Oasis Network has recently become a part of Rubic’s ecosystem with YuzuSwap as an accompanying DEX. As Rubic announced its Integration with Oasis Network.

Oasis Network and Rubic

A DEX conducting swaps from and to Oasis is YuzuSwap (also integrated into Rubic), an open, safe, and fair ecosystem with high composability.

Now, users can swap BIFI, LINK, and BETS tokens (depending on the chain) across 15 other blockchains: Ethereum, BSC, Polygon, Avalanche, Fantom, Telos, Moonbeam, Moonriver, Cronos, Kava, Metis, Optimism, Arbitrum, Fuse, and Celo.

This integration has also brought the ROSE token to the Rubic Platform, where it’s available for on-chain swaps on the Oasis network.

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About Oasis Blockchain

Technology Highlights

• Separates consensus and execution into two layers — the consensus layer and the ParaTime layer — increasing scalability and versatility.
• Separation of consensus and execution allows multiple ParaTimes to process transactions in parallel, meaning complex workloads processed on one ParaTime won’t slow down faster, simpler transactions on another.
• The ParaTime layer is entirely decentralized, allowing anyone to develop and build their own ParaTime.
• The network’s sophisticated discrepancy detection makes Oasis more efficient than sharding and parachains — requiring a smaller replication factor for the same level of security.

Website | Twitter

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About Yuzuswap

YuzuSwap is a decentralized exchange on the Oasis Emerald paratime that includes incentives like liquidity and trade mining. YuzuSwap follows a non-custodial, peer-to-peer, automated-market-maker model, and aims to provide a safe, swift, low-cost tool to discover and swap tokens within the Oasis ecosystem.

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About Rubic

­Rubic provides the tools for crypto projects to become fully interoperable between blockchains. With an easy-to-install widget and a fully-customizable SDK. Rubic is already servicing more than 90 projects!

Website | Twitter

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SOURCE: MEDIUM

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The Oasis Ecosystem Fund continues to expand rapidly with an additional $35 million contribution from various new investors including Newman Capital, Seven X Ventures, and others. The injection of new capital takes the Oasis ecosystem to a massive $235 million — among the largest and strongest in the industry.

Oasis Protocol Will Be Focus On:

Oasis is focus on helping developers to grow in the field of:

• DeFi
• NFTs
• Crypto Gaming
• Metaverse
• Tokenization of Data
• Data DAO
• Data Governance
• Privacy Applications

 “We are delighted to have received further contributions to our Ecosystem Fund from valued investors. Their belief in our vision will help projects building on Oasis to advance Web 3.0 and drive blockchain technology forward.”— Jernej Kos, Oasis Foundation Director

Additionally, the Oasis Ecosystem Fund has received dozens of applications for funding. One of these projects is YuzuSwap, a decentralized exchange (DEX) that includes incentives for liquidity as well as trade mining. The platform has received around $2 million from the foundation. YuzuSwap went live on Oasis Emerald, the EVM-compatible ParaTime in January 2022, and has already seen significant growth, surpassing $1 Billion in trading volume in less than a month.

Furthermore, by bringing privacy and scalability to DeFi, the Oasis Network expands DeFi beyond early adopters to a mass market. It enables private smart contracts, high scalability, and the ability to tokenize data. As a result, this unlocks new use cases like private lending, undercollateralized loans, as well as private automated market makers.

Moreover, the Oasis Network’s unique combination of confidential computing and blockchain enables a new paradigm called Tokenized Data. Furthermore, with Tokenized Data users can earn rewards by staking their data with apps that want to analyze it or control how their most sensitive information is consumed by the services they use.

Additionally, Oasis Network can power private, scalable DeFi. Its unique privacy features allow individuals to maintain data rights and make money from their data, all while retaining control and privacy.

Conclusion

The Oasis Network has a thriving community of close to a thousand node operators, developers, enterprise partners, ambassadors, as well as nearly ten thousand community members engaged in global social channels.

To apply for Ecosystem Funding, click here.

ABOUT Oasis Protocol
Oasis Network is the leading privacy-enabled and scalable layer-1 blockchain network to propel Web3 forward. Layer 1 decentralized blockchain network designed to be uniquely scalable, privacy-first as well as versatile.

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RESOURCES
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