Curve Finance coming to Equilibrium's Polkadot parachain
Decentralized finance exchange platform Curve Finance will soon be implemented on Equilibrium’s Polkadot parachain. Equilibrium, a Polkadot-based DeFi project previously known for its EOS presence, is partnering with Curve Finance to bring the latter’s automated market maker platform, Curve, to the Polkadot (DOT) ecosystem, according to an announcement issued on Monday.The plan involves integrating a Substrate-based version of Curve on Equilibrium’s Polkadot parachain and is supported by the Web3 Foundation’s Open Grant Program.As previously reported by Cointelegraph, Substrate —....
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Polkadot is likely to offload many of its core features to special-purpose public parachains. As Polkadot (DOT) gets ready to launch parachain auctions, a combined fundraising and market interest discovery mechanism, the team is realizing that some core features may be ill-suited for the auction mechanism.Polkadot parachains are somewhat analogous to the sharding proposal for Ethereum 2.0. Each parachain is a largely independent blockchain built for a particular purpose. Many projects building on Polkadot, like Moonbeam, Equilibrium or Acala, are developing their own parachains where the....
Quantstamp's audit is crucial to ensure a smoothly operating blockchain. One of the first audits of a decentralized finance project connected with the Polkadot (DOT) blockchain is set to be carried out by blockchain security firm Quantstamp. The project, Equilibrium, had first announced its plans to develop an interoperable protocol on Polkadot in summer of this year. For its transition to Polkadot, the project has been developing new products for its decentralized, cross-chain money market, such as interoperable stablecoins, a synthetic asset platform, and a decentralized....
It costs a lot to swap assets on Ethereum. Curve Finance is building a version on Polkadot to enable a multi-chain future.
The Polkadot parachain auctions are continuously creating waves in the blockchain and DeFi space as promising projects are participating and seeking support to enable their vision for the future of the Dotsama ecosystem. Composable Finance has officially launched their crowdloan for the auctions in the second batch, opening the door for the DeFi ecosystem to support their efforts in securing a Polkadot parachain. It is important to note that Composable Finance has previously procured a Kusama Parachain and is taking a similar approach in their campaign for the DOT parachain. ....