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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

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.

Stripe 🤝 Crypto

March 11, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The US Department of Labor urged “extreme care” for fiduciaries considering[...]

The post Stripe 🤝 Crypto appeared first on Unchained Podcast.

“Wen Ford Focus?” How one of the Kylin community members might get a new car 

A provocative reply by one of the community members to the project’s Twitter post that celebrated a recent milestone prompted the network to start a challenge in which one lucky individual is expected to win a car.

The post “Wen Ford Focus?” How one of the Kylin community members might get a new car  appeared first on CryptoSlate.

Nodle Wins Polkadot Parachain to Advance Decentralized Wireless Network

San Francisco, United States, 11th March, 2022, Chainwire With 320,000 mobile downloads and moving over two billion data payloads per

The post has appeared first on thenewscrypto.com

Polkadot: The Most Widely Held Crypto Asset Among Venture Capitalists and Hedge Funds

Interoperable blockchain Polkadot is the most widely held altcoin among venture capital firms and hedge funds, according to a report from Messari. In an analysis of 57 funds, Messari found that over 24, or 42% of the funds, hold DOT, making the smart contract platform the most bet-on crypto asset on the market. “Additionally, as […]

The post Polkadot: The Most Widely Held Crypto Asset Among Venture Capitalists and Hedge Funds appeared first on Coin Bureau.

Avalanche to Invest $290M in ‘Subnets’ for DeFi, GameFi and NFTs

Avalanche is launching a major initiative in the subnets market.

Polkadot (DOT) and Terra (LUNA) May Be Best Altcoins to Bet On Now!

crypto trading

The post Polkadot (DOT) and Terra (LUNA) May Be Best Altcoins to Bet On Now! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The global crypto market has changed course after a continue loss. The new gains have brought it a significant value as its market cap has reached $1.78T. Bitcoin and Ethereum sees minor growth with major altcoins show mixed signals. Altcoins Traders Need to Watch Terra [LUNA] was the altcoin champion of the week, according to Messari’s …

Unique Network announces Crowdloan to secure Parachain Slot

Reading Time: 2 minutes On 14th March, Unique Network will launch the crowdloan campaign to participate in the 3rd batch of Polkadot’s parachain slot auctions. As a blockchain project offering a scalable infrastructure for building advanced economies with NFTs, it seems inevitable that NFT technology will be required for the future of any and […]

CoinList unveils the 7 crypto seed projects for Winter 2022 cohort

CoinList, a service platform for new crypto offerings, today unveiled its new batch of crypto projects for CoinList Seed, its platform for early-stage crypto entrepreneurs to connect with the CoinList community. More than 1,000 startups applied for the chance to join the new batch, which gives participating projects exposure to CoinList’s community of 4 million KYC-verified […]

The post CoinList unveils the 7 crypto seed projects for Winter 2022 cohort appeared first on CryptoNinjas.

Icon (ICX) Review: Potentially Undervalued?

When ICON was last covered here on CB back in 2020, it was colloquially referred to as The Ethereum of South Korea. From that name, you might already know that it was a long time ago when we covered this project, and a lot has happened since then. Nowadays, ICON is better known as a […]

The post Icon (ICX) Review: Potentially Undervalued? appeared first on Coin Bureau.

Parachain Auctions: Painful or Productive?

Parachain Auctions: Painful or Productive?
In December 2021, Polkadot achieved something it had been working on for a long time:  Parachains from its first round of auctions went live.  This was years in the making, and with all roadmaps that reach a major milestone, it was a big win for Polkadot, the parachains, and the blockchain industry as a whole. […]

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