AliumSwap Integration with OKC

Posted on 01.07.202204.07.2022 by admin

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/

AliumSwap Integration with Metis Andromeda

Posted on 08.02.202201.07.2022 by admin

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

Posted on 31.01.202201.07.2022 by admin

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.