您现在的位置是:Acala and Manta help launch a $250M fund to support aUSD adoption >>正文
Acala and Manta help launch a $250M fund to support aUSD adoption
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛7945人已围观
简介The aUSD Ecosystem Fund brings together several Polkadot parachains, including Manta Network and Aca...
The aUSD Ecosystem Fund brings together several Polkadot parachains, including Manta Network and Acala.
Together, the projects seek to support early-stage startups promoting the adoption of Pollkadot’s native stablecoin, Acala USD
aUSD, the main product on the Acala chain, is a decentralised, multi-collateral stablecoin backed by crypto.
Manta Network, Acala and seven other Polkadot parachain have teamed up to launch a $250 million ecosystem fund targeted at supporting stablecoin use on Polkadot and Kusama parachains.
Dubbed ‘aUSD Ecosystem Fund’, the financial initiative is set to help early-stage startups in the Polkadot and Kusama ecosystem build strong projects that support the adoption of native stablecoins.
Interoperability benefits the whole Polkadot ecosystem
Apart from Manta and Acala, other parachain teams to contribute to the fund are asset financing protocol Centrifuge, NFT and gaming platform Efinity, WASM + EVM hub Astar Network and Ethereum interoperability protocol Moonbeam.
Others are DEX chain HydraDX, DeFi multichain Parallel and predictions marketplace Zeitgeist.
Manta Network co-founder Kenny Li, commenting on the importance of the fund to the Polkadot and Kusama ecosystems, said:
“We're excited to be supporting the aUSD Ecosystem Fund and look forward to integrating privacy into the emerging use cases and projects coming out of it. With Polkadot's native interoperability, every new idea launching in the ecosystem is another value add to all parachains' “.
DEXs and DAOs among targeted projects
The fund is open to startups with Solidity or Substrate-based applications, including payment solutions, money markets, decentralised exchanges (DEXs), derivatives, DAOs, and asset managers among others.
The parachain teams are confident cross-chain activity in the Polkadot ecosystem will push aUSD into broader adoption, benefitting all the parachains in the process.
Acala Network, Moonbeam, Astar and Parallel are scheduled to outline their respective development milestones since onboarding on Polkadot later on Wednesday. The projects will also share future developments during the Parachains Takeoverevent.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/78343.html
相关文章
Ethereum developer says anticipated "merge" could delay into Q3
Acala and Manta help launch a $250M fund to support aUSD adoptionEthereum Foundation developer Tim Beiko has hinted at a potential further delay to the Ethereum&rsqu...
阅读更多
TON launches new file
Acala and Manta help launch a $250M fund to support aUSD adoptionTON Storage is a new file sharing and data storage platform on the TON blockchain.An incentivised no...
阅读更多
Solana interest grows as price eyes a bullish push after weekly 40% gains
Acala and Manta help launch a $250M fund to support aUSD adoptionSolana token has gained by almost 40% in a week as network activity surgeThe weekly gains have been...
阅读更多
热门文章
- Dwindling DeFi Sees Price Dip
- DigiByte (DGB) swings 30% up in 24 hours in an extraordinary bullish breakout
- TaoTao and Binance Abandon Plans of Partnership
- Token Better platform inaccessible in China
- Bitcoin price slips 4% as BitMEX charged in the US
- Paris Blockchain Week Summit Is Livestreaming Events Today
最新文章
Chainalysis’s new program to help law enforcement sell seized crypto
Bitcoin is among top 10 assets per investor interest in 2022
Bitcoin Cash undergoes hard fork to produce Bitcoin Cash ABC and Bitcoin Cash Node
Nigerian Ministry of Finance to create a framework for crypto
United Kingdom move to regulate stablecoins and create "global hub" for cryptocurrency
Crypto market could record further losses