Calamari Network HRMP Channel With KaruraNetwork
Calamari Network HRMP Channel with KaruraNetwork is officially online.
Acala and Manta Announce Successful Interoperability Between Calamari and Karura. Manta Network, the privacy hub for Web3, and Acala have announced the successful cross-chain transfer of parachain assets. The opening of a new HRMP channel and successful deployment of cross-consensus communication will enable privacy and interoperability across both parachains.
The privatization of assets is a step forward, integrating their respective Kurura and Calamari Networks, as well as expanding access to privacy in general. Calamari is the canary network of Manta Network, while Karura is the all-in-one DeFi hub of Kusama, which hosts its native asset, a multi-collateralized stablecoin backed by cross-chain assets ($aUSD).
Finally, Calamari Network’s parachain asset ($KMA) will interact within the Karura ecosystem, accessing various DeFi products for staking, lending and other use cases. Calamari XCM integration with Karura will allow assets across both parachains in production environments. Native asset transfers from Karura to Calamari Network can be privatized and transferred in a shielded manner.
About Manta Network
Manta Network committed to building a better Web3 world through privacy protection. Manta’s product design starts from first principles and provides end-to-end privacy protection. For blockchain users through leading cryptography architectures such as zkSNARK. While ensuring privacy, Manta offers interoperability, convenience, high performance, and auditability. Allowing users to conduct private transfers and transactions between any parallel chain of assets. Manta’s vision is to provide more convenient privacy protection services for the entire blockchain world.
About Acala
Acala a decentralized finance network powering the aUSD ecosystem. The core product aUSD, is a decentralized, multi-collateral, crypto-backed stablecoin serving as the native stablecoin of the Polkadot ecosystem. Acala’s Ethereum-compatible blockchain has built-in DeFi protocols for application developers to leverage, including a trustless staking derivative (liquid DOT — LDOT), a decentralized exchange, and the EVM+, a hybrid EVM offering a fully Ethereum-compatible development environment plus full compatibility with Substrate.
