BrainDex now live on MoonbeamNetwork and MoonriverNW. Since BrainDex launched over a week ago, they’ve had a lot of support from the initial users, & questions about where they’ll go next. Their goal is to create the most interconnected and efficient DeFi platform. Where they are, how they get there?

So far they implement three major efficiency upgrades to your swaps:

1. Deep multi-hop trades between volatile and stablepools, for when direct pools are inefficient

2. Protocol agnostic – use pools from all protocols, picking the most efficient for your trade

3. Split route trades – optimizing for less price impact and slippage

The protocol is wholly non-custodial and the transactions are always as-atomic-as-possible, so your tokens will always be yours.

Whats Next?

They’re in active development for crosschain XCM and EVM calls – make one-click swaps inside and outside of Dotsama! And continuous integration of new liquidity sources supercharge their routes.

They’re invested in the larger Moonbeam community – they’re currently developing a liquidity monitor / new pool notification program for partner NFT protocols.

Lastly, an advanced frontend dashboard for traders – all of the information about your favorite tokens at a glance.

About BrainDex

BrainDex a decentralized exchange aggregator and trade optimizer. BrainDex brings together all of the liquidity on integrated networks into a single interface and provides highly optimized swaps using all underlying protocols simultaneously.

Website | Twitter |

About Moonbeam

Moonbeam an Ethereum-compatible smart contract platform for building cross-chain connected applications that can access on any chain. It’s a parachain on Polkadot & a highly specialized Layer 1 chain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more, and extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations. By uniting functionality from Ethereum, Cosmos, Polkadot, & more into a single platform. Moonbeam solves today’s fragmented user experience — unlocking true interoperability & paving the way for the next generation of applications. With Ren supporting it, you can now bridge BTC, DOGE, ZEC as well as tokens & assets from the 10+ other smart contract chains Ren supports directly to Moonbeam.

Website | Twitter |

REQUEST AN ARTICLE

The post BrainDex Now Live On MoonbeamNetwork appeared first on Smart Liquidity Research.

Users can now borrow DOT/KSM against their GLMR/MOVR collaterals and borrow GLMR/MOVR against other collaterals on the platform.

GLMR and MOVR are the native tokens for Moonbeam and its Kusama-based sister network Moonriver. Parallel Finance Integrates Moonbeam & Moonriver, Their uses on the networks include:

• Paying fees on the network
• Incentivizing nodes
• Governance
• Deploying pallets by staking GLMR/MOVR
• Auto-adjustment of risk parameters

This is parallel’s first Money Market integration of assets from other parachains, bringing together two of the largest DeFi ecosystems on Dotsama. By supporting GLMR and MOVR on our Money Market, we expect the capital efficiency of the whole Moonbeam/Moonriver ecosystem to be significantly improved and in turn further boost the utilization rate of Parallel and Heiko Money Market.

About Moonbeam Network

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Like Moonriver, its sister parachain on Kusama, Moonbeam is expected to accumulate developer and user activity from the 80+ projects building DApps and protocols on the network. As a parachain on the Polkadot network, Moonbeam benefits from the shared security of the Polkadot Relay Chain. Integrations with other chains that are connecting to Polkadot.

Website | Twitter

About Parallel Finance

Parallel Finance (with its Kusama-based Heiko network) is the Polkadot network DeFi super DApp protocol that features a composable and interoperable ecosystem of decentralized applications. The DApps include liquid staking (first of its kind on Polkadot network), AMM, decentralized money market, liquid crowdloan, stream protocol (DAO tooling), wallet, and yield farming applications. The protocol is building a decentralized future that empowers the community, by increasing DeFi accessibility, capital efficiency, and security.

Parallel is also one of the largest parachains in the Polkadot space with over $700M+ TVL and 300K+ active users.

Website | Twitter

RESOURCES

https://medium.com/parallel-finance/glmr-movr-are-now-live-on-parallel-and-heiko-money-market-494944ae8753

REQUEST AN ARTICLE

The post Parallel Finance Integrates Moonbeam appeared first on Smart Liquidity Research.

The Zenlink Hybrid AMM smart contract has passed PeckShield’s security audit, and you can read the full audit report here, and scroll down to learn everything about the Zenlink Hybrid AMM.

Stable Pool Info

The launch of Zenlink Hybrid AMM means that Stable AMM will be available and the 1st 4pool standard curve on Dotsama will be live.

Swap Fee: There is a 0.05% fee on each transaction using the Stable AMM. 50% goes to the liquidity provider, 30% is used to buyback ZLK, and 20% goes to the treasury.

Amplification Coefficient: Higher values widen the range of low-slippage fees, while lower values help keep the pool’s composition balanced.

Flashloan: Zenlink Stable AMM will support the flashloan feature.

Stable Farms

To help Stable AMM build more liquidity while providing users with stable DeFi gains, Stable Farms will also be launched, with 4pool being activated first (more pools will be added later). This will need to be elaborated separately for both networks:

• The 4pool on Moonriver is a new curve pool consisting of USDT+USDC+xcAUSD+FRAX (USDT, USDC bridged by Multichain)
• The 4pool on Moonbeam is a new curve pool consisting of madUSDT+madUSDC+xcAUSD+FRAX.

Users on both networks provide liquidity to the pool with any combination of the above 4 stablecoins to obtain 4pool LP tokens for earnings.

Doing Swaps using the Hybrid AMM

With the introduction of Hybrid AMM, each transaction will automatically connect Standard AMM and Stable AMM via Zenlink Smart Order Routing to select the best trade path for the user, who will be able to view the trade path at the bottom of the trading window.

About ZenLink

Zenlink is building a new generation of cross-chain DEX network. By integrating the Zenlink DEX Module, Zenlink can enable parachains to quickly possess DEX capabilities and share liquidity with other parachains; Zenlink DEX aggregator can link all DEX DApps on Polkadot.

Website | Twitter

About Moonriver

Moonriver is a companion network to Moonbeam and provides a permanently incentivized canary network. Once proven, the same code ships to Moonbeam on Polkadot.

Website | Twitter

About Moonbeam

Moonbeam is much more than just an EVM implementation. It’s a highly specializing Layer 1 chain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more.

Website | Twitter

SOURCE:

https://medium.com/zenlinkpro/zenlink-hybrid-amm-launch-info-a23d397a501f

The post Zenlink Hybrid AMM Launch appeared first on Smart Liquidity Research.