AllianceBlock backed Nexera DEX eyes institutional adoption with decentralized KYC, AML

2023-8-15 17:30

DeFi infrastructure provider AllianceBlock has launched the Nexera decentralized exchange (DEX) on Ethereum (ETH) layer2 network, Arbitrum One, and integrated it with Uniswap (UNI) liquidity, according to an Aug. 15 statement shared with CryptoSlate.

Nexera Exchange

The Nexera DEX uses innovative designs incorporating advanced on-chain order book protocol. This allows it to provide deeper and more accessible liquidity for various digital assets.

A notable feature of Nexera is its leveraging of Uniswap V3 protocol’s liquidity. The firm said the integration allows users to place market orders and gain deeper insight into available liquidity at various price points for trading pairs.

According to AllianceBlock, Nexera’s next phase would add the ability to execute limit orders. It will achieve this by adding a stability staking pool and the NXRA token, incentivizing traders to use the platform because they could stake their assets and earn a part of its trading fees.

“Transitioning from market orders to limit orders will give users heightened control and deeper price insights, creating a more efficient trading environment,” it said.

Additionally, the protocol would enable Real World Assets tokenization and introduce innovative DeFi features such as Staking-Enabled On-Chain Orderbooks and Order-Triggering Matching.

AllianceBlock added that Nexera prioritizes optimized liquidity mechanisms with a more basic user interface, allowing it to offer a decentralized trading experience that can compete with centralized platforms.

Nexera wants to entice institutional users by being regulatory compliant

AllianceBlock revealed that one of Nexera’s goals is to become regulatory compliant, which would help attract financial institutions and institutional traders to enter the DeFi scene.

To achieve this, Nexera plans to introduce a decentralized know-your-customer and anti-money laundering process to verify its users. The DEX stated that it intends to keep its users’ right to anonymity by relying on zero-knowledge-proof technology for these processes.

Several DeFi protocols have struggled with the current regulatory environment, with the U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler highlighting that non-compliance was rife in the crypto space.

The post AllianceBlock backed Nexera DEX eyes institutional adoption with decentralized KYC, AML appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Decentralized Machine Learning (DML) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0009581 (-100%)

decentralized dex allianceblock nexera integrated one layer2

Источник: cryptoslate.com

decentralized dex → Результатов: 126


IDEX Decentralized Exchange to Roll Out Multi-Chain Solution; Starting With Polkadot & Binance Smart Chain

IDEX, a popular decentralized exchange (DEX), plans to expand its infrastructure into two extra blockchains, adding its Ethereum (ETH) implementation. In an announcement shared with BEG, IDEX confirmed a multi-chain solution expansion program that will integrate the decentralized exchange’s infrastructure to Polkadot and Binance Smart Chain (BSC).

2020-11-26 00:06


Фото:

Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%

The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175. 7 billion to $330. 6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi) hype and yield farming frenzy that peaked in August.

2020-10-11 10:30


Фото:

Kucoin Hack: $17M Laundered Via Decentralized Exchanges, Blockchain Analysis Firm Claims This Can Still be Traced

Elliptic says the Kucoin hacker has sold $17. 1 million worth of tokens via decentralized exchanges (dex) platforms like Uniswap, Kyber Network, Tokenlon. The shift to dex applications comes after centralized projects came to the aid of the beleaguered exchange by blocking any cashing out of the hack related funds.

2020-10-2 10:30


DeFi Jest Token FEW Flies Over the Heads of Community

What was intended to be a joke by one of the crypto and DeFi community’s prominent members has turned sour, attracting a great deal of backlash on social media. By its decentralized nature, the Uniswap DEX allows any token to be listed, which often includes fake replications of existing tokens, scams, Ponzis, and in this […] The post DeFi Jest Token FEW Flies Over the Heads of Community appeared first on BeInCrypto.

2020-9-23 10:38


Uniswap’s UNI Mania Pushes Median ETH Gas Price to a Record 700 Gwei High

Today, popular decentralized exchange (DEX) Uniswap launched its governance token UNI and airdropped it to all those who provided liquidity to the platform before September 1st. UNI is currently the 36th largest cryptocurrency by market cap of $492 million, as per Messari, and is currently trading just under $3, down from its peak of over […] The post Uniswap’s UNI Mania Pushes Median ETH Gas Price to a Record 700 Gwei High first appeared on BitcoinExchangeGuide.

2020-9-17 17:53


Tron’s DeFi Push, JustSwap, Partners with Decentralized Exchange (DEX) 1inch & Mooniswap

The DeFi aggregator, 1inch Exchange, is working on integrating several blockchains. Today, they announced a partnership with Ethereum’s competitor Tron. The DEX that offers swaps limit orders, and has an interface for finding the best liquidity pool where everyone can provide liquidity and earn on the APR, according to its founders Sergej Kunz and Anton […] The post Tron’s DeFi Push, JustSwap, Partners with Decentralized Exchange (DEX) 1inch & Mooniswap first appeared on BitcoinExchangeGuide.

2020-9-12 17:52


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru