Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transa...
The decentralized finance (defi) project Makerdao has announced its plans to support the zero-knowledge (ZK) rollup solution Starknet in order to make DAI transactions faster and network costs cheaper. Starknet will be integrated into the defi protocol on April 28, 2022, as part of Makerdao’s multichain strategy expansion. Makerdao’s Multichain Strategy Expansion Grows With Starknet Support On Wednesday, the development team behind the Makerdao project revealed plans to integrate the Ethereum layer two (L2) scaling solution Starknet. The protocol Starknet is a product....
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MakerDAO is currently the 4th largest DeFi protocol as per TVL rankings with $14.24 billion in locked value. MakerDAO, a decentralized autonomous organization serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum rollup, StarkNet.Expected to become fully operational in the third quarter of this year as identified in the protocol's roadmap, the integration will seek to enhance the multichain capabilities of their dollar-pegged stablecoin DAI, and associated Maker Vaults function, by striving to reduce....
According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infrastructure tools alongside Starknet’s zero-knowledge (ZK) rollup technology.
Israel-Based Startup Starkware Partners With Alchemy
On Monday, the blockchain startup Starkware announced the team has inked a strategic partnership with Alchemy. The partnership will allow Alchemy customers to build decentralized finance (defi) and Web3 applications using Starknet,....
Ethereum-native projects like Uniswap that are written in Solidity can now be transpiled to StarkNet via Nethermind’s new ‘Warp’ project Ethereum development company Nethermind has announced it has “transpiled and compiled” decentralized exchange (DEX) Uniswap v3 on “Warp” — a project designed to allow Ethereum users to swap tokens on the more scalable Ethereum layer-2 network StarkNet. The milestone was announced by team lead Jorik Schellekens in an Oct. 9 Medium post.Nethermind describes Warp as a “Solidity to Cairo Transpiler” which enables Ethereum-based projects written in Solidity to....
StarkNet hopes to inspire creativity among the developer community and lead the Layer 2 building boom. StarkNet, the Layer-2 scaling solution established by StarkWare, announced that the first few decentralized apps (DApps) built on the platform have been deployed since it launched on the Ethereum Mainnet in November. StarkWare shared the nine projects listed by zkRollups, a digital directory for the zero-knowledge ecosystem, in a Twitter thread. The list ranges from decentralized finance (DeFi) to nonfungible tokens (NFTs) and gaming applications.Here are the latest projects we have....
Ethereum second layer scalability company StarkWare confirmed the rumors about the upcoming launch of the StarkNet token. The asset is aimed at enabling the project to operate a decentralized ecosystem and to create an effective mechanism to “direct its evolution”. Related Reading | Polygon Climbs 20% On Disney Glee – Can MATIC Sustain Gains This Month? The StarkNet is an Ethereum second layer scalability solution based on Zero Knowledge (ZK) Rollup technology. This provides decentralized applications (dApps) with “unlimited” scalability without compromising security,....