Mainframe, a 2018 communications ICO, is pivoting to DeFi by acquiring continuous payments app Sablier.
DeFi is drawing in more than just new users, enticing developers to pivot their projects towards crypto’s hottest new trend.
DeFi lending protocol Mainframe announced today the acquisition of Sablier, a real-time finance protocol designed to send continuous payments via the Ethereum blockchain, dubbed “money streaming.” The Mainframe team will use Sablier tech to develop a novel DeFi product in the form of low-collateral bonds. The announcement shows how quickly the DeFi market is developing, and how consolidation can drive innovation in the highly fragmented crypto market.
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https://decrypt.co/36978/defi-bond-system-mainframe-acquires-sablier