche “include DAOs, gaming platforms, DeFi, NFT marketplaces and Web 3.0 platforms.”
Since launching in September 2020, it has “gained over 350 projects building on the platform, including top-tier DeFi projects like Aave, Curve, BENQi, Sushi, and Chainlink, as well as enterprise applications for leaders in culture and sports with Topps and Andretti Autosport.”
Liminal has “processed over $2.63 Bn transactions in less than a year.”
The platform’s goal is “to mitigate flaws in existing custody solutions such as complexity, susceptibility to hacking and single point of failure in security.”
The organization “automates wallet maintenance and infrastructure operations for developers, which enables them to launch faster and focus on value optimization.”
Liminal is an ISO 27001 & 27701 and SCO2 Type1 certified entity “securing a universal wallet management experience for several blockchains through their Vaults.”
As cybercrime continues to have severe impacts on consumers and businesses, safe custody of digital assets “remains a priority for any crypto-native business.”
Via this association, Liminal can “ensure compliance and implement a proprietary regulatory readiness program, which includes AML checks, travel rule and CCSS-compliance.”
Benefits of this program also include the following and are “applicable if users apply for the program” within the offer period:
- Discounted Price – Only $890 per month (discount of ~70%) for the first 6 months of program subscription
- Gas Free – The gas fee for all transactions processed on Avalanche is covered by Liminal
- Insurance Cover – $10mm Smart Contract Insurance
- Dedicated Manager – A expert blockchain architect at your service
- Support SLA – Queries will be answered within 24 hours of the receipt (Note: These are all available for Avalanche Partner Program offer period only.)
Mahin Gupta, Founder of Liminal, remarked:
“The Avalanche Partner Program signals the latest move in Liminal’s mission to ensure the premier self-custody solution for crypto-native businesses and Web 3.0 builders, as we ensure users have full autonomy over their digital assets. We are inspired to work with industry frontrunners such as Avalanche to move this mission forward,”
Liminal, founded in 2021, makes it possible “for everyone to store and manage their digital assets in an easy and secure manner.”
As mentioned in the update, Liminal is “an enterprise-grade platform that offers a robust infrastructure to secure digital assets.”
Liminal enables crypto-native companies “to securely scale their digital asset operations through automated, plug and play wallet infrastructure.”
Liminal’s security-first approach, “allows projects to define customized policies and assign roles to users based on their responsibilities.”
Liminal’s operations excellence framework “provides efficient fees management, transaction confirmation guarantees, seamless onboarding and other wallet operations.”
Their unified interface “ensures the same wallet management experience for multiple blockchains.”
As noted in a release, Avalanche claims to be “the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol.”
Avalanche developers further claim that their platform/network is “blazingly fast, low cost, and green.”
Any smart contract-enabled application “can outperform its competition by deploying on Avalanche,” according to its creators.