Via this integration, users get to perform all their DeFi Services – token swapping, yield farming, liquidity pool – in a single place and a multichain bridge where they can bridge out and into the Shardeum ecosystem.

IceCreamSwap is a multichain DeFi ecosystem with Swap, Liquidity, Farm, Staking, Bridge, and Launchpad all in one place. Its DEX is fully decentralized, and trustless, and uses the unmodified Uniswap V2 Smart Contracts, which are battle-tested for multiple years now to provide you the maximum security.

IceCreamSwap Key features:

• Battle-tested security (standing on the shoulders of Uniswap V2)
• Multichain swap/pool and bridge
• Earn passive income with farming and staking
• Reliable and trusted RPC
• User-friendly interfaces
• High-speed transactions
• Low swapping fee (0.3%)
• Low bridging fee (1%)

IceCreamSwap offers seamless integration with multiple chains through its bridge solution, enabling users to easily transfer tokens to and from the Telos chain.

Its bridge implementation includes a gas dropper feature, ensuring a smooth transition to Telos. For instance, when you bridge USDT from BSC to Telos, you are given some free TLOS tokens. This is particularly advantageous for new Telos users, granting them instant access to trading opportunities.

Furthermore, IceCream Swap allows users to trade one token for another on the Telos chain like a breeze. One notable innovation is the ability for users to swap between two tokens even if IceCreamSwap currently lacks the necessary liquidity. This is made achievable through its DEX aggregator, which leverages the liquidity available on external DEX platforms.

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Shardeum Raises $5.4M in Strategic Round

This injection of capital positions Shardeum to advance its development efforts and expand its reach within the blockchain ecosystem, paving the way for innovative solutions and transformative impact.

WazirX Founders Fuel Shardeum’s Growth

The strategic funding secured by Shardeum represents a significant milestone in the project’s journey, with the backing of the renowned WazirX founders amplifying its prospects. The founders’ expertise and experience in the crypto industry bring valuable insights and support to Shardeum, helping propel the project forward. This collaboration is set to create synergies and unlock new opportunities for Shardeum’s growth and development.

Impressive Funding Round Bolsters Shardeum’s Vision

The successful funding round, amounting to $5.4 million, injects considerable resources into Shardeum’s operations, accelerating its progress in building innovative blockchain solutions. With this funding, Shardeum can invest in research and development, hire top talent, and expand its partnerships within the blockchain community. The increased financial strength empowers Shardeum to pursue its ambitious vision of transforming various industries through blockchain technology.

Advancing Blockchain Solutions and Impact

Shardeum’s funding success brings with it the potential for groundbreaking blockchain solutions that can revolutionize industries and solve real-world challenges. By securing $5.4 million in strategic funding, Shardeum gains the resources necessary to drive innovation and explore new avenues within decentralized finance (DeFi), non-fungible tokens (NFTs), and other emerging blockchain sectors. This funding positions Shardeum at the forefront of driving transformative impact through disruptive blockchain applications.

Expanded Development and Market Reach

The injection of $5.4 million in strategic funding allows Shardeum to expand its development capabilities and broaden its market reach. With increased resources, Shardeum can ramp up its research and engineering efforts, accelerating the development of cutting-edge blockchain solutions. Additionally, the funding enables Shardeum to extend its global outreach, forging new partnerships and collaborations to establish a strong presence in the blockchain ecosystem.

Pioneering a Future of Blockchain Innovation

Shardeum’s successful funding round, backed by the WazirX founders, sets the stage for a promising future in blockchain innovation. The substantial financial support provides Shardeum with the means to bring its ambitious ideas to life, driving the adoption of blockchain technology and fostering transformative change across industries. With a steadfast focus on research, development, and partnerships, Shardeum is poised to pioneer the next wave of groundbreaking blockchain solutions.

Conclusion

Shardeum’s achievement in securing $5.4 million in strategic funding, with the support of the WazirX founders, underscores its potential as a leading blockchain project. The funding infusion empowers Shardeum to accelerate its development efforts, expand its market reach, and drive impactful blockchain solutions. As Shardeum continues its journey, fueled by visionary funding and collaboration, the future of blockchain innovation looks increasingly promising, paving the way for a more decentralized and transformative digital landscape.

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It aims to revolutionize your crypto experience with one of the first self-custodial wallets to support account abstraction. Plena wallet is a user-friendly mobile wallet that supports multiple cryptocurrencies. It enables users to send and receive payments, exchange cryptocurrencies, and manage their portfolios. The wallet provides a seamless user experience, making it easy for new and experienced users to manage their cryptocurrencies.

Via the integration, the Plena wallet will enable users to interact with Shardeum dApps using the Plena wallet without the need to hold SHM in their wallet. This will be achieved through account abstraction, where users can use the Plena wallet to access the Shardeum network, interact with dApps, and pay for transactions using any cryptocurrency supported by the wallet. The integration will address the usability and accessibility challenges and lower the barrier of entry into crypto.

About Plena Finance

Plena Finance is the World’s #1 mobile-only DeFi application that brings the most exciting DeFi opportunities to its users. With Plena Finance users will find multiple ways of earning that are easy to invest in, giving users a CeFi like experience in a DeFi app.

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About Shardeum

Shardeum is an Ethereum Virtual Machine (EVM) compatible, smart contract platform which is designed to linearly scale while maintaining true decentralization and solid security through the use of dynamic state sharding. It also allows the platform to scale horizontally by adding more nodes to increase throughput. A network with a larger number of nodes will also have a higher degree of decentralization. Shardeum also incorporates many unique features such as linear scaling, node rotation, load detection, and auto-scaling to deliver the best user experience and long-term sustainability of any layer-one smart contract platform.

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This scaling process is possible through DSS, which helps in the division of the blockchain state (i.e., the collection of all data stored on the blockchain) into smaller pieces, or shards, that can be processed and stored in parallel. DSS optimizes the chain to increase TPS with every new node added.

This partnership combines the power of Shardeum’s blockchain technology and Frontier’s all-in-one wallet. It is to provide users with a seamless digital asset management experience. Frontier now supports Shardeum’s alphanet as well as betanet.

As a multi-chain DeFi wallet, Frontier is committed to simplifying digital asset management for users by providing a secure, non-custodial wallet that supports multiple blockchains and allows users to access various DeFi applications. With our new partnership with Shardeum, users can now manage their Shardeum tokens (SHM) alongside their other digital assets on Frontier.

As part of the collaboration, Frontier has added support for Shardeum Liberty 2.x alphanet and Shardeum Sphinx 1.x betanet on the Frontier extension. Users can now check their successful, pending, and failed transactions via the Activity section.

Frontier is working on adding support for Shardeum Liberty 2.x alphanet and Shardeum Sphinx 1.x betanet on the Frontier mobile app. This will allow users to manage their Shardeum tokens and activity on the network.

Frontier Innovative Plans

Frontier also plans to natively integrate Shardeum’s faucet across its platform. It is to enable users to avail of $SHM tokens in a very straightforward process. Additionally, Frontier will be adding support for Shardeum NFTs. It also allows users to easily store, send, and receive NFTs in the near future.

Shardeum is an early-stage community. Involving in a fast-growing community as an early bird and helping push the project forward can have long-term benefits. By integrating Shardeum with Frontier, users will be able to manage their digital assets in a more streamlined and convenient way.

With the ability to manage their Shardeum tokens on the same platform as their other digital assets, users can now access and manage all their assets in one place. Frontier’s intuitive interface and robust security features make it easy for users to manage their assets without compromising security.

In conclusion, the partnership between Frontier and Shardeum is a significant step toward making digital asset management more convenient and secure. With its commitment to simplifying digital asset management for users. With Shardeum’s cutting-edge blockchain technology, users can enjoy a seamless digital asset management experience.

ABOUT Shardeum

Shardeum is an EVM-based, linearly scalable smart contract platform. It provides low gas fees forever while maintaining true decentralization and solid security through dynamic state sharding.

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ABOUT Frontier

Frontier is the One Web3 Wallet that includes Crypto, DeFi, NFTs, and more. It enables your safe crypto journey with security, fraud detection, and prevention mechanisms.

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Shardeum partnership with CrustNetwork. Crust Network provides developers, builders, end-users of the Shardeum ecosystem with seamless and fully native access to web3 storage solutions via IPFS. Users can leverage Crust’s web3 cloud infrastructure & services for any data storage use case, ensuring the best user experience possible.

With Crust Network, developers building on Shardeum can store their data long-term using a decentralized, versatile, and purpose-built storage blockchain. Delivers truly decentralized file storage and hosting capabilities for the entire Web3 ecosystem. Empowering privacy and data ownership, Crust Network enables dApp hosting, NFT metadata storage, encrypted file storage, and much more across a wide range of blockchains, all 100% native and live on IPFS.

About Crust

Crust Network a versatile, purpose-built storage blockchain that delivers truly decentralized file storage and hosting capabilities for the entire Web3 ecosystem, empowering privacy and data ownership. Crust Network enables dApp hosting, NFT metadata storage and encrypted file storage across a wide range of blockchains.

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About Shardeum

Shardeum an EVM based L1 that uses dynamic state sharding to achieve linearly scalability. This means Shardeum can increase its TPS capacity with each validator added to the network to retain low fees forever. In many state sharded blockchains, developers face challenges as they don’t retain atomic composability across shards. However, Shardeum uses a novel architecture where atomic composability is retained. Shardeum provides the highest throughput capacity of any EVM based L1 without sacrificing on decentralization.

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