CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

TriSolaris Partnership With Synapse

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TriSolaris Partnership With Synapse, and the launch of the first TRI-MetaPool (Read the FAQ below to learn more about MetaPools):

  • nUSD <> USDC/USDT (LP address: 0xffb69779f14E851A8c550Bf5bB1933c44BBDE129)
  • nUSD address: 0x07379565cD8B0CaE7c60Dc78e7f601b34AF2A21c

A farm with dual rewards will also be launched for this special pool. 80k TRI per week and 40k SYN over the period of 3 months will be distributed to farmers.

Head over to https://www.trisolaris.io/#/pool/stable and begin LP’ing now! The farm UI will be open soon and rewards for this pool will begin on Monday June 20th.

What is Meta Pool?

A: There will be 2 types of Trisolaris stableswap pools– Factory pools and Meta Pools:

  • Factory pools contain two or more tokens and implement the StableSwap algorithm.
  • MetaPools contain one token to trade with another underlying Factory pool. MetaPools provide the flexibility for liquidity providers to get exposure to the MetaPool asset for additional rewards.

What is nUSD?

A: nUSD, or “nexus” USD, a cross-chain bridge asset issued by Synapse and fully back up by the nexus stablecoin liquidity pool on Ethereum that consists of DAI, USDC, and USDT. nUSD is use to enable cross-chain swapping of assets.

Learn more about nUSD at https://docs.synapseprotocol.com/

About Synapse

Synapse is a universal cross-chain liquidity network that connects blockchains by offering an extensible cross-chain communication protocol that supports assets, smart contract calls, and more. By leveraging Synapse, blockchains can easily and securely interoperate with each other and developers can build truly cross-chain applications including cross-chain DEX, lending platforms, margining systems, derivatives markets, yield aggregators, and much more.

Website | Twitter |

About Trisolaris

TriSolaris a community-owned decentralized exchange (DEX) with fast-settlement, low fees, and a democratic governance process. Built on NEAR’s Aurora EVM, TriSolaris is building the one-stop-shop for DeFi on NEAR!

Website | Twitter |

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