MonoX 2.0 Partnership with Ankr Protocol

Published on: 23.03.2022

MonoX 2.0 excited to announce a partnership with Ankr Protocol. Ankr is a decentralized backend infrastructure provider with the lowest failure rate amongst all providers, 99.9% uptime, and a strategic low cost framework. Their premium RPC’s have been essential to enhancing the MonoX 2.0 user experience. These RPC’s greatly improve the MonoX 2.0 UX by providing low latency data from Polygon and Avalanche.

Why are RPC’s and Endpoints Important?

First, what are RPCs and endpoints? RPC’s (remote procedure calls) are communication channels that enable protocols and users to write to and retrieve data from a blockchain. An endpoint is the platform utilized by a user to interact with a blockchain. RPCs and endpoints work together to facilitate user-blockchain interaction.

Depending on the quality of RPCs and endpoints users may experience issues or frustration while interacting with a blockchain. What kind of issues can faulty endpoints cause for users? Transactions not posting to the blockchain, transaction failure, and wallet latency. From a protocol perspective, bad RPC endpoints can cause problems perceived as protocol quality issues. Using reliable and high performance RPC’s and endpoints is critically important for the user experience.

MonoX Protocol are thrilled with the performance of Ankr’s premium RPC’s and endpoints on Avalanche and Polygon.

About MonoX

MonoX is a multi-layer, multi-chain DEX that solves the capital inefficiencies created by liquidity pairs, using a single token pool model.

About Ankr

Ankr is building the future of decentralized infrastructure and multi-chain solutions, servicing over 50 proof-of-stake chains with an industry leading global node delivery system and developer toolkit.