Sommelier Announces $1M R&D Grant from The Graph Foundation to deliver Graph Index Performance Improvements for Blockchain Market Data
In Partnership with Cosmos Developer Zaki Manian, The Graph Ecosystem Collaborates on Indexing Upgrades To Deliver Faster Ethereum Market Data Queries For Decentralized Finance
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PALO ALTO, Calif., April 14, 2021 /PRNewswire/
Sommelier, a decentralized finance (DeFi) blockchain protocol and Ethereum bridge that acts as a co-processor to the Ethereum world computer, today announced a $1M Research and Development grant from The Graph Foundation. This grant will fund ongoing Research and Development of indexing performance, protocol optimizations and improvements to the Graph Node. The Graph is a critical data layer to Sommelier s multichain protocol and its decentralized finance
What is SushiSwap (SUSHI)?
Mar 1 2021 · 18:37 UTC by Daria Rud · 5 min read Photo: Unsplash
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The guide deals with a novel liquidity pool platform SushiSwap, which is an Ethereum-based decentralized exchange (DEX) with an Automated Market Making system (AMM).
As the Decentralized Finance (or DeFi) space evolves, more and more novel financial platforms continue to emerge. One of the DeFi liquidity pool platforms worth talking about is SushiSwap (SUSHI).
What is SushiSwap?
Sushiswap is a relatively new DeFi protocol. In essence, SushiSwap is an Ethereum-based decentralized exchange (DEX) with an Automated Market Making system (AMM). Just like regular market makers add liquidity to both sellers and buyers, an AMM adds liquidity from several digital assets in smart contracts called liquidity pools.
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ZK s International Subsidiary, xSigma Corporation, Hits the Top 25 of the Industry s Biggest DeFi Projects and Achieves $115 Million of Value Locked on Opening Day
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WENZHOU, China, Feb. 25, 2021 /PRNewswire/ ZK International Group Co., Ltd. (Nasdaq: ZKIN) ( ZKIN , ZK International or the Company ), is pleased to announce that xSigma Corporation, a subsidiary of the Company and a blockchain R&D lab, has successfully launched its DeFi protocol, getting over $115 Million worth of liquidity within the first 24 hours (total value locked). This puts xSigma on the list of The Top-25 DeFi projects by Total Value Locked, according to https://defipulse.com. The link to the project s website is: https://xsigma.fi
Polkamarkets Disrupting Prediction Markets with Its DeFi-Powered Platform
Feb 11 2021 · 13:30 UTC | Updated
Feb 11 2021 · 17:03 by Andy Watson · 5 min read
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Polkamarkets will enable participants to find yield through decentralized exchange, lending, farming and providing liquidity for others to use.
Polkamarkets, a DeFi-powered prediction market, is introducing an innovative approach to the forecasting markets. The platform uses blockchain technology to open up the market to more people across the globe whilst providing them with alternative means of earning from their prediction of real-world events.
Polkamarkets is built on the Polkadot blockchain enabling it to combine the power of DeFi and liquidity incentives to usher in a new era of forecasting. With this new model, Polkamarkets is disrupting the prediction markets by becoming the premiere forecasting tool on the blockchain. By utilizing the key