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Tag: Cross-Chain

What’s Happening in the Cosmos Ecosystem? An Early 2022 Review

Cryptocurrency markets got hit hard in January 2022, appearing to some to be at the beginning of a bear market. Downmarket or not, the Cosmos ecosystem and its $ATOM token…

The post What’s Happening in the Cosmos Ecosystem? An Early 2022 Review appeared first on CoinCentral.

Umbria Network onboards more communities to Avalanche and Polygon networks

Umbria Network is increasing access to projects built on the Avalanche (AVAX) and Polygon networks with its Narni bridging solution and partner programme. 


The protocol is collaborating with a range of platforms to facilitate the fastest and cheapest migration of assets cross-chain for their users. Umbria has forged new partnerships with Polygon NFT and DeFi platforms and announces its first alliances with AVAX projects, which come swiftly after the official launch of its Avalanche bridge. The Narni Polygon and Avalanche bridges offer substantially faster and cheaper transactions than the official bridges for both networks with transfers typically taking less than four minutes and often costing just $4-$9.  


Its latest partners (detailed below) endorse the Narni Bridge, recommending it to their communities for bridging crypto; many projects have also integrated the bridge widget into their platforms.  


Avalanche projects 

Avaxtars is the first browser-based Play to Earn (P2E) idle game on the Avalanche platform. AVXT is the ERC-20 Token of the AVAXTARS Game.

https://avaxtars.com/

Vending Machines NFT is a unique NFT project on Avalanche, which aims to focus on beneficial utilities for its holders. Holders of the 4444 unique Vending Machine NFTs will get many perks such as: minting rewards, shared royalties, free NFT Airdrops and best of all, their own land in the Metaverse. 

https://www.vendingmachinesnft.io/

Aalpha - With a focus on community, Avalanche Alpha is a place where we can all come together under a single banner: reviewing projects, giving the spotlight to new ideas, and creating a better, safer outlook for the network as a whole. 

https://www.aalpha.io/ 

Polygon projects 

Hamster Game is the NFT Trade-2-Earn game where Hamster NFTs are the traders with 193 visual traits for the Dump type and 194 for the Pump. Flip Hamsters on http://opensea.io as they trade and earn tokens. Frequent NFT trading means more tokens. 

https://hamster.game/ 

Cyborg Wolves – A generative collection of 5,555 NFTs (14 ETH traded) on the Polygon network created by 14-year-old Myles. The Cyborg Wolves are the meanest, baddest, yet sometimes cutest animals in the Cyborg universe defined by their "Bionic Eye" trait. The Cyborg Werewolves, an extension of the gen 1 collection, are minting March 18.

https://www.thecyborgwolves.com/

Space Game is a 100% on-chain collectible-based strategy P2E game leveraging both L1 and L2. All metadata and pixel sprites are generated and stored completely on-chain; no API and IPFS are used. 

https://spacenft.game/  

BetNFT presents Digital Greyhound Racing (DGR); a racing game that enables participants to select a greyhound from four bloodlines, and enter a race in a chance to claim a prize pool. Refining your skills in mastering elements such as breeding, distances, track conditions etc, will hold you in great stead in becoming a successful greyhound owner.

https://betnft.run/ 

Mining Life LLC manufactures, operates and manages high-quality crypto mining rigs. It also aims to invest the crypto assets to help grow the profitability of the crypto in which it mines.

https://mininglife.io/ 

Polygon Ape Community is a 1/1 collection of 5000 items on the Polygon chain. The collection symbolizes the hope of the Polygon community's growth. Each layer was hand-drawn with a coloring pencil and then run through an editing and generative art program to create a unique, presentable and special collection. 10% of all royalties will go towards #TEAMSEAS

https://www.pacnft.club/ 

Polyflip is a decentralized betting platform powered by Polygon Network and Chainlink. Unlike traditional casinos that operate in black boxes, Polyflip runs on smart contracts that are fair, transparent and immutable.

The platform provides a low-cost and fast gaming experience through the combination of both traditional core game and blockchain mechanics. Every bet comes with a 2% fee, distributed to all Polyflip NFT holders as a special reward.

https://polyflip.io/ 

Ape World Order is a pro wrestling ape themed NFT collection. Each AWO NFT has eight attributes, rated on a 0-100 scale. AWO is currently developing a tournament based NFT game that incorporates our native currency (Pizza Token) and allows NFT owners to enter their AWO NFT into tournaments that pay out similarly to horse racing. Even people who don't own an AWO NFT will be able to bet on the matches. We will keep all stats, and NFTs gain XP over time for bonuses. AWO can be minted with MATIC, WETH or Pizza Tokens.

https://apeworldorder.com/ 


“By vastly improving the UX with the fastest and cheapest bridging solution available and providing greater technical support, we're helping to onboard more users to partner ventures that are built on alternative networks to Ethereum,” said Oscar Chambers, Co-founder of Umbria Network. “Additionally, we strive to support the growth of our partners and their projects by offering a host of other marketing and networking benefits.”


Umbria is looking to reach out to projects on AVAX and Fantom that would benefit from cheap and fast bridging. Any parties interested in a partnership should fill out the Partnership Contact Request form: https://partner.umbria.network/

- Ends –

About Umbria Network 

Cheapest, fastest cross-chain bridge 


https://umbria.network/

https://bridge.umbria.network/

https://bridge.umbria.network/staking-pool/


Operating within the DeFi and NFT space, Umbria Network enables anyone to migrate cryptocurrency assets across chain cheaply and quickly. 


Umbria's Narni cross-chain liquidity bridge solves blockchain interoperability issues by removing the difficulty and expense of moving assets between blockchains and is the fastest and cheapest cross-chain bridge between Ethereum mainnet and Polygon, Binance Smart Chan, Avalanche and Fantom. Narni eliminates the barriers to entry for engaging with DeFi applications and NFTs making them much more accessible to a wider audience.  


Additionally, bridge liquidity providers earn high APYs on their crypto assets with no impermanent loss. 


The Umbria ecosystem, built on Polygon, has three major protocols:

  1. A Cross-chain Asset Bridge: enables the fast and cheap transfer of assets between otherwise incompatible blockchains and cryptocurrency networks.
  2. A Staking Pool: users can earn interest on their crypto assets by providing liquidity to the Narni bridge 
  3. A Decentralised Exchange (DEX): an automated liquidity protocol powered by a constant product formula, deployed using smart contracts and governed entirely on-chain. Provides fast and cheap token swapping

UK-publicly listed Online Blockchain plc (LSE: OBC) acts as Umbria's coordinator, administrator and advisor. This provides a level of transparency rare in the DeFi space.

THORChain Is Hammering the Rest of the Market

March 16, 2022       /       Unchained Daily       /       Laura Shin Join My Private Discord By Purchasing an NFT! I recently launched a private[...]

The post THORChain Is Hammering the Rest of the Market appeared first on Unchained Podcast.

Alium.Finance Launches Its Own DEX on the MoonRiver, Moonbeam and Aurora Blockchains

Tallinn, Estonia, Mar 16, 2022 - (ACN Newswire) - Alium Finance added Moonriver to the list of Blockchains available on Alium Finance Decentralized Exchange. Also, the company also launched cross-chain bridges that connect the Binance Smart Chain and Moonbeam, MoonRiver, Near Aurora blockchains. This will allow users to seamlessly transfer ALM tokens between these blockchains. In addition, the minimum limit on deposits in ALM tokens was increased to 1000 tokens for entering the Strong Holders pool.

"We continue to expand our capabilities and integrate new blockchains, which will allow users safe and convenient token transfers between different blockchains with one click. We also plan to integrate a number of other popular networks. Thanks to this, Alium.Finance users will be able to send crypto coins and stablecoins created on different blockchains without intermediaries. The exchange will be carried out automatically in the Token - ALM - Token", the company explains.

MoonRiver (Moonbeam) is an Ethereum compatible smart contract parachain on Kusama. It is intended to be a companion network to Moonbeam where it provides a continuously boosted canary network. First, the new code is sent to Moonriver, where it can be tested and validated under real economic conditions. Once verified, the same code is sent to Moonbeam on Polkadot.

To do this, a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks are provided. This allows developers to deploy existing Solidity smart contracts and Moonriver DApp frontends with minimal changes.

The Aurora Near blockchain provides compatibility with Ethereum and serves to scale the main Near blockchain. Thanks to this, fast transfer of transactions with a low commission for gas is achieved. Also, the company makes a significant contribution to the development of the DeFi market. The total blocked liquidity of Aurora Near exceeds $496 million, and the number of projects launched on this blockchain has already reached 86 companies. The implementation of the Aurora blockchain will allow Alium.Finance users seamlessly transfer, store, and trade tokens created on this platform. With low costs, best-in-class transaction finality, and scalability, Aurora redefines what is possible in the Ethereum ecosystem while also expanding NEAR's ecosystem to welcome and accommodate EVM-based applications. With Aurora, Ethereum users can work with familiar applications while benefiting from the efficiency of NEAR; as the transaction cost is several orders of magnitude cheaper than that of Ethereum, Aurora removes a steep financial barrier to entry for users and developers––especially newcomers to the ecosystem.

The introduction of three blockchains will allow Alium.Finance users to get direct access to the networks, as well as attract a new audience to the site, freely send tokens using our bridges. In addition, this event is of great importance for token holders. By attracting a new audience to Alium.Finance, we get new users, liquidity and trading volumes which would positively affect the value of the ALM token," the company commented.

Today, the Alium.Finance platform already supports 9 of the most popular blockchains, including BSC, Huobi ECO Chain, Polygon Matic, Fantom Opera, Ethereum, Metis, Moonriver, Moonbeam and Aurora. This allows users to seamlessly exchange tokens created on different blockchains quickly and securely. In addition, the developers of Alium.Finance are constantly improving the mechanisms of protection and security.

About Alium

Alium is a multi-chain DeFi ecosystem with an ambitious roadmap for cross-chain DeFi and NFT products. The ecosystem combines several products:

Alium Swap is a multi-chain decentralized exchange with a cross-chain option that already supports blockchains such as Binance Smart Chain, Huobi ECOChain, Ethereum, Metis, Matic, Fantom, Moonriver, Moonbeam and Aurora.

Alium Strong Holders' Pools - a great tool for holders to monetize hold term HODLing pioneered by Alium Finance.

Alium Hybrid Liquidity allows users to trade almost any crypto using the liquidity available both on Alium and the rest of the DeFi market.

Alium Bridges - cross-chain Bridges using the multi-chain ALM token integrated with Hybrid Liquidity for seamless and secure cross-chain Swaps with almost unlimited liquidity.

The ALM token is the main token of the Alium Finance ecosystem. In the future, ALM will be used as a utility token for DAO and as a security token for Alium Finance products.

Social Links
Official Website: https://alium.finance
Twitter: https://twitter.com/AliumSwap
Telegram Announcement Channel: https://t.me/aliumswap_official
Medium: https://aliumswap.medium.com

Media Contact
Brand: Alium.Finance
Contact: Karina Krupenchenkova, PR manager
E-Mail: [email protected]
Website: https://alium.finance

SOURCE: Alium.Finance



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

What Problems is izumi Solving for Uniswap V3

Launched on Bybit in December, izumi Finance is the first programmable liquidity mining protocol that optimizes liquidity allocation and enables the protocol to deliver rewards precisely and efficiently over certain price ranges.

The post What Problems is izumi Solving for Uniswap V3 appeared first on CryptoSlate.

LBank Exchange Weekly Listing Report — March 14, 2022

LBank Exchange Weekly Listing Report — March 14, 2022
LBank continues to deliver great projects for its users. This week’s intriguing new listings and a recap of last week’s listings are presented by LBank Exchange, giving consumers more information to better comprehend these unique prospects. New Listings on LBank Exchange Scheduled this week starting on 14th March. Project: CST Listing date: 14th Mar. Official […]

Metria Network: Creating a Unique Unified Blockchain Infrastructure to Support Next-Gen dApps

Metria Network, the much-awaited solution for the entire crypto industry will be within reach soon. The chain agnostic decentralized infrastructure is designed to meet the needs of new-age DeFi and NFT applications by overcoming the issues of scalability, interoperability, and fragmentation of liquidity. 



Currently under development, the Metria multichain platform is a Polygon-based ecosystem that combines the necessary features and enhancements required to enable seamless transfer of digital assets and liquidity across protocols. While a Polygon native platform, Metria also supports Ethereum and Binance Smart Chain at the moment, with plans for inclusion of more protocols in the future. 

A Peek into the Metria Ecosystem

The Metria ecosystem provides all the necessary infrastructure and tools for the development and deployment of a diverse range of multichain capable DeFi and NFT applications. The first few products to be launched as part of the ecosystem are the project's flagship decentralized exchange platform – Metria DEX, NFT tools and Unified NFT Marketplace and Universal Staking and Farming platform. 

Metria DEX

The native DEX protocol of the Metria ecosystem, Metria DEX is a completely decentralized, user-friendly multichain exchange platform that incorporates a familiar interface and CEX like features. The exchange protocol acts as a single window for users to trade any crypto asset, available on any of the supported blockchain protocols. Apart from enabling cross-chain trading of existing crypto assets, the platform also supports trading of synthetic tokens linked to real-world assets. 

The Metria DEX dashboard acts as a unified interface for cross-chain trades, swaps, staking, yield farming and other DeFi activities. Apart from its own staking and farming protocols, Metria DEX also acts as an aggregator by listing staking pools and prevalent APYs in real-time. Users can directly stake their assets on any of the listed pools from within the dashboard.

Unified NFT Marketplace

Metria is laying the groundwork for a robust, universal NFT ecosystem with its Unified NFT Marketplace. The first of its kind decentralized multichain NFT marketplace allows users to mint, trade and auction NFTs within Metria as well as other blockchain ecosystems. As the name suggests, the Unified NFT Marketplace acts as a single window for users to discover NFTs across different marketplace on various protocols and purchase them directly using Metria's native utility token.  

NFT Creators can make use of the NFT creation tools and other NFT related services to mint NFTs, assess their value and list on the Unified NFT Marketplace. Once listed, the NFTs will be indexed across marketplaces on all supported protocols amplifying discoverability in the process. 

Metria Blockchain 

Undergoing development in parallel to other Metria platform features, the Metria Blockchain is a Polysharding-based EVM compatible PoS blockchain protocol designed for chain agnostic operations. The protocol is being developed as a universal protocol that can cater to the needs of new age DeFi and NFT projects by providing a low-cost, highly scalable, and completely decentralized infrastructure solution. The cross-chain capability and EVM compatibility makes it easy for both new and existing projects to adopt Metria and gain access to a much wider community and enhanced liquidity from across different protocols. A key differentiator between Metria and other networks is the ability of Metria to enable seamless transfer of assets across protocols with the help of specialized crypto bridge infrastructure. By erasing the boundaries between protocols, Metria enables free flow of liquidity to maintain a healthy balance of demand and supply for projects within the ecosystem.  

The $METR Token

Powering the entire Metria cross-chain ecosystem, now and in the future is $METR. The ecosystem's utility and governance token, $METR is a multichain token that will be initially available on Polygon, Ethereum and Binance Smart Chain. Its presence will expand to other protocols as and when Metria extends support for those chains. 

$METR is the preferred mode of value exchange within the Metria ecosystem. Using the token, users can gain access to various products and services, enjoy discounted trading fees on Metria DEX and NFT Marketplace, and earn through staking, liquidity provisioning and yield farming activities within the ecosystem.  

The upcoming $METR whitelisting and public sale will be followed by listing on popular AMM DEXs – Uniswap, QuickSwap and PancakeSwap on Ethereum, Polygon and Binance Smart Chain respectively will enable the community to gain access to the token.

About Metria

Metria is an all-inclusive, fully decentralized financial ecosystem that erases all boundaries between Blockchains and Cryptocurrencies.  A unified platform, the infrastructure is designed to provide every individual, access to digital assets with absolute ease.

Learn more about Metria at: https://metrianetwork.io/

Read Metria's Tweets at: https://twitter.com/metria_network

Follow Metria on Instagram at: https://instagram.com/metrianetwork

Join the Metria Community at: https://t.me/MetriaNetwork

Follow Metria on LinkedIn: https://www.linkedin.com/company/metria-network/

Join discussions on Discord at: https://discord.com/invite/7VnbN8uM

Metria on Reddit: https://www.reddit.com/r/MetriaNetwork

Media Contact:

Metria Network
[email protected]

The State of Cryptocurrency Tax Reporting in 2022: Report

Welcome, Cryptonauts. It looks like It’s everybody’s favourite time of year again: Tax season. 🥳 🙄 It is no secret that tax reporting can be complex, especially for crypto holders, as trying to navigate the constantly changing crypto tax landscape with a lack of a structured taxation framework is an administrative nightmare. Luckily, with the […]

The post The State of Cryptocurrency Tax Reporting in 2022: Report appeared first on Coin Bureau.

Highlights March 15: Major cryptos in the red, China tech firms lead US indices lower

Major cryptos registered mostly small losses. On Monday, the European Parliament’s Committee on Economic…

The post Highlights March 15: Major cryptos in the red, China tech firms lead US indices lower appeared first on Coin Journal.

Enjin’s NFT gaming platform launches on Polkadot with 100+ games & apps confirmed

Enjin, an ecosystem for non-fungible tokens (NFTs), has now launched its parachain Efinity on Polkadot. As the first-ever NFT parachain to launch on the Polkadot network, Efinity will support CryptoBlades and its 1.1 million users, with additional commitment from over 100 games and apps. Fueled by the EFI token, Efinity is a Polkadot parachain purpose-built […]

The post Enjin’s NFT gaming platform launches on Polkadot with 100+ games & apps confirmed appeared first on CryptoNinjas.

Looking to make big bucks in GameFi? Check out these 3 coins

GameFI has emerged as one of the hottest trends in crypto, and for good…

The post Looking to make big bucks in GameFi? Check out these 3 coins appeared first on Coin Journal.

AstroSwap Partners World Mobile to Enable Trading of World Mobile Token for Billions of People in Africa and Beyond

AstroSwap Partners World Mobile to Enable Trading of World Mobile Token for Billions of People in Africa and Beyond
The latest decentralized exchange (DEX) on the Cardano blockchain, Astroswap is partnering with mobile network provider World Mobile to enable the trading of World Mobile Token (WMT). The partnership will bring users of the network from Africa and other parts of the world to the DEX. “It is definitely breathtaking to see this many Cardano […]

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