This new platform will empower SUI token holders with many benefits of Liquid Staking by giving them the ability to stake their SUI assets, get liquid ankrSUI — representing staked SUI — in return, while continuing to earn rewards. Volo has a full roadmap of development and collaborations within the SUI network to give ankrSUI functionality in DeFi applications, which lets stakers maintain liquidity by freeing up the value of their staked SUI assets.

Creating exciting new opportunities for users to engage with DeFi protocols and explore a range of additional financial products as the SUI network evolves, ankrSUI tokens are fully transferrable and can be traded, lent, or otherwise engaged in different DeFi applications all while continuing to generate staking rewards.

Volo DAO

The Volo DAO, through the Volo governance token, determines the framework of the Volo DeFi Hub. It is a suite of products mainly designed around the utility of the liquid staking DeFi platform token ankrSUI, and additional products made to enhance the general user experience on SUI. The Volo token will be used for governance and to incentivize liquidity and rewards on the Liquid staking platform.

The Volo DAO will be collaborating with Node Operators and Validators on the SUI network to help expand liquid staking. This will have a flywheel effect on the entire SUI ecosystem to increase liquidity and applications of ankrSUI. The DAO will also make use of the Volo Token, any Fees, and funding. To help drive development of DeFi platforms for the utility of SUI and ankrSUI. This includes bug bounties, expanding full time contributors on the Volo platform, and providing grants to developers working on ankrSUI products.

Volo Testnet

Volo is pleased to announce the launch of the Volo Testnet, starting on July 5th at 10 AM EST. This exciting phase marks a significant step towards bringing Liquid Staking to the Sui Network. The Testnet will continue until the official Mainnet announcement goes live.

Volo is actively monitoring the official SUI SIP-6 proposal for liquid staking here: Staked SUI improvements SIP. Mainnet date will be dependent on when SIP-6 goes live.

During the Testnet period, participants will have the opportunity to stake their SUI testnet assets and earn rewards for participation on Mainnet release.

About Ankr Network

Ankr is building the future of decentralized infrastructure and multi-chain solutions. Servicing over 30+ chains with an industry-leading global node delivery system and a developer toolkit. Ankr serves over 1T transactions a year across Web3. And is the main infrastructure provider for BSC, Fantom, and Polygon chains as of 2022.

Website | Twitter

About Volo

Volo is a liquid staking solution that helps you maximize utility and liquidity for SUI by offering ankrSUI.

Website | Twitter

SOURCE: MEDIUM

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By integrating with TransFi, they’re unlocking a wealth of new value for the AppChains product, equipping their clients with a powerful feature within their dApp or business that will attract the non-crypto experienced user base. With seamless fiat onramp /offramps, Ankr AppChains will empower their clients to build in a way that removes the barriers to entry which have hindered widespread adoption of Web3, enabling a smooth transition for new blockchain users, resulting in steady, consistent adoption of crypto over time.

What Does the TransFi Feature Mean for AppChains?

Ankr’s partnership with TransFi means that all AppChain projects now have an optional feature available to improve their Web3 application experience: a built-in fiat onramp and offramp solution. Fiat onramps allow Web3 app users to convert traditional fiat currency, such as US dollars, Euros, and Yen, into cryptocurrency, letting them skip the process of buying tokens on an exchange and potentially transferring them multiple times.

Benefits for AppChain Clients

Improving ROI for Enterprises

Having a fiat onramp/offramp solution greatly improves the ROI of Web3 projects for Ankr AppChain clients:

• Expands Token Liquidity: Fiat onramps offer more avenues for purchasing tokens. Even if an AppChain client’s token is not widely listed on centralized exchanges like Coinbase or decentralized exchanges like Uniswap, the fiat onramp provides a readymade first stop for all AppChain users. Having the token readily accessible offers greater liquidity with the potential to boost trading volume, TVL, and price stability from the beginning.
• Provides Regulatory Compliance: TransFi provides a robust KYC solution that includes instant identity verification and extensive screening to mitigate fraud, meet government regulations, and offer safer experiences.

• Enhances Multichain App Utility: TransFi allows AppChain clients to create apps, such as new DeFi protocols, that allow users to purchase all kinds of tokens – not just their native token. That includes BTC, ETH, MATIC, DOT, and many others.

Benefits for AppChain End Users

Saving Users Time, Effort, and Money

TransFi makes users’ lives easier by creating the fastest way to purchase native AppChain tokens so they can begin interacting with Web3 apps immediately. Furthermore, users can avoid all of the extra processes and fees associated with purchasing tokens on an exchange, transferring them to another wallet, and then finally sending them to the AppChain wallet.

Making Web3 Applications Extremely User Friendly

The TransFi fiat onramp feature allows users to connect the most popular payment options unique to their home countries and use them to purchase tokens. With over 140 countries supported, TransFi allows users from all types of economies to use payment methods that are convenient for them.

Making Life Easier Even for Experienced Web3 Users

Just because you are well-versed in Web3 experiences doesn’t mean you’ll want to go through all the additional processes and gas fees associated with finding and purchasing tokens on an exchange and then deploying them on an application. The TransFi integration offers an easy way to purchase tokens while still letting advanced users send them to other wallets or blockchains as they wish.

About Ankr AppChains

The Ankr AppChains product is about empowering enterprises and Web3 applications to reach millions of new users by improving the technology and user experience behind them.

About TransFi

TransFi was founded in 2022 to enable Web3 access to the next billion users in Emerging Markets. We offer fiat-to-crypto onramp and offramp solutions with easy user experience, in local payment methods, with great conversion rates and at the lowest processing fees. Our world-class team of Crypto OGs, Payments professionals and Tech Gurus provide online & offline merchants with convenient acceptance of both fiat & crypto and makes crypto products accessible to all users.

SOURCE:

https://www.ankr.com/blog/transfi-fiat-onramp-enabled-for-ankr-appchain-clients/

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This partnership is valuable for ZetaChain dApp developers looking to integrate capabilities for high-throughput, scalable, and secure apps. With Ankr, developers get instant access to ZetaChain RPCs to make request calls and access relevant information as if they were running ZetaChain full nodes themselves.

Supports the ZetaChain Network

Ankr Protocol empowers the ZetaChain global network by offering a broader, decentralized node infrastructure for easier development. Ankr also incentivizes node operators to add their nodes to the load balancer in return for $ANKR tokens rewards, further strengthening ZetaChain’s network.

Ankr’s global node network to 30+ blockchains

Ankr has over 350 blockchain nodes running around the world helping to power 30+ different blockchains. Which means there will be low-latency and reliable connections wherever users are located. For developers building for omnichain, they can access both ZetaChain and other connected chains. Enabling seamless access to data powering their dApps.

Grants access to advanced tools

Ankr Protocol’s Premium version instantly grants access to the best tools to build applications quickly. Including ZetaChain requests, global node distribution, dedicated ZetaChain endpoints, prioritized requests, advanced developer API, and WebSockets capabilities.

Powers apps and open-source software that need access to ZetaChain

Connect with a cluster of high-performance nodes with the data you need to build and operate dApps with ZetaChain capabilities.

About Ankr Network

Ankr is building the future of decentralized infrastructure and multi-chain solutions, servicing over 30+ chains with an industry-leading global node delivery system and a developer toolkit. Ankr serves over 1T transactions a year across Web3 and is the main infrastructure provider for BSC, Fantom, and Polygon chains as of 2022.

Website | Twitter

About ZetaChain

ZetaChain is the world’s first and only decentralized L1 blockchain with built-in cross-chain interoperability. Connecting all blockchains, even non-smart contract chains like Bitcoin and Dogecoin. With ZetaChain’s complete Omnichain toolkit, developers can build true omnichain dApps from a single point of logic, and users can access all of their assets, data, and liquidity in a single place, securely.

Website | Twitter

SOURCE: MEDIUM

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“We are thrilled to partner with Ankr and strengthen our commitment to providing dependable and efficient blockchain infrastructure. This partnership will enable us to deliver hassle-free operations, ensuring exceptional performance and scalability.”— Anuj Shankar, CEO of Luganodes

“Luganodes will greatly expand the available node resources for those building on Supernets and BNB Sidechains with Ankr’s AppChain service. Collaboration in this way is crucial in boosting the decentralization and performance of dedicated blockchain ecosystems simultaneously.”– Josh Neuroth, Ankr’s Head of Product

What Does the Collaboration Entail?

Together, Luganodes and Ankr will ensure the seamless operation of application-specific blockchains, bringing the benefits of high-performance, scalable, and decentralized infrastructure to AppChain developers and users. In addition, the collaboration will see Luganodes and Ankr running nodes with two other validators for the Polygon Supernets and three additional validators for the BNB Side Chains.

• Increased validator node resources to operate AppChains
• Strengthened infrastructure and security for Supernets & BNB Sidechains
• Enhanced decentralization efforts for bootstrapping validation and staking

ABOUT Luganodes

As an industry leader in staking, Luganodes is committed to providing world-class blockchain infrastructure to Proof of Stake (PoS) networks. Luganodes has earned the trust and support of various PoS communities, including Polygon and TRON, and is currently the world’s fastest-growing staking provider with $700M+ worth of staked assets and live nodes on 15+ PoS networks.

Website | Twitter

ABOUT Ankr

Ankr is the leading Web3 infrastructure company. It has a set of different products for building, earning, gaming, and more — all on a blockchain. Ankr’s globally distributed node infrastructure allows us to build the best possible multi-chain tools as a foundational layer for Web3, DeFi, and the crypto economy.

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RESOURCES

Ankr

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What Are Ankr and Microsoft Trying to Achieve?

Ankr and Microsoft have collaborated to provide a dependable, user-friendly node hosting service to corporations and organizations that want access to blockchain data. They are all working toward a common goal of making this service available shortly through Microsoft’s Azure marketplace, allowing millions of monthly users to easily access blockchain technology.

Achieving Global Blockchain Access Fast

Thet have the opportunity to put out an exceptionally powerful industry solution that establishes a stronger infrastructure layer for the sector by merging Ankr’s technologies with Azure and Microsoft Marketplace. It opens up a new channel for attracting consumers and serving a vast quantity of RPC traffic via our integrated services. Web3 organizations who require dedicated nodes can use Azure and Ankr to relay transactions, deploy smart contracts, and read or write blockchain data with the dependability, performance, and security they expect.

About Ankr

At Ankr, we are dedicated to delivering leading-edge technology that helps our customers stay ahead in a rapidly changing industry so they can create experiences that amaze their users.

SOURCE:

https://www.ankr.com/blog/ankr-and-microsoft-partner-to-offer-enterprise-node-services/

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Ankr and Native will combine forces as technology partners, leveraging Ankr’s RPC infrastructure, SDKs, and CLV wallet, alongside Native’s DEX-building toolkit. Together, they’ll make crypto more accessible to first-time users and project builders both.

This is only the beginning as they work together towards their shared goal of introducing the next billion users to Crypto. Stay tuned for more announcements.

About Native

Native is the exchange of the future. It’s a network of DEXs. Each DEX is owned by an individual project and embedded into that project’s UI. With access to liquidity across the entire network. They provide effortless token exchange infrastructure that empowers Web3.

Most Web3 projects lack an in-app token exchange. Their users must use other DApps to trade, resulting in poor user experience. But Native provides a plug-and-play solution for project teams to easily add in-app exchanges to their DApps.

Website | Twitter

About Ankr

Ankr was founded in 2017 with the idea of harnessing the cloud computing power. Left idle in date centers all over the world. And reallocating it to power bitcoin mining, node hosting, the internet of Things (IoT) and more. The team grow quickly and accumulated a global supply of bare metal servers. Which enabled Ankr to provide services like node hosting and API access. During the past two years. Ankr shifted focus to providing the underlying node infrastructure for a movement that would become known as Web3.

As proof-of-stake (PoS) blockchains began to offer exciting new possibilities for smart contracts. Built on blockchain rails in the form of decentralized applications (dApps), Ankr stepped in to serve the vast needs for increased node infrastructure necessary to develop and operate dApps.

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SOURCE: MEDIUM

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Bridge Nodes are responsible for safeguarding the Avalanche Bridge and ensuring that all transactions passing through are legitimate and secure against assaults.

About Avalanche Bridge

The Avalanche Bridge brings next-level interoperability advantages to Web3:

• Fast: Transactions will reach finality extremely fast.
• Secure: Built with Intel SGX Enclave with advanced security features.
• Intuitive: Users can transfer assets in an easy, streamlined process.
• Transparent: Users will know the transfer status at every step.
• Multi-chain: Will support a growing number of blockchains as a core DeFi hub.
• Cost-effective: the cost for bridging assets should be as low as possible.
• Ecosystem-supportive: A portal to many more opportunities & ecosystems.

“The Avalanche Bridge is a leap forward in bridging technology, but most importantly, it is a dramatic improvement in experience for users and developers across the Avalanche community.”

— Emin Gün Sirer, Founder and CEO of Ava Labs

Who Are Avalanche Bridge Nodes?

Bridge Nodes (formerly known as Wardens) are the trusted partners of Avalanche who act as additional safeguards and go-betweens to enable the ironclad security of the bridge’s Intel SGX Enclave. This is an isolated and encrypted region of the bridge that holds code and data in order to minimize attack vectors for would-be bad actors.

How Do They Work?

Bridge Nodes only accept legitimate transactions via the bridge. They also maintain enclave security. Instead than communicating directly with the secure enclave (unsafe), users engage with the blockchain, which trusted Bridge Nodes read and transmit to the secure enclave so it may complete the transaction and mint new assets. Any activity needs majority approval from Bridge Nodes, and no Bridge Node may operate alone.

Bridge Nodes will also backup and restore bridge credentials if needed, ensuring that bridge money are secure and transactions are valid. Bridge Nodes for Avalanche Bridge have a lower technical load than other bridge operators, which streamlines operations and increases dependability.

Ankr is a reputable and secure Web3 infrastructure provider. This has been their experience running Avalanche Validators and RPC nodes. Their expertise building DeFi bridges and support for interoperability makes us a great Bridge Node.

About Ankr

Ankr’s main purpose nto enable easy access to Web3 and increase efficiency in blockchain infrastructures. It is powered by an Ethereum-based token, ANKR, that can be used for staking, governance, payments, and decentralized app creation.

Website | Twitter

About Avalanche

By calculating the shortest time to finality, Avalanche is the blockchain industry’s quickest smart contracts platform. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.

Website | Twitter

SOURCE:

https://medium.com/ankr-network/ankr-is-now-securing-the-avalanche-bridge-5e77e7147c4a

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Binance Labs, the venture capital arm and accelerator of Binance, has made a strategic investment in Web3 infrastructure provider Ankr. The funds will go toward ramping up the work on Ankr’s remote procedure call (RPC) service and building out its Web3 developer suite.

Ankr has previously made open-source contributions to the BNB Chain and BNB Liquid Staking. It helped build out BNB Chain’s core infrastructure. Additionally, Ankr further improved the BNB ecosystem by implementing the Erigon and Archive Node upgrades, as well as the latest BNB Application Sidechain (BAS) scalability solution. The Erigon upgrade reduced BNB Chain’s storage requirements by 75%. Increased RPC performance tenfold, and made the synchronization process 100 times faster.

Ankr also supports the BNB Chain ecosystem by bringing DeFi composability to BNB Liquid Staking. BNB token holders can engage in staking, farming, and contributing to vaults all at once. They can also mint new liquid staking tokens, which can be used to earn layers of rewards on both BNB Chain and Ethereum-based decentralized exchanges (DEXs).

“We are very excited to have Binance Labs as a strategic investor. BNB Chain is the chain with the highest amount of daily transactions and active users by far. We are committed to helping BNB Chain further scale, enhancing the BNB token utility, and expanding the Binance Application Sidechain (BAS) ecosystem. We aim to support not only innovative use cases that require a highly scalable infrastructure, but also infrastructure services that could contribute to building permissioned sidechains.” — Ryan Fang, co-founder of Ankr

Ankr’s developer suite includes the Multi-Chain Liquid Staking software development kit (SDK), Web3 Gaming SDK, and App Chains-as-a-Service. An underlying utility service that powers Web3 projects and DApps, the Ankr protocol currently serves an average of 250 billion RPC requests per month across 50 blockchain networks.

ABOUT Ankr

Ankr’s globally distributed node infrastructure. It also allows people to build the best possible multi-chain tools as a foundational layer for Web3, DeFi, and the digital economy.

Website | Twitter

ABOUT Binance Labs

Binance Labs is the venture capital arm and accelerator of Binance the largest cryptocurrency exchange in the world.

Website | Twitter

SOURCE

Binance Labs Funds

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The Ankr Network Biggest Upgrade brings a full suite of decentralized products and services that serve as the critical infrastructure behind Web3 growth.

The new Ankr Network has been over a year in making as Ankr transitioned its centralized infrastructure business to a decentralized protocol, creating the first-of-its-kind node infrastructure protocol for the industry to collaborate on.

The fully decentralized Ankr Network brings the following upgrades for the benefit of all stakeholders:

• Independent node providers to run full nodes

Independent node providers can serve traffic and earn rewards on the Ankr Network.

• Developers connect to a decentralized RPC layer

As independent node providers power Ankr Network, this means that the developers, dApps, wallets, and all other projects using the service now have a decentralized means of connecting to blockchains.

Greater utility for the ANKR token & first ever instance of staking to full nodes

On the new decentralized Ankr Network, the ANKR token plays a central role in all operations:

• Developers pay for access to on-chain data (RPC requests) in ANKR
• Independent node providers serve blockchain requests to earn ANKR
• Stakers contribute ANKR to nodes to secure the network and share in the rewards

Anyone can stake to full nodes on Ankr Network and earn rewards for all RPC traffic served. By creating a decentralized infrastructure marketplace and economy, Ankr Network will scale to accommodate the ever-increasing amount of Web3 usage and allow more stakeholders to benefit from its growth.

Ankr DAO to democratize services

Ankr Network will begin to transition operations to a new DAO framework to promote consensus-based decision making. The Ankr DAO will initially democratize the decision-making process in three core areas:

• Deciding where to allocate funds from the Ankr Treasury to incentivize protocol growth and rewards.
• Determining pricing and revenue splits for various systems touching the protocol like Node Providers and Staking.
• Choosing which blockchains to onboard next to Ankr’s industry-leading RPC services.

About Ankr

Ankr has built out the largest global node network in the industry, creating the foundation for the future of Web3. It currently serves around 250 billion blockchain requests a month across 50 different chains and runs RPC services for 17 blockchain partners, making it the largest RPC provider in the industry. Ankr also offers a suite of tools that empower dApp developers to build Web3 apps quickly and easily.

Website | Twitter

SOURCE

BLOCKTELEGRAPH

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Ankr is a unique organization in Web3 — they’re an underlying infrastructure provider that makes using dApps, wallets, and crypto games possible by connecting them to the blockchains they need to communicate with. If you think of all the projects and dApps of Web3 as city blocks, Ankr is like the underlying utility service or grid that powers it all. And now announcing Ankr – BNBChain Upgrades.

However, connecting projects and users to blockchains isn’t all they do. Ankr is dedicated to improving the user experience of Web3 from top to bottom to pave the way for Web3 adoption on a massive scale. Because of this, they provide an enormous level of engineering support for the public goods that make Web3 and ecosystems like the BNB Chain possible.

Ankr’s Erigon Upgrade Overhauled Storage & Syncing

Due to Ankr’s heavy involvement with running RPCs and validators in support of the Binance ecosystem, they noticed in September 2021 that the BNB Smart Chain was struggling with server capacities. The Ankr engineering team wanted to solve these issues as they affected their node operations and slowed the entire ecosystem.

Ankr successfully implemented a version of Erigon for the BNB Chain based on https://github.com/ledgerwatch/erigon to solve the existing problems in the BSC and made the new version open-source and available to all. This solution is now used by the entire ecosystem, from Chainstack to Covalent.

Key Benefits:

• Sync process now 100x faster
• Storage requirements reduced by 75% (previously 20TB, now 5TB)
• RPC request performance increased by 10x

Ankr’s Hand In Creating BAS

After implementing Erigon, Ankr then made a proposal to Binance to help scale the protocol completely. BSC is a fork of Ethereum but has low gas fees and fast block generation periods. Which lead to much higher transactions per block. This puts a great deal of stress on the chain and its ability to scale. Ankr proposed a multi-chain scaling solution that was mature enough to handle advanced use cases like GameFi, unlike Layer-2 solutions.

Ankr modified the consensus layer of the BSC to enable staking for new sidechains’ native tokens while preserving its full EVM capabilities. This means that BNB Application Sidechains would allow projects to launch their own chains effectively as Layer-1s. With their own native ERC-20 or BEP-20 tokens and complete customization over the chain. The BNB Application Sidechain (BAS) framework will allow developers to build extremely scalable dApps and games running on the BNB Chain. This new sidechain framework effectively takes the single road of the BNB Chain and turns it into a superhighway with a multitude of lanes.

­

About Ankr

Ankr is building the future of decentralized infrastructure and multi-chain solutions. Servicing over 50 proof-of-stake chains with an industry-leading global node delivery system and developer toolkit. Ankr serves over 1T transactions a year across Web3. And is the main infrastructure provider for the BNB Chain, Fantom, and Polygon as of 2022.

Website | Twitter 

­

SOURCE

https://medium.com/ankr-network/ankrs-open-source-contributions-bring-unparalleled-performance-to-bnb-chain-cd4e7c9828f9

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