Subquery partners with Loop Finance
Subquery partners with Loop Finance an all-in-one decentralized finance (DeFi) Exchange, NFT Marketplace, and cryptocurrency education platform in the Cosmos blockchain ecosystem.
SubQuery and Loop first joined forces as SubQuery became the first tool to eliminate the need for developers to build their indexing solution in the Terra ecosystem. Loop leaped at the chance to get a headstart on their data indexing requirements via SubQuery and quickly got building. Following the unfortunate demise of Terra, Loop remained agile. Additionally, set its sights on a new home in the Cosmos universe, Juno.
Subquery Support Juno Ecosystem
After SubQuery announced full support for the Juno ecosystem, Loop was excited to continue building on the foundations already laid with SubQuery. In addition, Loop uses SubQuery to power their DeFi NFT Marketplace. Plans to expand their SubQuery integrations to their DEX with Trading View advanced graph data. Eventually, all Loop incubated projects as well as the Loop dApp will be able to leverage SubQuery easily.
“The SubQuery team is very responsive and engaged. It’s great knowing we have a partner that is an expert in their field.”—Simon Rahme, Co-Founder of Loop
In addition to being an automated market maker (AMM). where users provide liquidity in return for rewards from a share of the transaction fees. Loop also contains a decentralized community content creation platform and an NFT marketplace. Furthermore, due to the flexibility of the SubQuery solution, it can be deployed for use-cases against each of these niches as a standard feature.
“SubQuery is delighted to partner with Loop Finance, a huge pillar in Juno. Since the outset, our vision has been to provide blockchain developers across all chains with fantastic tools which make their lives easier. We are thankful for the trust and patience of the team at Loop and can’t wait to help them thrive in their mission to be the leading DEX and gateway to the Cosmos ecosystem.”—Sam Zou, the Founder, and CEO of SubQuery
Furthermore, the Loop team is taking advantage of SubQuery’s enterprise level. Hosting to receive dedicated databases, automated deployments, and geographic routing to multiple clusters around the world to ensure performance and uptime.
ABOUT Subquery
SubQuery is a blockchain developer toolkit facilitating the construction of Web3 applications of the future. A SubQuery project is a complete API to organize and query data from Layer-1 chains.
ABOUT Loop Finance
Loop is launching its premier DeFi NFT Marketplace and DEX on the Juno Network in August. Improving all its platforms to be interchain throughout the Cosmos. Currently, Loop has a total of 5 products (with 3 more in development). Exist to serve as a gateway for both normies and natives to the blockchain.
