Author: admin

Cryptocurrencies are all I talk about. Most of the time.

AliumSwap Integration with OKC

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AliumSwap aims to provide access to advanced tools and features. One of these tools is AMM multi-chain DEX that will allow users to trade assets within blockchain with low commissions and transfer them between different networks seamlessly and safely by using the upcoming cross-chain feature. The project pays a lot of attention to security measures and passes audits by CertiK, Hacken, and Chainsulting.

One of the latest solutions developed by the company is Strong Holders’ Pool, which acts as a battle royal for token holders and a customizable smart staking solution for the company. It will also be launched on the OKC network, an excellent opportunity for OKC-based projects to gain more holders, increase TVL, and add more value to their projects.

AliumSwap operates on BNB Chain, HECO, ETH, Polygon, Fantom Opera, Metis Andromeda, Moonbeam, Moonriver, and Aurora. Now, it’s time for the next blockchain integration. During the past decades, OKXChain evolved and AliumSwap considers this network as one of the growing chains with the most potential to build products on. Naturally, our next choice to move forward was to deploy on OKXChain, also known as OKC!

What is OKC

OKC is a secure & programmable smart contracts platform for next-generation decentralized applications, backed by OKX, one of the largest crypto exchanges. The technology built into the chain was designed explicitly for high-performance trading activities and financial services with lower cost, making it an excellent match for many DeFi protocols, NFTs, and other Metaverse applications.

Advantages of OKC

  • High Performance: Based on enhanced Tendermint and Delegated Proof of Stake (DPoS) consensus that can support up to 3,000 Transactions per Second (TPS), DeFi (decentralized finance) applications shall reach their full potential at extremely low cost.
  • Compatibility Doubled: OKC will support Inter-Blockchain Communication (IBC) protocol that — together with the Tendermint consensus algorithm, featuring instant finality — can be used to realize value transmission between Cosmos ecosystem within seconds. OKC is also 100% EVM compatible, meaning that decentralized app (DApp) developers can deploy their DApps from the Ethereum network (or other EVM compatible blockchains) to the OKC with ease. Smart contracts written in Solidity can function on OKC as they do on Ethereum.
  • Developer Friendly: OKC is completely open-source. Anyone can read it, check on the progress, comment on it, and help build the ecosystem. OKC also provides native oracle protocol and industry-leader Chainlink for maximum flexibility to access price feeds.
  • Secure: The OKC team offers a reliable smart contract auditing service, making it a genuinely decentralized protocol that avoids the centralization risks of most blockchain networks today.

OKC already has a wide network and a great community. AliumSwap’s team expects that this integration will attract new business partners and traders, and represents the first steps, toward the upcoming trading opportunities from this integration and future partnerships and collaborations.

Follow the Official Channels:

Official Web: https://alium.finance/

Docs: https://docs.alium.finance/

Blog: https://blog.alium.finance/

Github https://github.com/alium-official

Twitter https://twitter.com/AliumSwap

Telegram: https://t.me/aliumswap_official

Linkedin: https://www.linkedin.com/company/75861509/

Smart Staking Pools and Cross-chain Swaps for Your Business

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AliumSwap develops solutions for the market and allows businesses to find their way back into profitability and growth.

Let’s get one thing out of the way first — for serious projects, it has never been easy to play the cryptocurrency game. Sure, there are meme coins, and random stories of lucky strikes here and there, but these projects are largely only temporarily successful. To build a strong, lasting project that will stand the test of time in today’s markets one needs to do exactly that — build!

And… building is not easy! It is not only about having some good ideas. For the project to be set up correctly, there needs to be a massive amount of work invested into it. Many businesses have failed on either implementation, teamwork, or the worst — security part of the process. The cryptocurrency business is a business of finance and as such it’s a sensitive matter where trust is the primary asset.

Smart Staking Alternatives

Strong Holders Pool was developed as a tool to incentivize holding your token, not selling. For users, SHP became a mechanism to reward the strongest holders at the expense of Flippers.

Today, Strong Holders Pools is a customizable smart staking tool that protects the Investors, Projects, and Community from the dumps, improves the project’s TVL, brings more engagement and awareness, and opens new opportunities for your business. SHP is a farming-staking alternative that can be customized per your request and used as a part of your own cryptocurrency business.

Once your start to set up SHP for your token, you will be able to

  • Customize mechanics for your smart staking pool
  • Choose and set the rewards for the strongest holders
  • Boost your smart pools with cross-marketing opportunities
  • Place SHP on your platform or choose Smart Pools Marketplace
  • Design the frame and style of your Smart Pools

Strong Holders Pool is a very flexible product and can be set up to suit the needs of the company. For example, you can add a staking or farming function to a regular holding, as well as your users will be able to earn not only by holding coins but also receive passive income.

Cross-chain Swaps

AliumSwap has already launched multi-chain DEX on 9 blockchains. This time, the team introduced cross-chain swaps starting with Polygon, sequentially releasing other chains such as Fantom, Ethereum, HECO, Aurora, Metis, Moonbeam, and Moonriver.

Along with the hybrid liquidity feature, cross-chain swaps will allow traders and investors to use both the liquidity available on AliumSwap and major exchanges, using an algorithm to select the best price.

To exchange a token created on Binance Smart Chain for a different token on the Polygon chain, you need to follow a few steps. Choose Binance Smart Chain and the token that you wish to swap; then Polygon Chain and the token that you would like to receive. Enter the amount of token for your swap and proceed with your transaction.

Our native ALM token becomes an intermediate token in the exchange. In other words, the exchange flows from a token A on one blockchain over to the ALM token. It immediately proceeds to be converted to a new token B which can be on a different blockchain. In addition, users have to pay a commission for conversion (trading fee for swapping on each chain, 1$ for bridge, and for gas, if required), and the exchange itself takes only a few moments.

Summary

There is no surprise that many businesses opt for external business solutions. Projects seek trust and security, as well as the profitability and reliability in such partnerships. Fortunately, AliumSwap is just one of those partners. It is one of the growing and most versatile platforms with unique smart staking alternatives, multi-chain options, hybrid liquidity features, and upcoming cross-chain swaps, that are very competitive in the cryptocurrency market.

Please check the availability of Alium Network products in the links below:

Links:

About Us: https://docs.alium.finance/

Official Website: https://alium.finance/

SHP Official Web: https://shp.alium.finance/

Blog: https://blog.alium.finance/

Twitter: https://twitter.com/AliumSwap

Telegram: https://t.me/aliumswap_official

LinkedIn: https://www.linkedin.com/company/alium-finance/

The multi-chain platform from AliumSwap is set to change the world of DeFi!

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If you are looking for new ways of creating passive income, you’re not alone. Business minded people around the world are flocking over to the DeFi solutions to avoid the effects of inflation and maximize their earnings!

The development of DeFi completely changed the perception of users about the traditional economy and its possibilities. Big money earnings traditionally were mostly restricted to professional traders from Wall Street, bankers, and financial consultants. Recently, the creation of decentralized finance has opened unlimited earning opportunities for ordinary users. Today, millions of people choose DeFi for staking, which by its nature is analogous to bank deposits, liquidity farming, or lending.

Let’s see how one such advanced solution from AliumSwap can help users achieve financial independence!

Multi-chain exchange without overpayments in a few clicks

If you have ever faced the problem of exchanging tokens created on different blockchains, then you understand that this is not an easy task. As a rule, to complete such a transaction, the user must first transfer the tokens of one network, and then to the tokens of another project on another blockchain. Such an operation takes some time, and it also requires double or even triple fee payments. Sometimes the benefit would get completely erased by the cost or the length of this process.

The AliumSwap team had seen the issue with this process and decided to work on developing the solution for it: “We have been studying market problems for a long time and see a problem with token exchanges in various chains. That is why we have developed our own unique product AliumSwap. Users can exchange tokens between blockchains in one click by paying a minimum fee. Our native ALM token becomes an intermediate token in the exchange.”

In other words, the exchange flows from a token A on a first blockchain over to the ALM token. It immediately proceeds to be converted to a new token B which can be on a different blockchain! Users only need to be aware of one exchange as the whole process is automated and happens seamlessly behind the scenes.

The best part? The list of supported chains is not small. AliumSwap currently supports seven bridges: Binance Smart Chain, Polygon Matic, Fantom Opera, Metis Andromeda, Moonriver, Moonbeam, and Aurora. There are more in development and soon will be added to this list. One major upgrade that is already in the development and nearing completion will be the addition of the EVM Bridges for Ethereum and HECO blockchains!

Passive income with Strong Holders Pool

We all know how convenient the bank deposit accounts are. Money deposited into accounts allows us to receive guaranteed payouts. Today, however, most bank deposits remain unprofitable due to rising inflation, and in some cases they’re even — negative!

If you are looking for new ways of creating passive income, you’re not alone. Business minded people around the world are flocking over to the DeFi solutions for that very reason.

The benefit from participation in token pools is obvious for the issuers as well. The Strong Holders Pool helps companies to avoid the rapid and massive token drain that often occurs after public coin sales.

There are currently 9 Strong Holders Pools in action, as there are limited spaces available not all of them can be currently joined but there is an active one that accepts new members!

Liquidity Migration

Liquidity migration is a great way for retail users to make additional money. The implementation of this feature on the Alium exchange is necessary so that users can easily transfer their liquidity from other DEXs to Alium. In return, users receive ALM tokens, which are already traded on centralized and decentralized exchanges today. After launching this feature, AliumSwap users can transfer their liquidity in the following directions:

  • The following exchanges are available for liquidity migration under the Ethereum protocol: Uniswap v2, Sushiswap
  • On Binance Smart Chain: Pancake, Bakeryswap, Biswap, MDEX, Pancakebunny, Rabbit finance, Pantherswap, Autoshark, Apeswap, Cashcow finance;
  • On the Polygon network: Quickswap, Honeyswap, Firebird Finance, Dfyn Network, Polycat finance, Polyyeld, Kogefarm;
  • At HECO: MDEX.
  • Fantom: SpookySwap, Spirit Swap
  • Metis: NetSwap, Tethys.finance
  • Moonriver: Sushi Swap
  • Moonbeam: StellaSwap, beamswap
  • Near Aurora: NearPad, dodoex.io

These liquidity migration options are already available to users.

Conclusions

Summing up, we can conclude that AliumSwap allows users to quickly and easily earn money by providing liquidity or participating in the Strong Holders Pool. In addition, the launch of a multi-chain DEX allows you to transfer tokens from different blockchains in only a few clicks, saving money on paying fees.

Links:

Official Website https://alium.finance/

About Us: https://docs.alium.finance/

Twitter https://twitter.com/AliumSwap

Telegram https://t.me/aliumswap_official

Medium https://aliumswap.medium.com/

LinkedIn https://www.linkedin.com/company/alium-finance/

YouTube https://www.youtube.com/channel/UCld66_AjPNGwhb01-pq8QXA

Hey! Great things are coming in May!

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If you’re reading this, chances are you are a part of our community and if that is the case we want to say thank you for your patience. It will be rewarded! If you’re joining our community now, it’s the best time to do it. Thank you as we appreciate everyone’s support.

Don’t sleep on our team because our team is not sleeping on you. They were busy building and improving the technology that we are so proud of and that makes us unique in the market. You will start seeing a lot of improvements starting as soon as May! So what are we so excited about?

Multi-Chain DEX release

…or as we like to call it “a world of finance reDeFined”! It’s a real game changer! It’s a unique, fast and reliable DEX that will allow trading and swapping tokens in just a few clicks across 9 different blockchains. This DEX has a bright future ahead and it’s built upon our $alm token. We’re getting ready for an exciting, wonderful year! Join us if you haven’t already!

ETH — HECO Bridges

Once we release our multi-chain DEX our work is not done. We are upgrading the cross chain interoperability and building bridges with our partners. We have some amazing upgrades here as well. ETH and HECO are becoming a part of our financial ecosystem!

We also have two major announcements for our Cybercity project. This May we are reaching two important milestones.

Cybercity IDO and a Cybercity Marketplace release!

These will take Cybercity up to a new level! We will cover all the news more in detail in the coming days. Stay tuned and informed by following our social media accounts.

We are super excited about all this and grateful for the opportunity to see our community reaping some rewards and benefits from our hard work. If you’re as excited as we are — show us some love with emojis!

Links:

Official Website https://alium.finance/

About Us: https://docs.alium.finance/

Twitter https://twitter.com/AliumSwap

Telegram https://t.me/aliumswap_official

Medium https://aliumswap.medium.com/

LinkedIn https://www.linkedin.com/company/alium-finance/

YouTube https://www.youtube.com/channel/UCld66_AjPNGwhb01-pq8QXA

Alium Finance announces a competition for traders with a total prize of 2000 USDT

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Alium Finance announces the launch of a competition for traders with a total prize pool of $2000 USDT. Within 14 days, professional and novice crypto traders will compete for the main prize — 500 USDT. At the same time, the rewards will be divided into 2 types: fixed and variable.

To participate in the contest, you need to make at least 5 trades on Alium.Swap in pairs with ALM, rewards start accruing from the sixth trade. Today, more than 30 trading pairs are available to users, including such as 1İNCH, ADA, BAT, COMP, and others.

The top 5 most productive traders will be able to receive one of the fixed rewards:

  • 1st place — 500 USDT
  • 2nd place — 300 USDT
  • 3rd place — 300 USDT
  • 4th place — 150 USDT
  • 5th place — 100 USDT

Also, from each completed transaction since the start of the contest, 0.05% of the volume of each completed transaction by all traders from March 16, 00:00 to March 30, 23:59 will be charged to the additional prize pool. Alium will also allocate 650 USDT for an additional prize pool. An additional prize pool will be distributed among the 25 highest performing traders. The volume of the pool and individual awards depends on the total number of participants in the competition.

The contest starts on Wednesday, March 16 at 00:00 UTC and will run until March 30 at 23:59 UTC. Rewards will be credited to participants’ wallets within 5 working days after the end of the contest.

To take part in the traders’ contest, fill out the form.

Alium.Finance launches its own DEX on the MoonRiver, Moonbeam, Aurora blockchains

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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.

AliumSwap Development Updates 02/2022

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Hey there, everyone! As February has come to an end, we resume our monthly development updates article cycle. February was quite a prolific month for Alium Finance team — the development, marketing, and design departments were working tirelessly, as a result, we’ve made extensive progress in numerous fields. Fasten your seatbelts — we are getting into details!

Major Updates

Hybrid Liquidity All Chains Support

One of the most prominent features of AliumSwap — Hybrid Liquidity which allows using third-party liquidity in case of insufficient liquidity — has been finally rolled out for all chains AliumSwap currently supports. No more huge price impact, no more ‘not enough liquidity’ error messages. AliumSwap is all about convenience and a smooth user experience.

Read the press release about Hybrid Liquidity in our Medium article for more details: https://aliumswap.medium.com/alium-finance-introducing-hybrid-dex-liquidity-to-address-liquidity-limitations-13d2f2f85558

First Centralized Exchange Listing on MEXC

As we’re nearing the end of the first year of project development, our team has finally decided that the timing is perfect for the first CEX listing. It’s our pleasure to get listed on MEXC exchange — one of the most popular centralized exchanges out there. With MEXC 6 bln$ daily trading volumes, we expect to get many more $ALM holders and ramp up the trading volume substantially. Along with the listing, we’ve launched an aggressive marketing campaign to attract traders’ attention to the $ALM token.

Metis Andromeda Integration&Bridge Deployment

It is about time we added one of the L2 Rollups on AliumSwap because Ethereum isn’t going anywhere in the nearest future. We have been following Metis development for a long time and we think it has deserved its place as one of the chains featured on AliumSwap DEX. Metis-EVM bridge is also ready for use.

We have chosen Metis as one of the most promising Optimistic Rollups solutions on the market. Metis has shown a great dynamic in terms of trading volumes and market cap over the last year. Their development team is high-skilled and they implement new features on a weekly basis. The opportunities Metis network provides are virtually limitless: DAO/DAC, easy Dapps integration, NFT minting and trading — everything a crypto enterprise might need in the rising Web 3.0 economy. We also believe that we can have a mutually beneficial partnership at some point of time in the future as well as attract a new user base represented by fellow Metisians.

Minor Updates

  • Farming ticket purchase is no longer available until the start of Wave 2
  • It’s now possible to add a token from the token list straight to your wallet with one click.
  • New SHP 2.0 Contract is deployed, from now on users will be entering the new contract pools, old pools are still being managed by the old contract. Minimum entry threshold has been set — 1000 ALM.
  • When changing the network, users will be offered to add the new network to their wallet automatically.
  • A few bug fixes and design edits

That’s it for February, folks, but have no doubts — the most exciting stuff is still ahead, so stay tuned and don’t miss our announcements!

Alium Swap Official Social Media Pages

Twitter https://twitter.com/AliumSwap

Linkedin https://www.linkedin.com/company/75861509/

Telegram Announcement Channel https://t.me/aliumswap_news

Telegram ENG chat https://t.me/aliumswap_official

Telegram RU chat https://t.me/aliumswap_ru

Github https://github.com/alium-official

Gitbook https://app.gitbook.com/@aliumswap/s/alium-finance/

Crunchbase https://www.crunchbase.com/organization/alium-finance

Alium Finance introducing Hybrid DEX Liquidity to address Liquidity Limitations. Trade your favorite Crypto with Unlimited Liquidity.

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Using the latest Developments on the Decentralized Finance Market Alium introduces the Hybrid Liquidity Model, allowing users to trade almost any crypto using the Liquidity available both on Alium and the rest of the DeFi market.

Hybrid liquidity allows traders to use both Liquidities available on Alium and on most of the major exchanges using the algorithm to pick the best price available all in one place. This makes Alium a perfect DeFi hub with quite a few Networks (BSC, HECO, MATIC, ETH, FTM, and METIS) already available and even more coming.

Hybrid Liquidity and Cross-Chain Bridges

The hybrid Liquidity model is a major milestone in fixing the Liquidity issues on the Cross-Chain DEX Market. By minimizing the need for liquidity in Cross-Chain Swaps to a few key pairs, Alium allows for a seamless, secure, and optimal Traders’ experience.

Hybrid Liquidity and Strong Holders’ and Strong Stakers’ Pools

Strong Holders’ Pools pioneered by Alium in Q4 2021 are a great tool for holders to monetize hold term HODLing. This way to earn tokens by simply sticking around is getting more and more popular, and new projects are joining in to create SHP for their tokens in the near future.

The Next Step in the SHP development is Strong Stakers’ Pools, a hybrid solution allowing users to combine Staking Rewards with Holder Rewards to maximize their profits in the long run. The Hybrid Liquidity model will allow Alium Users to join any upcoming SHPs and SSPs in a matter of a few clicks.

Stay tuned for further Developments by joining our communities:

Twitter: https://twitter.com/AliumSwap

Discord https://discord.gg/BU6m6zgpvZ

Telegram https://t.me/aliumswap_news

AliumSwap Integration with Metis Andromeda

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As we steadily proceed with AliumSwap AMM DEX development course, we would like to announce the integration of another chain on our platform — Metis Andromeda!

It is about time we added one of the L2 Rollups on AliumSwap because Ethereum isn’t going anywhere in the nearest future. We have been following Metis development for a long time and we think it has deserved its place as one of the chains featured on AliumSwap DEX. Soon after the integration, the Metis-EVM bridge will also be available.

We have chosen Metis as one of the most promising Optimistic Rollups solutions on the market. Metis has shown a great dynamic in terms of trading volumes and market cap over the last year. Their development team is high-skilled and they implement new features on a weekly basis. The opportunities Metis network provides are virtually limitless: DAO/DAC, easy Dapps integration, NFT minting and trading — everything a crypto enterprise might need in the rising Web 3.0 economy. We also believe that we can have a mutually beneficial partnership at some point of time in the future as well as attract a new user base represented by fellow Metisians.

One of the latest innovative features of AliumSwap DEX is Strong Holders’ Pool which is a battle royal for token holders where only the Strongest Hands get the profit. It will also be launched on the Metis network, an excellent opportunity for Metis-based projects to gain more holders and increase TVL.

The Alium.Finance project aims to provide access to the AliumSwap advanced multi-blockchain AMM DEX that will allow users to trade assets and quickly transfer them between different blockchains safely and conveniently. The project is fully audited by CertiK, Hacken, and Chainsulting and has attracted over $6.5 million from private, strategic, and public investors. Alium Finance already operates on BSC, HECO, ETH, Polygon, Fantom Opera and Metis Andromeda and is preparing for the integration with Avalanche and Tron networks.

What is Metis Andromeda?

Metis aims to revolutionize how people/businesses collaborate using blockchain technology and solve layer 1 problems in a framework. It provides a single solution to the biggest challenges in Ethereum Mainnet.

On Metis, interactions between smart contracts and Ethereum happen asynchronously. Therefore, contracts on Metis have to wait till they receive a response from the layer 1 Ethereum contract.

Metis has great potential to stand out from the crowd as it launches multiple projects like MetisSwap (layer 2 decentralized exchange currently in beta testing), Polis (a central platform allowing users to log into any DApps built on Polis), and Tribe (a community-minted NFT Project).

VISION

To accelerate the transition of people to blockchain for open, fair, and decentralized business on Web 3.0.

MISSION

To create an easy-to-use technical and organizational platform, making blockchain accessible to everyone, empowering both personal and professional lives.

BUSINESS

Metis is a decentralized economy platform to start, run, and grow any decentralized app, business, and community on the blockchain with ease and scalability.

Alium Swap Official Social Media Pages

Twitter https://twitter.com/AliumSwap

Linkedin https://www.linkedin.com/company/75861509/

Telegram Announcement Channel https://t.me/aliumswap_news

Telegram ENG chat https://t.me/aliumswap_official

Telegram RU chat https://t.me/aliumswap_ru

Github https://github.com/alium-official

Gitbook https://app.gitbook.com/@aliumswap/s/alium-finance/

Crunchbase https://www.crunchbase.com/organization/alium-finance

Metis Andromeda Official Pages

Website: https://metis.io

Twitter https://twitter.com/MetisDAO

Telegram: https://t.me/MetisDAO

AliumSwap Integration with Fantom

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The Alium Finance team is happy to announce the integration of Fantom Network on AliumSwap DEX!

We see quite a potential in Fantom network and consider it one of the chains to build our products on, so we’ve decided to prioritize Fantom integration over Avalanche and others. Moreover, myriads of projects are being built on Fantom Opera blockchain lately. Fantom network already has a wide array of Dapps and a great community — we expect that its integration will help us attract new users and business partners, which will have a positive effect on token price and trading volumes.

As we have launched Liquidity Aggregator on AliumSwap for Binance Smart Chain, we aim to mitigate the insufficient liquidity problem from the start. When we expand the range of networks Liquidity Aggregator works on, AliumSwap will be entirely ready for Fantom Opera chain enthusiasts.

One of the latest innovative features of AliumSwap DEX is Strong Holders’ Pool which is a battle royal for token holders where only the Strongest Hands get the profit. It will also be launched on the Fantom network, an excellent opportunity for Fantom-based projects to gain more holders and increase TVL.

The Alium.Finance project aims to provide access to the AliumSwap advanced multi-blockchain AMM DEX that will allow users to trade assets and quickly transfer them between different blockchains safely and conveniently. The project is fully audited by CertiK, Hacken, and Chainsulting and has attracted over $6.5 million from private, strategic, and public investors. Alium Finance already operates on BSC, HECO, ETH, Polygon and Fantom Opera and is preparing for integration with the Metis, Avalanche and Tron networks.

What is Fantom Opera?

Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times.

The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity.

Opera’s strong point is its fast time to finality, thanks to the underlying Lachesis aBFT consensus mechanism.

Previous consensus mechanisms such as Proof-of-Work, used by Bitcoin and Ethereum, are based on probabilistic finality and require a certain amount of time for transactions to be considered irreversible.

Bitcoin has an average time to finality of 60 minutes or six confirmations. Ethereum has a faster block time than Bitcoin, and its average time to finality is 6 minutes or 25 confirmations.

On Opera, a transaction is considered finalized and settled in 1 second.

Alium Swap Official Social Media Pages

🐦 Twitter https://twitter.com/AliumSwap

👨‍💻 Linkedin https://www.linkedin.com/company/75861509/

Telegram Announcement Channel https://t.me/aliumswap_news

Telegram ENG chat https://t.me/aliumswap_official

Telegram RU chat https://t.me/aliumswap_ru

Github https://github.com/alium-official

Gitbook https://app.gitbook.com/@aliumswap/s/alium-finance/

Crunchbase https://www.crunchbase.com/organization/alium-finance