Tagged: amms

November 23, 2022 @ 7:43 am By Omar Faridi  |  

Curve.Finance, which claims to be one of the largest DEXs and automated market makers (AMM), deploys on Celo, which is described as “the leading carbon-negative, EVM-compatible layer-1 blockchain, using fast, scalable proof-of-stake consensus.” The launch is “a collaboration among the Celo Foundation, Curve, Stake DAO,… Read More

June 28, 2022 @ 4:00 pm By Omar Faridi  |  

SithSwap, a “next-generation” automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round “led by Lemniscap, with participation from Big Brain Holdings, GSR, DWeb3 Capital, Ghaf Capital Partners, as well as angel investors Anthony… Read More

December 16, 2021 @ 7:55 am By Omar Faridi  |  

Balancer Labs has announced the launch of Boosted Pools. Boosted Pools aim to “solve for decreased capital efficiency with yields on tokens deposited into Automated Market Maker Pools.” The first iteration of this product will be with Balancer’s “close collaborator, lending protocol Aave.” Fernando Martinelli,… Read More

November 4, 2021 @ 7:56 am By Omar Faridi  |  

On November 3, 2021 (at 15:00 UTC), Stellar validators had reportedly voted to upgrade the network to Protocol 18, which adds Automated Market Maker (AMM) functionality to the Stellar protocol. As mentioned in an update shared with CI, this makes Stellar one of the earliest… Read More

October 2, 2021 @ 9:24 am By Omar Faridi  |  

Cosmostation has been chosen by Kava Labs as the very first ecosystem partner to receive a certain portion of the $185 million Kava Ignition Fund. As mentioned in an update from Kava Labs, an open-source developer of financial services for decentralized finance (DeFi), the funds… Read More

September 16, 2021 @ 9:06 am By Omar Faridi  |  

Umbrella Network, the decentralized Layer-2 Oracle solution, revealed on Wednesday (September 15, 2021) that they had formed a partnership with IX Swap, which claims to be the first decentralized finance or DeFi platform that provides Automated Market Making (AMM) & Liquidity Pools (LPs) for security… Read More

September 15, 2021 @ 9:00 am By Omar Faridi  |  

HaloDAO is collaborating with YGG for “local” stablecoin support “for simpler cash out,” according to an update shared with Crowdfund Insider. HaloDAO, a stablecoin marketplace protocol, is working cooperatively with Yield Guild Games (YGG) to “enable YGG community members to support simpler cash outs in… Read More

September 6, 2021 @ 9:00 am By Omar Faridi  |  

Cyclos, a newly developed Solana-powered DeFi project, has secured $2.1 million in capital (combined from a private and a public round). The proceeds will be directed towards developing the “first” concentrated liquidity AMM  (automated market maker) on Solana, which will enable several features “never seen… Read More

September 2, 2021 @ 8:46 pm By Omar Faridi  |  

We recently connected with Sameep Singhania, Founder and Director at Ginete Technologies and also the founding member at QuickSwap, which is described as a next-generation, layer-2 DEX (or non-custodial or decentralized exchange). Sameep told us that layer-2 blockchain solutions have gained massive popularity in recent… Read More

September 1, 2021 @ 5:20 pm By Omar Faridi  |  

Kava Labs, an open-source and non-custodial developer of financial products and services for decentralized finance (DeFi), reveals that it has launched its latest platform project, Kava Swap. As mentioned in a release, Kava Swap is a cross-chain Autonomous Market Making (AMM) protocol specifically developed to… Read More

August 19, 2021 @ 7:57 am By Omar Faridi  |  

Apifiny, a global digital asset trading network, has unveiled its VIP Early Access Program for Apifiny HEX, a “new class of hybrid digital asset exchange” that’s designed to combine the “best advantages” of centralized and decentralized trading into one, more powerful global trading platform. Eligible… Read More

August 15, 2021 @ 9:11 pm By Omar Faridi  |  

ApeSwap.finance, a decentralized exchange built on the Binance Smart Chain (BSC), is joining forces with Lympo, a platform built on Ethereum that’s developing a sports NFT ecosystem “centered around high-end NFTs created in official collaboration with world-famous athletes and clubs around the world.” As mentioned… Read More

August 7, 2021 @ 11:27 am By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers Axie Infinity, NFT Bots, and Mirror. Spencer Noon notes in their weekly update that Axie Infinity has “steadily” seen about 25,000 daily users “with on-chain transactions”… Read More

July 27, 2021 @ 12:04 pm By Omar Faridi  |  

We recently connected with Fernando Martinelli, the Co-founder and CEO at Balancer Labs, which supports the ongoing development of Balancer, an automated portfolio manager and digital asset liquidity provider. As covered in May 2021, Balancer Version 2.0, the “most flexible” and efficient automated market maker… Read More

February 24, 2021 @ 8:16 am By Omar Faridi  |  

We recently connected with Markus Jun, the founder and CEO of ICON Hyperconnect Public Representative, a leading block validator for the ICON network with $20 million in total staked value, and Hyperconnector, an official accelerator partner of the ICON Foundation & ICX Station Seoul. Markus… Read More

November 4, 2020 @ 7:28 am By Omar Faridi  |  

The development team at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” claims that there’s been “truly game-changing” progress and innovation in decentralized or… Read More

September 25, 2020 @ 12:15 pm By Omar Faridi  |  

Trent McConaghy, Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, explains that the Ocean Protocol aims to “equalize the opportunity to access and monetize data.” According to McConaghy, data marketplaces… Read More