Originally published: Nov 20, 2024

Demether is committed to building a sustainable and user-friendly DeFi ecosystem that empowers blockchain foundations to attract and retain liquidity effortlessly. We are on a mission to onboard the next billion into passive income through our yield-bearing tokens.

Choosing the right partner to support this vision is crucial, and Movement Labs is one of the best we could have partnered with.

Demether prides itself on its focused approach and building depth within a select few ecosystems. Here are the core reasons we chose to join the Movement:

Movement Labs is at the forefront of blockchain interoperability, leveraging a robust ecosystem built around key innovations like M1, M2, Move Stack, and MoveVM. The M1 layer, a shared sequencer, enables atomic operations across chains, enhancing liquidity and operational efficiency. Meanwhile, M2 drives decentralized execution across diverse environments, ensuring seamless cross-chain interactions. These innovations will empower Demether to support other Move-based chains with products and solutions in the future.

Move’s modular architecture promotes reusable and scalable code, while features such as linear types and strict access controls prevent common errors like double-spending. The prompt support received from the Movement team helped us quickly enable and run the testnet.

Movement Labs shares our commitment to DeFi innovation and user accessibility. Their focus on scalability, security, and abstraction is evident in the wide range of partnerships they have forged. Demether is entering a healthy and vibrant ecosystem that includes partners like MovePosition, Nucleus, Nine Suns AI, and many others, offering a wealth of opportunities to add value for our users.

The synergy between Demether and Movement Labs creates the perfect environment to refine and showcase our dApp’s functionality. By leveraging Movement’s cutting-edge technology, we are taking one step closer to redefining liquidity management in DeFi.

We invite you to mint our first token, $demETH, on Movement Labs’ testnet and share your feedback.

🔗 Try Demether on Movement Testnet Now

Let’s sow the seeds of a new DeFi revolution! 🌾

Demether is a TVL-as-a-service protocol that enables blockchain foundations to attract and retain liquidity at zero cost. It is on a mission to onboard the next billion into passive yields via a suite of yield bearing tokens.

The protocol, supported by Animoca ventures, Skyvision Capital, Formless Capital and 19 other partners, is currently in the pre-launch phase. We are targeting to go live by Q4 2024. The first product to be launched by Demether will be a synthetic liquid restaking token, $demETH.

Website: https://demether.io
Twitter: https://x.com/DemetherDeFi
LinkedIn: https://www.linkedin.com/company/demether

Movement Labs is at the forefront of blockchain innovation, focusing on modular architectures that enable scalability, interoperability, and chain abstraction. As a Layer-2 solution leveraging the Move programming language, Movement Labs empowers developers to build and deploy decentralized applications (dApps) with enhanced security, flexibility, and performance. By separating execution, consensus, and data availability layers, Movement Labs facilitates seamless integration across chains, creating a truly interconnected ecosystem.

Originally published: Nov 20, 2024

Demether is committed to building a sustainable and user-friendly DeFi ecosystem that empowers blockchain foundations to attract and retain liquidity effortlessly. We are on a mission to onboard the next billion into passive income through our yield-bearing tokens.

Choosing the right partner to support this vision is crucial, and Movement Labs is one of the best we could have partnered with.

Demether prides itself on its focused approach and building depth within a select few ecosystems. Here are the core reasons we chose to join the Movement:

Movement Labs is at the forefront of blockchain interoperability, leveraging a robust ecosystem built around key innovations like M1, M2, Move Stack, and MoveVM. The M1 layer, a shared sequencer, enables atomic operations across chains, enhancing liquidity and operational efficiency. Meanwhile, M2 drives decentralized execution across diverse environments, ensuring seamless cross-chain interactions. These innovations will empower Demether to support other Move-based chains with products and solutions in the future.

Move’s modular architecture promotes reusable and scalable code, while features such as linear types and strict access controls prevent common errors like double-spending. The prompt support received from the Movement team helped us quickly enable and run the testnet.

Movement Labs shares our commitment to DeFi innovation and user accessibility. Their focus on scalability, security, and abstraction is evident in the wide range of partnerships they have forged. Demether is entering a healthy and vibrant ecosystem that includes partners like MovePosition, Nucleus, Nine Suns AI, and many others, offering a wealth of opportunities to add value for our users.

The synergy between Demether and Movement Labs creates the perfect environment to refine and showcase our dApp’s functionality. By leveraging Movement’s cutting-edge technology, we are taking one step closer to redefining liquidity management in DeFi.

We invite you to mint our first token, $demETH, on Movement Labs’ testnet and share your feedback.

🔗 Try Demether on Movement Testnet Now

Let’s sow the seeds of a new DeFi revolution! 🌾

Demether is a TVL-as-a-service protocol that enables blockchain foundations to attract and retain liquidity at zero cost. It is on a mission to onboard the next billion into passive yields via a suite of yield bearing tokens.

The protocol, supported by Animoca ventures, Skyvision Capital, Formless Capital and 19 other partners, is currently in the pre-launch phase. We are targeting to go live by Q4 2024. The first product to be launched by Demether will be a synthetic liquid restaking token, $demETH.

Website: https://demether.io
Twitter: https://x.com/DemetherDeFi
LinkedIn: https://www.linkedin.com/company/demether

Movement Labs is at the forefront of blockchain innovation, focusing on modular architectures that enable scalability, interoperability, and chain abstraction. As a Layer-2 solution leveraging the Move programming language, Movement Labs empowers developers to build and deploy decentralized applications (dApps) with enhanced security, flexibility, and performance. By separating execution, consensus, and data availability layers, Movement Labs facilitates seamless integration across chains, creating a truly interconnected ecosystem.