THORChain provides a solution in the form of a decentralized exchange (DEX) based on the Cosmos software development kit (SDK). Its automated market maker (AMM)-based protocol provides the backend technology needed to swap cryptocurrencies between blockchains that were previously non-interoperable.

One of the most significant innovations to come out of the decentralized finance (DeFi) space is the automated market maker (AMM) model. AMMs allow crypto users to deposit a specific ratio of cryptocurrencies to a so-called liquidity pool. Participants then use these pooled funds to execute trades, with the pooled cryptocurrencies acting as the trading pair.

SubQuery Network Integrates THORChain

THORChain will benefit from the full SubQuery experience, including the open-source SDK, tools, documentation, developer support, and other benefits developers receive from the SubQuery ecosystem including SubQuery’s managed service, which provides enterprise-level infrastructure hosting and handles over 400 million requests each day.

SubQuery provides decentralised data indexing infrastructure to developers building applications on multiple layer-1 blockchains. SubQuery Network Integrates THORChain, As an open data indexer that is flexible and fast, the open indexing tool helps developers build APIs in hours and quickly index chains with the assistance of dictionaries (pre-computed indices).

Engineered for multi-chain applications, SubQuery’s tools allow developers to organize, store, and query on-chain data for their protocols and applications. SubQuery eliminates the need for custom data processing servers, helping developers focus on product development and user experience.

About THORChain

THORChain is a decentralized cross-chain liquidity protocol that allows users to swap assets between blockchain networks. THORChain provides a solution in the form of a decentralized exchange (DEX) based on the Cosmos software development kit (SDK). Its AMM-based protocol provides the backend technology needed to swap cryptocurrencies between blockchains that were previously non-interoperable.

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About SubQuery

SubQuery is a blockchain developer toolkit facilitating the construction of Web3 applications of the future. A SubQuery project is a complete API to organise and query data from Layer-1 chains. Currently servicing Polkadot, Avalanche, Algorand, Cosmos and Flare projects, this data-as-a-service allows developers to focus on their core use case and front-end without wasting time building a custom backend for data processing activities. In the future, the SubQuery Network intends to replicate this scalable and reliable solution in a completely decentralised manner.

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SOURCE:

https://subquery.medium.com/subquery-extends-cosmos-zone-indexing-with-thorchain-integration-79938e8186b2

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InvArch provides a new foundation through its powerful NFT primitives & DAO solutions. SubQuery Network Supports InvArch designed to not only allow development of new products but also to enable new ways of creators’ collaboration.

The Tinkernet Parachain is the canary network of the InvArch Network. It’s designed as the IP Asset & accelerated development staging grounds for the Kusama ecosystem.

Realising how vast & complex new dApps could be on InvArch & Tinkernet. Invarch team wanted to make sure that developers had access to the proper tooling.

SubQuery and InvArch started working together to ensure fast and easy access to vast amounts of data. SubQuery Network Supports InvArch, it is vital for the InvArch network developers to build complex leading-edge dApps. InvArch’s main goal was to ensure that developers had access to the proper tooling. It’s allowed them to build using the powerful data primitives provided by the networks. The ability to do this is not an inherent feature of blockchains and SubQuery offered a strong solution to this problem.

SubQuery allows developers to quickly build databases for their dApps using on-chain data found on InvArch. Developers can quickly index and organise data for their applications, and access it even faster. While InvArch is a new world of foundation-changing solutions and data, SubQuery is the crucial bridge that allows developers to quickly access the resources.

The integration between SubQuery and InvArch went smoothly thanks to InvAvrch team engagement, the open-source nature of SubQuery and technical support from the SubQuery team.

About InvArch

InvArch is a leading-edge layer-1 blockchain that is built to support and empower the future creator economy by providing a new foundation through its powerful NFT primitives & DAO solutions. It allows new products of development to take flight but also changes how individuals and teams can develop together. InvArch is building on the Substrate blockchain framework. It launches on the Polkadot ecosystem as a Parachain.

Website | Twitter 

About SubQuery

SubQuery is a blockchain developer toolkit facilitating the construction of Web3 applications of the future. A SubQuery project is a complete API to organise and query data from Layer-1 chains. Currently servicing Polkadot, Substrate, Avalanche, Algorand, Terra, and Cosmos projects, this data-as-a-service allows developers to focus on their core use case and front-end without wasting time building a custom backend for data processing activities. In the future, the SubQuery Network intends to replicate this scalable and reliable solution in a completely decentralised manner.

​​Website | Twitter

SOURCE

https://subquery.medium.com/subquery-supports-invarch-by-providing-a-data-indexing-solution-for-on-chain-nft-assets-b310428eb49

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