Band Protocol seamlessly integrates with Injective’s inEVM, enhancing the platform with secure and reliable data feeds. This integration allows Band oracles to supply various data types crucial for DeFi, derivatives, and other applications directly on the inEVM. By providing these accurate and timely data feeds, Band Protocol significantly boosts the capabilities of Injective’s ecosystem. The benefits include heightened security and a broader range of available data, vital for supporting robust, decentralized financial applications and fostering innovation within the blockchain space.

The following are potential use cases of Band Protocol on inEVM:

• Options Trading: Utilizes oracles for accurate alt-coin prices essential for valuing option contracts, supporting platforms like Thetanuts.
• Bonding Protocol: Requires oracles for price data, important for asset pegging and fair market value determination, as seen in protocols like ApeBond.
• Cross-Chain Trades: Benefits from reliable price feeds for exchange rates between different blockchains, crucial for services like Interport.
• Prediction Markets/Derivatives: Relies on oracles for dependable cross-chain price data and external data feeds (e.g., sports scores, social metrics), enhancing offerings in markets such as Relative Finance.

This comprehensive integration not only strengthens existing decentralized applications but also paves the way for innovative new use cases on inEVM.

Getting Started with Band Protocol on inEVM Testnet

Developers interested in exploring inEVM can start by accessing the inEVM Documentation. Resources such as tutorials and comprehensive documentation are available to guide you through your journey of building dApps on inEVM. Here are more resources that could help you bootstrap your inEVM journey!

• Find Testnet Chain Details and request Testnet Faucet Funds via this link: https://testnet.hub.inevm.com
• To deploy on inEVM, this section of the documentation contains essential Developer Environments and Libraries: https://docs.inevm.com/getting-started/deploy-on-inevm
• inEVM Testnet Explorer: https://testnet.explorer.inevm.com
• inEVM Testnet Bridge: https://testnet.bridge.inevm.com

Integrating Band Price Feed on Your dApps Built on inEVM

• For comprehensive insights, check out the BandChain Documentation: https://docs.bandchain.org
• Explore Band’s Standard Reference Contracts on GitHub for technical details: https://github.com/bandprotocol/band-std-reference-contracts-solidity
• The address for the proxy contract is: 0x8c064bCf7C0DA3B3b090BAbFE8f3323534D84d68
• View practical implementation with an Example Code of a “BTC/USD Query” to see the Band in action below:

import interfaces/IStdReference.sol

contract DemoBulk {
    IStdReference public ref;

    constructor(IStdReference _ref) public {
        ref = _ref;
    }

    function demo_bulk() external view returns (IStdReference.ReferenceData[] memory) {
        return ref.getReferenceDataBulk(["BTC","ETH"], ["USD","BTC"]);
    }
} An Example Code of a “BTC/USD Query”

Wrapping Up and the Road Ahead

This integration between Band Protocol and inEVM represents a significant leap towards greater interoperability and developer opportunities in the blockchain space. Many dApps and protocols within the inEVM and injective ecosystems can benefit from this integration with Band Protocol. We encourage developers to leverage this powerful combination to create innovative solutions and tap into a broader user base.

The roadmap for Band Protocol and inEVM includes exciting milestones including integration of Band Oracle on inEVM’s mainnet and community-driven initiatives, which promise to further enhance the capabilities and reach of both platforms. For further details and resources on upcoming milestone.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

Website |Twitter

About Band Protocol

Band Protocol is a cross-chain data oracle platform with the aspiration to build high-quality suites of web3 development products. The flagship Oracle solution aggregates and connects real-world data and APIs to smart contracts, enabling smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle.

Website |Twitter

SOURCE:
https://blog.bandprotocol.com/bandprotocol-injective-inevmtestnet-integration/

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This achievement is realized through the bridging of Ondo’s US Dollar Yield (USDY) token, offering users across Injective and the broader cosmos ecosystem the ability to store dollar-denominated value while generating an attractive yield.

Users will have the option to bridge USDY from Ethereum Mainnet to Injective via the Injective Hub, or to acquire tokens via a host of native dApps built on Injective, such as Helix. Users across the Cosmos ecosystem can, for the first time, access this form of non-speculative yield while benefiting from the institutional-grade structural and operational protections of USDY.

About Injective

Injective is a lightning-fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera, and Mark Cuban.

Website | Twitter/X

About Ondo Finance

Ondo Finance provides institutional-grade, blockchain-enabled investment products and services. Ondo has an asset management arm that creates and manages tokenized financial products as well as a technology arm that develops decentralized finance protocols and blockchain solutions.

Ondo’s first core products are tokenized cash equivalents that deliver very low risk, high-quality yield from U.S. Treasuries, money market funds, and similar instruments, offering on-chain investors an alternative to stablecoins where holders rather than issuers earn the vast majority of the underlying asset yield. Ondo also developed Flux Finance, a DeFi lending protocol supporting tokenized treasuries as collateral, recreating treasury repo markets on-chain while creating on-chain utility for Ondo’s tokenized securities.

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SOURCE:
https://blog.ondo.finance/bridged-usdy-is-now-available-on-injective/

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Injective Presents US Treasuries-Backed Yield for Web3 Finance Applications

Injective, a high-speed blockchain platform for Web3 finance applications, has recently announced the integration of US Treasuries-backed yield. This new feature is made possible by bridging Ondo’s US Dollar Yield (USDY) token, which enables users of both Injective and the wider cosmos ecosystem to hold dollar-denominated value and earn an impressive yield at the same time.

“Ondo is rapidly redefining the real-world asset market, and for the first time in history users will be able to access tokenized treasuries directly across Injective native dApps. This integration signifies a key milestone in making traditional financial instruments accessible within the DeFi ecosystem. Injective is continuing to pave the way towards truly connecting traditional finance with the blockchain world.”—Eric Chen, co-founder and CEO of Injective Labs

Users have two methods to obtain USDY on Injective. First, they can bridge USDY from Ethereum Mainnet to Injective through the Injective Hub. Second, they can access native dApps like Helix to acquire tokens. This marks the first time that individuals throughout the Cosmos ecosystem can access non-speculative yield, while enjoying the institutional-grade structural and operational protections of USDY.

Introducing USDY: The First Tokenized Note Secured by US Treasuries and Bank Deposits

USDY is a revolutionary offering that combines the accessibility of stablecoins with high-quality US dollar-denominated yield. It is the world’s first tokenized note secured by a bankruptcy-remote portfolio of US Treasuries and bank deposits, making it ideal for non-US investors and institutions.

Here are some key features of USDY:

• Secured by a bankruptcy-remote portfolio of US Treasuries and bank deposits.
• Allows non-US investors and institutions to access high-quality US dollar-denominated yield.
• Combines the accessibility of stablecoins with the stability of US Treasuries and bank deposits.

USDY is a tokenized note secured by short-term US Treasuries and bank demand deposits. USDY is accessible to non-US individual and institutional investors and is transferable on-chain 40-50 days after purchase.

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This enables native assets from Polygon and Injective to be utilized for a diverse array of cross-chain use cases within the two ecosystems.

Utilizing a new connection from Wormhole, assets such as MATIC and INJ can now be transferred. In turn, this integration paves the way for increased collaboration, liquidity and accessibility, benefiting both chains and their respective communities.

Accelerating the growth of true composability has long been a significant goal for both Injective and the broader Web3 industry. The integration with the Polygon protocol, takes Injective one step closer to realizing the grand vision of seamless interoperability.

With the integration, users across the two communities can gain access to new assets, DeFi protocols, liquidity pools and tightly coupled infrastructure. For instance, Injective users can begin to utilize assets such as MATIC within dApps built on Injective. Similarly, Polygon community members can use INJ alongside other assets in the IBC

The integration with Polygon brings together two vibrant communities, fostering a cross-pollination of ideas, assets and primitives. Rising interoperability and composability further helps to extend capital efficiency and overall user experience across sovereign blockchain networks such as Polygon and Injective.

With the integration, both networks provide an intuitive access point for transferring cross-chain assets while simultaneously introducing new opportunities for builders. DeFi protocols focused on functionalities such as lending, trading or derivatives can all leverage new assets powered by this collaboration.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

About Polygon

The Polygon protocol is a scaling infrastructure network focused on Ethereum. One of its core components is Polygon Supernets, a modular, flexible framework that supports building multiple types of applications. The PoS Polygon network addresses the network’s challenges by handling transactions on a separate Ethereum Virtual Machine (EVM) compatible blockchain. Polygon zkEVM Mainnet Beta is the leading ZK scaling solution that is EVM equivalent: The vast majority of existing smart contracts, developer tools and wallets work seamlessly. Giants such as Reddit and Robinhood have also chosen the Polygon network

SOURCE:

https://blog.injective.com/injective-integrates-polygon-to-accelerate-cross-chain-composability/

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This integration of Injective with Notifi marks entrance into the Cosmos ecosystem, a network of interoperable blockchains that aims to create a decentralized internet of blockchains.

Through this integration, Notifi will offer alerts and notification capabilities to users of Injective, starting with Helix, the premier decentralized exchange built on Injective. Furthermore, this will enable traders to receive real-time notifications and customizable alerts on their trades and other activities on Helix, allowing them to react quickly to market movements and capitalize on opportunities as they arise.

Notifi’s integration with Injective is a significant step in the development of a more accessible and user-friendly decentralized finance ecosystem. Additionally, by providing these notification services, Notifi can enhance the user experience on Helix and drive the adoption of decentralized finance applications more broadly.

Furthermore, Injective is focused on creating a free and inclusive financial system through decentralization, and its high degree of interoperability enables seamless communication between different blockchain ecosystems, including Cosmos, Ethereum, Solana, and Aptos. Moreover, the Injective ecosystem is home to some exciting dApps, including Astroport, Frontrunner, and Helix, which provide users with innovative and user-friendly ways to trade crypto assets and derivatives.

Overall, Notifi’s integration with Injective and entrance into the Cosmos ecosystem is a positive development for the decentralized finance industry, and it will be exciting to see how this partnership continues to evolve in the future.

About Injective

Injective is a lightning-fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. In addition, INJ is the native deflationary scarce asset that powers Injective and its rapidly growing ecosystem. Moreover, the support from Binance and prominent investors like Jump Crypto, Pantera, and Mark Cuban, underscores the potential and significance of Injective’s technology and ecosystem.

Website |  Twitter 

About Helix

Helix is a premier decentralized exchange on Injective. Users can trade unlimited cross-chain crypto assets and perpetual markets with market leading rebates.

Helix offers spot and perpetual markets, zero gas fees, low taker fees, and seamless asset transferability across blockchains. Moreover, it also holds the record of becoming one of the fastest growing exchanges upon launch, reaching over $1 billion in cumulative trading volume in just the first month. Since then, Helix’s total volume has surpassed billions.

Website | Twitter 

About Notifi 

Notifi allows for simplified communication across all web3 messaging channels (Discord, Telegram, SMS, Twitter). Designed with simple APIs for easy integration and customizable and advanced features for dApps and web3 applications, Notifi empowers developers and creators to better engage with their users and communities via multichannel communications.

Website | Twitter 

SOURCE

https://medium.com/@mrmarcrose/notifi-enters-the-cosmos-ecosystem-with-injective-and-helix-554c61ffbe82

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Injective and Eclipse have launched Cascade, which is a groundbreaking Solana SVM rollup that will enable Solana developers to seamlessly deploy their contracts and decentralized applications (dApps) onto Injective. The integration of Solana Sealevel Virtual Machine (SVM) with the broader Cosmos world via IBC ecosystem will allow developers to take advantage of multichain functionality across Solana and IBC, creating new possibilities for cross-chain interoperability. This move by Injective represents a major step forward in the development of decentralized finance (DeFi) and is expected to have a significant impact on the broader blockchain ecosystem.

With the launch of Cascade, Injective can now access the massive Solana developer ecosystem worth over $9 billion. The development of this technology was made possible through the collaboration of Injective’s team and Eclipse, a customizable rollup provider. Cascade has been successfully launched on the Injective testnet and will soon be migrated to the mainnet. This breakthrough marks a significant milestone for Injective and has opened up new possibilities for the growth of the platform.

Developers who want to start building on the public testnet for Cascade can refer to the official Cascade developer documentation available on the platform’s website. The developer docs provide a guide for builders to get started with Cascade and explore its various features and capabilities.

What is Solana SVM and Eclipse?

Solana developed Solana SVM as a parallel smart contract runtime that enables parallel processing of tens of thousands of transactions simultaneously, making it highly efficient and scalable. This technology is similar to Injective’s core infrastructure, which also enables parallel processing and supports faster transaction processing.

Eclipse is a customizable rollup provider that enables developers to choose and integrate the most suitable aspects of blockchain technology to create unique decentralized applications. This platform allows developers to create customized solutions without making any technical trade-offs, thereby optimizing performance and functionality.

How does Cascade work?

Furthermore, Cascade has a multi-phased deployment plan that involves several steps.

The initial phase of the launch involves the Cascade testnet beta. In this phase, the Eclipse team will operate an SVM sequencer that receives transactions from Solana wallets and smart contract deployments from the Solana command-line interface (CLI). The sequencer posts the blocks produced to a data availability layer. Contributors to Cascade plan to integrate Celestia, a data availability provider, in the future to further enhance Cascade’s scalability properties.

Overall, Cascade works by bringing Solana’s Sealevel Virtual Machine (SVM) into the broader Cosmos ecosystem, allowing Solana developers to deploy their smart contracts and dApps onto Injective. This integration enables cross-chain interoperability between Solana and IBC, expanding the reach and functionality of both platforms.

The ultimate goal of Cascade is to have the SVM sequencer operate in a permissionless manner with Injective serving as the core settlement layer to ensure that the sequencer is executing transactions accurately.

Moreover, Injective has already made significant efforts to connect Solana with the interchain ecosystem. For instance, it is the only L1 in the Cosmos universe to integrate both Wormhole and Pyth. This integration enables assets such as SOL to enter Injective easily using Wormhole, and the Pyth oracle network can relay asset data originating from Solana. The launch of Cascade further expands the potential synergies across Solana, Injective, and Cosmos by bringing the familiar Solana developer environment to the world of IBC.

Cascade: Pioneering a Hyper Scalable Web3 Stack with Injective

Furthermore, Cascade’s pioneering of a hyper-scalable Web3 stack with Injective is just the beginning, as the project plans to continue implementing the latest technical breakthroughs to reach even higher levels of security and scalability.

Moving forward, one of the primary objectives is to integrate the Interchain Security (ICS) model into Cascade, which would secure it alongside new VM rollups deployed by Injective. This approach would allow Cascade to benefit from shared security across the entire Cosmos ecosystem. With the integration of new security parameters and a modular data availability layer such as Celestia, Cascade would achieve an unprecedented upper bound of scalability, further enhancing its potential as a key player in the Web3 ecosystem.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Binance is incubating Injective, and prominent investors such as Jump Crypto, Pantera, and Mark Cuban back the platform.

Website | Twitter

About Eclipse

Eclipse offers customizable modular rollups, increasing throughput while giving developers the freedom to adjust the proportions of speed, decentralization, and cost as they see fit. Applications can create their own Solana virtual machine powered trust-minimized app chains using Eclipse.

Website | Twitter

SOURCE

https://blog.injective.com/injective-launches-cascade-first-ever-interchain-solana-svm-rollup/

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The integration brings an additional layer of Bitcoin security to Injective, providing users with even greater confidence in the safety of their transactions. Additionally, Injective’s decision to become a testnet validator for the Babylon chain demonstrates their commitment to enhancing the security of the broader blockchain ecosystem.

“Babylon is pioneering a new paradigm within Web3 by enabling blockchains such as Injective to integrate Bitcoin’s security parameters. This heightens not only security but also cryptographic mechanism design as a whole,” said Injective Labs co-founder and CEO, Eric Chen.

“We are pleased to announce our integration with Injective, providing users with Bitcoin-grade security and fast stake unbonding. Together, we’re raising the bar for a secure and robust DeFi ecosystem. This integration serves as a starting point for future exploration and collaboration with Injective,” announced David Tse, Babylon’s Co-founder.

A Step Towards a More Robust and Secure DeFi Ecosystem

Babylon’s innovative approach also allows for PoS chains to significantly reduce their secure stake unbonding time from weeks to as little as a few hours. This advanced security measure enables safer high-value asset transfers across bridges between PoS chains. By incorporating Babylon’s capabilities into Injective, tokens and assets traded on the platform are fortified against double-spend attacks and other security threats, promoting an environment of trust and confidence.

Moreover, Babylon’s state-of-the-art architecture can be incredibly advantageous for upcoming DeFi projects on Injective, as it provides a high level of security, even in the face of low token valuations. Additionally, Babylon can serve as a backup solution, ensuring that transactions on Injective are not censored and entered into the ledger.

The integration also expands Babylon’s technology to a cutting edge PoS network. Injective currently is the fastest Cosmos zone, boasting a block time of just 1 second. A number of prominent dApps such as Astroport have also migrated over to Injective in recent weeks, adding further momentum to the network. Babylon can now begin to offer its technologies across a wide swath of dApps building on Injective. As Babylon migrates from testnet, these offerings can begin to be employed by the Injective mainnet as well.

The incorporation of Babylon’s security features provides an added layer of protection and reliability to Injective. Making it a more appealing option for developers and users alike. By strengthening the platform’s security and dependability, Injective becomes a more robust and trusted platform for building exchanges, DeFi, derivatives, and Web3 apps.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native deflationary scarce asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

Website | Twitter

About Babylon

Babylon, a blockchain protocol built on the Cosmos SDK. Aims to leverage the security of Bitcoin to enhance the security of Cosmos zones and also other Proof-of-Stake chains. The project is developed by a team of consensus protocol researchers from Stanford. And also experienced layer 1 developers from around the world.

At its core, Babylon is designed to use Bitcoin as a source of trust and a reliable timestamping service. To benefit other blockchains in the broader ecosystem. By using Bitcoin’s immense hash power and reliable timestamping capabilities. Babylon can significantly enhance the security of smaller blockchains, without compromising their autonomy.

Website I Twitter

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The effort is joined by some of the largest institutions spanning across Web3 and traditional finance including Pantera Capital, Kucoin Ventures, Jump Crypto, IDG Capital, Gate Labs, Delphi Labs, Flow Traders, and Kraken Ventures. The Venture consortium is also the largest assembled within the broader Cosmos community.

The Injective Ecosystem Group Overview

The Injective Ecosystem Group is a venture initiative that will seek to bring unprecedented levels of growth by supporting the best builders of Injective. The core focus will involve backing builders pioneering new ideas across a diverse array of sectors including interoperability, DeFi, trading, PoS infrastructure, rollups, and scalability solutions.

Injective is witnessing major growth in developer activity and dApp deployments with projects such as Helix, Frontrunner, and White Whale launching on the chain. Last week, Astroport, one of the largest AMMs in history also selected Injective as its new L1 destination chain. The venture group was assembled in order to further scale ecosystem growth with partners who believe in Injective and the broader Cosmos vision.

With a mission to advance the adoption of interoperable infrastructure and composable DeFi, the venture group is set up to connect new builders with the right partners within the consortium. Support will be provided via bespoke investments alongside mentorship in technical development, cryptographic research, business development, marketing, as well as community growth, and more. The custom mentorship is designed to help Web3 projects scale to the next stage in their evolution.

How Can Builders Get Involved?

Moreover, to connect with the venture group, builders can submit a quick application. They can also provide details on the idea, the team, and the current development stage of the project. Upon submission of their application, members of the Venture Group will review all portions and reach out.

You can learn more about the application process on the official ecosystem group page on Injective’s website here.

Creating The New Financial Layer for Web3

The Injective Venture Group seeks to further bridge the gap between traditional and decentralized finance.

Furthermore, the industry is on the cusp of a new age of the rebirth of the existing financial system.  One that decentralizes power democratizes access and disintermediates existing centralized authorities. The Injective ecosystem can continue on its mission to create an entirely new financial paradigm for the masses. This is powered by the core tenets of decentralization.

ABOUT Injective

Injective is a lightning-fast interoperable layer one blockchain that brings Cosmos and ethereum interoperability to the premier finance applications. Injective provides developers with powerful modules for building exchange, DeFi, derivatives & Web3 apps. INJ is the native deflationary scarce asset that powers the Injective Protocol and its rapidly growing ecosystem.

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Injective offers developers out-of-the-box modules such as a completely decentralized order book that can be utilized to build a diverse array of sophisticated applications. This modular system allows new and exciting products to be built in a fast and secure way that maintains composability.

Because Injective is built using the Cosmos SDK, it can achieve instant transaction finality using the Tendermint proof-of-state consensus framework. More on that later.

Exclusive Focus on Finance Products

Furthermore, Injective is focused on providing capital efficiency and the best-in-class user experience. Injective strives to accomplish this by providing people with an interoperable decentralized infrastructure layer that gives people unprecedented access to decentralized financial markets, products, services, and tools.

Extremely Developer-Friendly

With the IBC (Inter-Blockchain Communication protocol), the Cosmos SDK, and full Ethereum compatibility, the Injective blockchain can be easily connected to other chains, allowing for easy cross-chain migration and interoperability. CosmWasm, a novel smart contracting platform built for the Cosmos ecosystem, gives developers the ability to easily launch their smart-contract-powered applications on Injective while seamlessly migrating smart contracts from other chains using CosmWasm.

Utilize Cosmos’ Security

Injective is built with Tendermint, a state-of-the-art blockchain engine, that allows the software to be securely and consistently replicated.

But what is meant by “securely”? Well, it means that Tendermint continues to work, even if up to 1/3 of machines fail in arbitrary ways. The ability to tolerate machines failing in arbitrary ways — including becoming malicious — is known as Byzantine Fault Tolerance (BFT).

Furthermore, “consistently” in that context means that every non-faulty machine sees the same transaction log and computes the same state.

The combination of using CosmWasm and the Tendermint Core proof-of-stake consensus mechanism assures the security of the whole Cosmos ecosystem and, with it, Injective’s security.

ABOUT Injective

Injective’s mission is to create a truly free and inclusive financial system through decentralization. With the fastest blockchain built for finance and plug-and-play Web3 modules, Injective’s ecosystem is reshaping a broken financial system. With dApps that are highly interoperable, scalable, and truly decentralized.

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ABOUT Wormhole

Wormhole V1 was introduced in 2020 by Certus One. It was initially conceived as a traditional token bridge between Ethereum and Solana. It served as the first bridge on Solana and was responsible for bootstrapping a large amount of the liquidity in the early Solana and Serum ecosystems.

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At DoraHacks, they support and build the hacker movement, and Dora Factory provides the critical infrastructure to achieve its goal. Dora Factory has officially become a public good validator for the Injective blockchain. 

The key objective of the partnership is to help decentralize the network and drive further growth and development to the already growing Injective ecosystem by helping incentivize developers to continue BUIDLing using the rewards generated from the validator operated by Dora Factory.

Injective Hackathons and GrantDAO on DoraHacks.io

DoraHacks, together with Injective, will be hosting a global hackathon, the first event that will be hosted together. This hackathon will be a fantastic opportunity for developers to come together and BUIDL on Injective’s blockchain. In addition, there will be a sustainable prize pool from the yield generated from the DoraHacks x Injective partnership and bounties to incentivize developers to build innovative projects.

The Upcoming Hackathon

Furthermore, DoraHacks will host the hackathon using their native platform, dorahacks.io, offering bounties, quadratic funding, privacy voting, and other community governance/funding toolkits.

They will also assist in co-hosting workshops and demo sessions with the Injective team for the community to learn more about the Injective ecosystem and gain some know-how about BUIDLing within the Injective ecosystem.

“Injective is excited to be working together with the DORA community due to their ability to provide the best support to developers, and assist with the onboarding of new hackers into the Injective ecosystem. We look forward to the success of our partnership including Injective global hackathons and much more.”— Eric Chen, CEO & Co-Founder, Injective

DoraHacks and Injective will also release a GrantDAO program soon, a long-term sustainable model that will help support BUIDLers who are positively building and contributing towards the injective ecosystem.

“At DoraHacks and Dora Factory we are proud to form this long-term partnership with the Injective ecosystem as we believe that DeFi applications play a crucial role within Web3. As a strategic partner, we are excited to support developers building on Injective and look to continue driving the growth in the ecosystem.” — Steve Ngok, Partner, DoraHacks

Furthermore, this model supports developers by allowing them to continue BUIDLing and receive rewards as they reach key milestones. Each round of the Injective GrantDAO will result in winners receiving funding continuously as when one round closes, another opens to continue incentivizing teams to work on their project and consistently build.

ABOUT Injective Labs

Injective is a lightning-fast interoperable layer one blockchain that brings Cosmos and Ethereum interoperability to premier finance applications. Injective provides a set of Web3 modules, such as the world’s first fully on-chain order book and derivatives, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm.

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ABOUT DORA Hacks

DoraHacks is the hacker movement and one of the largest Web3 developer incentive platforms. DoraHacks provides key infrastructures connecting developers with grants and other crucial resources from leading Web3 ecosystems like Binance, Aptos, and Polygon.

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