Orcus Finance is Joining Astar Builders Program

Published on: 25.03.2022

Orcus Finance has partners with Astar Builders Program

Astar has great potential on becoming a multichain dApp hub on Polkadot that will support multiple blockchains and virtual machines, as Polkadot Relay Chain doesn’t natively support smart contracts. Astar is here to provide the most accessible solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.

At Orcus Finance, we are launching the first Fractional-Algorithmic stablecoin on Astar Network and will follow all multichain intentions and scalability options together within the whole DeFi space.

About Orcus Finance

Orcus Finance (the “Protocol”) is delivering the first Fractional-Algorithmic Stablecoin pegged to the United States dollar which is built on the Astar Network. Since Astar Network is a gateway to the multi-chain environment, we are going to expand our stablecoin to as many networks as possible in the near future.

Orcus Finance is an entirely decentralized and autonomous protocol with the native governance token which aims to be the first leading Fractional-Algorithmic Stablecoin issuer on the Astar network and to implement multiple useful financial tools and other synthetic assets in the ecosystem.

About Astar

Astar Network is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines. Polkadot Relay Chain doesn’t support smart contracts. That’s why it’s important for the ecosystem to have a parachain that enables this for all developers who want to build in the Polkadot ecosystem. Astar is here to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.

➡️Source

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