1/ Oracle, the 2nd largest software provider in the world is working with partners on numerous Central Bank Digital Currency implementations.
I wonder who could have partnered with them? 🤔
🧵👇
$QNT
2/ The above video is from a recent demonstration with Oracle showing how Quant's technology can be used to tokenise assets on Hyperledger Fabric / Oracle Blockchain as well as interoperate with other blockchains.
3/ Quant are one of three Fintech Partners to deliver financial services infrastructure (Quant, Hacera and R3)
Quant are enabling #interoperability of DLTs to deliver mission-critical business applications and workloads for FS clients.
4/ Probably nothing...😏
5/ Quant are in talks with one of the largest software companies in the world who want OVL gateways to create an inter-bank network for all their thousands of financial services clients, connecting them all through their gateway to Overledger Network
Wonder who that could be?🤔
5/ Oracle invited Quant to attend the leading financial event of the year - SWIFT SIBOS where Oracle were co-marketing with Quant to take their solution to their 480,000 clients including meetings with Banks / Central Banks
6/ Quant are working with and in talks with numerous Central banks such as the Bank of England, as shown below with William Lovell, Head of Technology at the Bank of England in this Hyperledger Trade Finance call wiki.hyperledger.org/display/TFSIG/…
7/ Quant are involved in the creation of The Digital Pound Foundation.
Likely similar to the Digital Dollar Foundation used to launch pilot programs / explore designs and uses of a U.S CBDC but instead for the UK's Digital Pound CBDC.
The Layer 1 that people are sleeping on:
✅Upcoming incentive program
✅The 1st Derivatives DEX on Cosmos
✅The 1st Central Limit Order Book DEX on Cosmos
✅One of the first EVM compatible chains on Cosmos
✅Zero Gas Fees
✅IBC Interoperability to $ATOM, $LUNA, $OSMO, $BAND
1/9
✅Bridge to Ethereum and partnered with all the main L1s with more bridges to follow
✅Fully decentralised with everything through governance
✅Front Running Resistant
✅Trade any asset - Crypto, Commodities, Equities, Forex
2/9
✅Ability to easily create your own customised DEX for institutions or retail and share liquidity through relayers
✅Incredible feedback loops - More Relayers / DEXs / Customised protocols leads to more liquidity / Volume / Users > Attracts more relayers / DEXs for fees.
3/9
1/ New Interoperability proposal for universal payment channels from Visa with multiple references to Open Digital Asset Protocol (ODAP), a protocol that Quant are collaborating with MIT, US Government, Intel, Juniper, Payment companies and Telecom companies on 👀
2/ "We've also met with payment providers, cloud providers and financial services organisations. They see the huge value of having OVN gateways to access new markets and clients and allow the OVN ecosystem across to their internal blockchains, resources and digital assets."
3/ "We're talking with one of the largest software companies in the world who want OVL Gateways to create an inter-bank network for all their financial services clients and connecting them all through their gateway to the OVN."
1/ #Avalanche Rush has barely even begun yet and looks set for exponential growth over the coming months
With Major DeFi Blue Chip Protocols about to launch, $10 Billion+ Dollar Asset classes, Trillion dollar markets, Exchange Listings, Subnets & more
Have you bridged yet?
🧵👇
2/ Currently only @BenqiFinance incentives are live on Avalanche Rush and within 2 weeks since launching it has more attracted more than $2 Billion TVL 👀
That is more than Fantom, Cosmos Hub, Tezos, NEO, Algorand, Cardano, Polkadot, Optimism & Arbitrum COMBINED 🤯
3/ The program has barely started yet
Incentives used: Less than $1 Million
Incentives to go: $469 Million
$AVAX Price: 3x in 3 weeks
1/ Solana is good and all, but it also has its disadvantages / inflated metrics which very few people seem to talk about. In addition to the answers given to @RyanSAdams and @TrustlessState I would also add the following 👇
2/ Whilst everyone talks about the high specifications of buying and running a machine (24 cores, 128 GB Memory, 2 TB NVMe, 1 GB Network and high end graphics card) many don't realise that Solana is the only blockchain that does consensus votes on chain)
3/ Up to 80% of tps are consumed just by validators voting on consensus. Even with the cheap cost per transaction, each validator has to spend between 1 and 2 SOL every day just voting in consensus.
1/ Avalanche isn't yet another over-hyped, centralised blockchain with no innovation
#Avalanche is the only consensus that can scale the active validator set whilst also offering visa-level throughput, sub second finality and unparalleled decentralisation cryptoseq.medium.com/what-sets-aval…
2/ Avalanche is a highly customisable Layer 0 heterogeneous platform of platforms, enabling an unlimited amount of blockchains to be built on top, with support not just for the EVM, but for any custom VM whilst using the revolutionary Avalanche consensus. medium.com/avalanche-hub/…
3/ Allowing projects from any blockchain to ultimately be easily ported over & benefit from the performance, decentralisation, and customisation Avalanche offers, whilst integrating with existing tooling and appealing to developers who want to use certain smart contract languages
2/ Sushiswap did $26 Billion volume in May, if Injective does that volume it would mean the total trading fees (maker + taker (0.3%)) would be $78 Million for the month
🔥60% are used to buy back and burn $INJ: $46.8 Million each month
🧑🤝🧑40% used for referrals: $31.2 Million
3/ 60% of the fees worth $46.8 Million (which contain lots of different tokens through the various pairs) will be auctioned (normally this will be every 2 weeks but for this example I will use per month as that is what the reported exchange volume of Sushiswap was based on)