Arctic and Bastion Partnership
Bastion is thrilled to announce its partnership with Arctic, the next-generation DEX landing on Aurora.
Arctic includes an innovative Discretized Liquidity AMM (DLAMM) upgraded veNFT and governance designs.
Arctic is the next-generation ecosystem-DEX on Aurora. Backed by the technical expertise of iZUMi Finance, Arctic brings DeFi innovation to Aurora in the forms of the veNFT and DLAMM (Discretized Liquidity AMM). Through its innovative DEX design, Arctic aims to bring DAO governance, deeper on-chain liquidity, and capital efficiency to the Aurora ecosystem.
The Bastion Treasury will receive an allocation of Arctic tokens. To participate in governance and support the ecosystem growth of Aurora. With the common veToken roadmap of both projects. They are looking forward to future tokenomics partnerships that will help tie the ecosystem closer together.
Bastion differentiates with a focus on composability, tokenomics, algorithmic risk optimization, and UX. Building on NEAR enables Bastion to have ultra-low transaction fees, greater capital efficiency, fast transactions and precise liquidations.
Arctic’s vision is to become the ecosystem-DEX (or “eco-dex”) for Aurora, where ecosystem projects themselves govern how Arctic is run, and the development of the ecosystem as a whole is the highest priority.
About Arctic
By introducing the next-generation ecosystem DEX, Arctic is taking the lead on the next phase of Aurora’s development. To bring Aurora projects together, provide deeper liquidity, and maximize capital efficiency 3500x higher than the normal AMM model.
About Bastion
Bastion is a Lending and Stableswap protocol built on Aurora, NEAR’s EVM-compatible layer. The project innovates with novel features such as: isolated markets, interest rate swaps, increased receipt token utility, veTokens, gauges, and boosters. Building on Aurora enables Bastion to create an autonomous interest-rate engine with superior capital efficiency, low slippage swaps, fast transactions, ultra-low fees, precise liquidations, and harness the underlying UX benefits of NEAR.
SOURCE: MEDIUM
