The platform offers a range of financial products, including trading, lending, farming, staking, prediction markets, and launchpad, making it a comprehensive solution for DeFi users. Its team has put great effort into developing innovative and carefully designed mechanisms to enhance the user experience and maximize returns.

The Partnership

WispSwap has integrated with Wormhole, enabling users to seamlessly allocate their assets cross-chain. This integration represents its commitment to offering a superior service to its users.

With the one-stop service provided by WispSwap, users can transfer their assets freely between different blockchain networks, directly from the WispSwap platform. This advancement in technology will further streamline the user experience, providing greater efficiency and convenience.

Integrating Wormhole Connect also enhances the liquidity depth of its Asymmetric Concentrated Liquidity Market Maker (ACLMM) DEX on WispSwap, enabling efficient trading with minimized slippage. This leads to increased trading volume and more transaction fees for liquidity providers.

What is Wormhole?

Wormhole is a revolutionary cross-chain messaging protocol shaping decentralized applications’ future. It has become the industry standard for powering applications across Web3, providing developers access to liquidity and users on over 20 leading blockchain networks.

With its ability to enable use cases that span DeFi, NFTs, governance, and more, Wormhole is paving the way for the next wave of decentralized applications. The platform offers a growing suite of products that can be built on its messaging layer, with Wormhole Connect being a key asset layer product. It provides developers with an in-app bridging widget that can be easily integrated into just a few lines of code.

RESOURCES

WispSwap

REQUEST AN ARTICLE

The post WispSwap integrates with Wormhole appeared first on Smart Liquidity Research.

Anticipation is high among developers for the launch of the Sui network. Which is presently under development and slated to release its Mainnet in H1 2023. Due to its scalability, low latency, and low gas fees. The project has already gathered over 600,000 members on its Discord channel.

The Sui Foundation’s mission is to bolster the Sui ecosystem, which it achieves through a range of initiatives. Such as developer grants, conferences, education, and outreach. Upon the Mainnet launch, the Foundation will allocate a part of its assets towards staking with network validators.

BitGo, founded in 2013, will support the SUI token in its multi signature wallet. Opening its own services to Sui network users at Mainnet launch.

“BitGo is excited to become the first qualified custodian to provide custody and staking services to the entire Sui ecosystem, including holders of the SUI token who are seeking a secure way to store and stake their assets,” said Mike Belshe, Chief Executive Officer of BitGo. “Sui Foundation has connected an extensive network of developers and institutions that are committed to furthering Sui, the Open Web, and Web3 evolution, and we are excited to deliver community members safe and reliable custody and staking services for their SUI tokens.”

Acquiring the services of an experienced digital asset manager ensures security and adherence to financial regulations. The Sui Foundation’s choice of BitGo shows a forward-thinking mindset towards a new era of mainstream decentralized financial operations.

About The Sui Foundation

Sui is the first permissionless Layer 1 blockchain designed from the ground up to enable creators and developers. To build experiences that cater to the next billion users in web3. Sui is horizontally scalable to support a wide range of application development with unrivaled speed at low cost.

Website | Twitter

About BitGo

BitGo provides the most secure and scalable solutions for the digital asset economy, offering regulated custody, borrowing. And lending, and core infrastructure to investors and builders alike.

Website | Twitter

SOURCE: SUI BLOG

REQUEST AN ARTICLE

The post The Sui Foundation and BitGo Partnership appeared first on Smart Liquidity Research.

Binance Labs and Mysten Labs’ strategic partnership will help to expand Sui’s core infrastructure and accelerate Sui’s adoption of the Sui ecosystem.

Mysten Labs Overview

Mysten Labs, launched in 2021 by former Meta executives and lead architects, focuses on innovations in consensus algorithms and unique data structures that support high-performance layer-1 blockchains.

He Yi, Co-Founder of Binance and Head of Binance Labs, said:. “We expect that one should be able to use blockchain-native products seamlessly in the future. However, there’s still a technical bottleneck.

Binance Labs will focus on investing in infrastructure projects that offer innovative solutions to tackle this challenge. Mysten Labs is developing a proof-of-stake blockchain with horizontally scalable throughput and storage. We look forward to seeing the team create foundational infrastructure to help accelerate the adoption of Web3.” 

Introduction to Sui

Sui says that expanding capacity and a development environment for rich, flexible, and composable assets. It can carry out horizontally to satisfy customer demand while still keeping low operating costs per transaction.

• Sui’s Move programming language helps identify assets. (i.e. a NFT instance, a coin balance, or a smart contract) as distinct entities. It makes it clear whether an object is owned, shared, mutable, or immutable.

• Multiple groups of transactions can be process in parallel. Using Sui’s architecture, which makes it possible to scale throughput without a theoretical upper bound.

• Sui employs the cutting-edge Narwhal & Bullshark consensus protocol, which decouples transaction dissemination from sequencing and achieves unrivaled performance. On Sui, storage fees are paid separately from transaction execution. Its gas mechanism enables it to charge low and predictable gas fees. While rewarding validators for improving transaction processing and preventing DDoS attacks.

Sui offers:

• Unmatched scalability, instant settlement
• A safe smart contract language accessible to mainstream developers
• Ability to define rich and composable on-chain assets
• Better user experience for web3 apps

Transactions

About Binance Labs 

Since 2018, Binance Labs has invested in more than 200 initiatives across more than 25 nations. The Binance Labs Incubation Program has also supported over 50 native Web3 target projects. They include Polygon, Perpetual Protocol, Dune Analytics, and others. The accelerator and venture capital division of Binance, founded by Binance Ceo Changpeng Zhao.

Website | Twitter

About Mysten Labs

Mysten Labs is founded by former senior executives of Meta’s Novi Research and lead architects of the Diem blockchain and the Move programming language. Move is an open–source programming language for building smart contracts. The team specializes in distributed systems, programming languages, cryptography, and more. The mission of Mysten Labs is to create foundational infrastructure for Web3.

Website | Twitter

About Sui

Sui, the first layer 1 network was created from scratch to let designers and programmers construct experiences for the next billion cryptocurrency users. Sue is a proof-of-stake, decentralized blockchain with storage and scaling solutions by Mysten Labs. Sui’s horizontal scalability makes it possible to construct dApps at an unprecedented speed and low cost. The platform offers customers general-purpose blockchain networks and network performance making it the first of its type, rich on-chain assets, rapid settlement times, high throughput, and user-friendly Web3 experiences.

Website | Twitter

SOURCE

https://www.binance.com/en/blog/ecosystem/binance-labs-backs-mysten-labs-in-series-b-funding-to-drive-the-development-of-layer1-infrastructure-116786378754394326

REQUEST AN ARTICLE

The post Binance Labs Strategic Partnership with Mysten Labs appeared first on Smart Liquidity Research.

Coin98 is one of the first multichain crypto wallets supporting Sui. Now, Coin98 users can set up a Sui wallet on their mobile devices. Users will then be able to participate in this ecosystem through a variety of roles, such as developers, builders, users, or validators after the mainnet release.

Sui is still in the process of its infancy. As a result, Coin98 is interested in exploring opportunities to work with evolving dApps and jointly build the Sui ecosystem.

The open-sourced Sui Wallet gives Sui users the ability to create an address, view and manage assets on the Sui network, and interact with dApps. The Sui Wallet serves as a reference implementation for other potential wallets and applications in the Sui ecosystem. To that end, it will showcase the latest and most unique Sui capabilities.

The platform believes the Sui Wallet repo will act as an important ecosystem enablement tool as Sui starts to support at-scale use cases, Move-powered ownership models, and other features unique to Sui. The Sui Wallet will adapt based on input from the developer community.

How to create a Sui wallet on Coin98 Super App

Install or update our Super App to the latest version:

• iOS: https://ios.coin98.com
• Android: https://android.coin98.com

Coin98 recommends you create a Multi-Chain wallet on Coin98 Super App to easily manage and access all single blockchain wallets with only one Passphrase.

If you are already a Coin98 user, please choose to Manage on the WALLETS section, choose Active Blockchains, and activate Sui. To complete the process, you should refresh your multi-chain wallets to get updated with the Sui wallet.

ABOUT Sui

Sui is a decentralized, proof-of-stake blockchain with horizontally scalable throughput and storage, which was incubated and developed by Mysten Labs. The first-of-its-kind platform brings users a general-purpose blockchain with high throughput, instant settlement speeds, rich on-chain assets, and user-friendly web3 experiences. Sui is a step-function advancement in blockchain, designed from the bottom up to meet the needs of the next billion users in crypto.

Website | Twitter | Discord

ABOUT Coin98

Coin98 is the #1 crypto super app design. Seamlessly connect a billion users to the crypto world safely and securely. The platform offer users across the globe a comprehensive and trusted ecosystem of essential services, including but not limited to a non-custodial, multi-chain NFT & cryptocurrency wallet, built-in DEXs, Cross-chain Bridge & DApp Browser, a powerful Terminal, attractive Earn, Gift & Campaign, and other.

Website | Twitter 

RESOURCES

Coin98 Wallet

REQUEST AN ARTICLE

The post Coin98 integrates Sui appeared first on Smart Liquidity Research.