Pinknode Has Collaborated With Sigmadex

Published on: 10.09.2021

Using Game Theory to Maximise Liquidity

Game theory is a commonly used economics phrase referring to a framework for predicting the choices of competing actors within a strategic scenario, assuming that they are rational and will seek to maximise their benefits.

Game theory is at the core of Sigmadex’s protocol, enhancing the design and optimization of their framework in governing liquidity management. For example, users are incentivized to maximize their staking durations to avoid harsh penalties and accrue profits from climbing interest rates. The bounty of staking rewards increases in tandem with the leniency of withdrawal penalties, amplifying the available liquidity supply and fortifying the ecosystem at large.

Connecting Sigmadex to Networks Across Polkadot

To host the multichain transactions Sigmadex requires a considerable suite of API endpoints connecting it to a chosen array of Polkadot protocols. Sigmadex has thus found a natural ally in Pinknode, which will supply scalable API endpoints facilitating queries from a multiplicity of token standards.

This exceptionally scalable infrastructure will be the conduit through which Sigmadex tests and deploys the new applications and features throughout ongoing experimental development. Once a breakthrough in its new software trials has been implemented upon maturity, Pinknode will provide it with access to a mempool, and its high-performance infrastructure will continue to provide it with the low-latency network connections it needs. In time to come, Sigmadex will explore the possibility of participating in a parachain bid.

About Pinknode

Pinknode is a Polkadot-specialized Infrastructure-as-a-Service provider with the goal of accelerating adoption and empowering innovators to build on the most promising Web 3.0 ecosystem. By providing API endpoints through a streamlined onboarding process and maintaining secure, reliable, and scalable node infrastructure, Pinknode helps innovators jumpstart development quickly and accelerates their product life cycles.

About Sigmadex

Sigmadex is an open-source balanced decentralized economy using game theory, DeFi, and blockchain technology to create the ideal automated liquidity protocol. It eliminates the requirement for having to trust any intermediaries, prioritizes decentralization, and is governed by the community.

➡️Source:
https://medium.com/pinknode/helping-sigmadex-get-ahead-in-the-cross-chain-game-455fc2c8246a

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