Layer 1 blockchain for data, Flare announced that SparkDEX will deploy its DeFi hub on the Flare network, featuring an Automated Market Maker (AMM) and perpetuals protocol. The SparkDEX DeFi Hub is a “friendly fork” of Polygon’s leading exchange QuickSwap, and is backed by the QuickSwap community.
It includes a high-performance decentralized exchange (DEX) and an on-chain perpetuals platform with up to 100x leverage on trades. SparkDEX will leverage Flare’s data protocols for decentralized data access. The platform’s future updates will introduce advanced AI components and DeFi strategies as it gains traction in the market.
“Flare’s comprehensive approach to data management sets its ecosystem apart as the go-to blockchain for data, which will support further innovation and data-driven decision-making on SparkDEX. This marriage of bleeding-edge DeFi with data interoperability from Flare will make a powerful combination,”said Anita Ng, business development re
We współpracy z: https://cryptodaily.co.uk/2024/07/sparkdex-to-launch-advanced-defi-hub-on-flare
