Ampleforth integrates with Avalanche to introduce stablecoin alternative
The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction. Fragments Inc., the team responsible for the development of the Ampleforth protocol, has announced that Ampleforth will be integrated into popular blockchain Avalanche to facilitate the introduction of the unit-of-account denomination model AMPL.AMPL is an algorithmic computer programming language that holds promise as a decentralized method of denominating stable contracts for core functionalities in the decentralized finance, or DeFi, space such as lending,....
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The FORTH governance token will give community members the ability to propose and vote on changes to the Ampleforth protocol. Base-money protocol Ampleforth has announced the launch of a new governance token Wednesday, setting the stage for further expansion and community engagement following a successful year of adoption. The project said that the FORTH token is meant to serve as the basis of Ampleforth’s evolution, with more than 75,000 users set to become founding members of the governing body. Holding FORTH tokens would entitle users to propose and vote on changes to Ampleforth’s....
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches on Avalanche On Wednesday, Tether Operations Limited, the firm that issues the stablecoin asset tether (USDT) has announced the launch of USDT on Avalanche (AVAX). The crypto exchange Bitfinex has also revealed it will support Avalanche-native USDT tokens on the exchange. Avalanche (AVAX) is a smart....
BitMart, a premier global digital asset trading platform, announces a new integration with the Avalanche network and will support its ecosystem. AVAX, the native token of the Avalanche platform, will be listed on BitMart on July 26, 2021. Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has […]
On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower fees.”
Boba Network Integrates With the Avalanche PoS Blockchain
Boba Network, the layer two (L2) scaling project introduced Boba AVAX L2 on Wednesday via the team’s Twitter account. “We’re over the slopes to announce our partnership as an official scaling solution....
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly on Avalanche’s C-Chain, saving on fees and eliminating the need for bridges to wrap this token.
Native USDC Support on Avalanche
Circle, the issuer of USDC, has announced the launch of its stablecoin on the Avalanche network. Circle expects this development to create new opportunities and....