The zkLink protocol solves these problems by creating a Layer2 network that connects blockchains using ZK-Rollup technology. Users can collateralize any stablecoin (some 1:1 and some at a discount) and have it minted as a single unit under PCD. The arbitrage of stablecoins (e.g. USDT and USDC) and origin (e.g. USDT from Ethereum and Solana) are both eliminated and users can benefit from aggregated liquidity on the zkLink ecosystem.

What is zkLink?

zkLink is a unified, multi-chain layer 2 network powered by zero-knowledge technology. By connecting blockchains and layer 2 protocols together, the zkLink network will allow developers and traders to leverage liquidity from private chains, while providing smooth technology experiences for users, from that makes DeFi a shared home that anyone can access.

zkLink creatively applies zero-knowledge technology to multi-chain interoperability with a decentralized decentralized separation of powers design and no need for 3rd parties to ensure the security of assets and transactions. Furthermore, zkLink eliminates price differentials between stablecoins from different blockchains to enable multi-chain liquidity aggregation, thereby forming a huge stablecoin liquidity pool through a debt mechanism controlled by the exchange. single protocol (protocol-controlled-debt/PCD), cost-effective, with accessible infrastructure.

Currently zkLink is supporting a wide range of blockchains, including: Ethereum, BNB chain, Polygon, Avalanche, Solana, Arbitrum, Optimism.

Highlights of zkLink zkLink has 3 outstanding features as follows:

1.Zero-knowledge Proofs technology with Zero Security Compromise

• ZK-proof are algorithms designed to ensure that only valid transactions are executed and cannot be manipulated or faked, ensuring the security of users' networks and funds.

• Thanks to ZK-Rollup's on-chain data availability, account status can always be restored in the event of an attack, even if all data on the zkLink Layer2 Engine is lost. ZK technology ensures that no one, including the platform itself, can upload fake zk_proof to the main chain.

2.Strong consensus mechanism

• Independent oracle network ensures consistent state of multi-chain. Such separation of powers during verification will ensure that no party gains too much power to be able to directly manipulate assets or potentially commit fraud over them.

• Design checks and balances will protect zkLink against attacks from outside and inside the system from hackers, as well as related parties through power branching.

***3.Multichain Liquidity Aggregation

With its own unique protocol-controlled-debt (PCD) mechanism, stablecoins from different blockchains will be easily aggregated into a single coin, which can:

• Use for all purposes on the zkLink ecosystem

• No need to use multiple wallets on different chains

• Reduced fees and fast processing

Investor of zkLink

Partner of zkLink

Roadmap by zkLink

Community of zkLink Web:

https://zk.link/

Twitter:

https://twitter.com/zkLinkorg

Telegram:

https://t.me/zkLinkorg

Discord:

https://discord.gg/sgB8CP2b

Medium:

https://zklinkdefi.medium.com

Crew3:

https://crew3.xyz/c/zklink/invite/OmIqtGMMa6rkaFBgfBY3B

🕰️What is Timeswap (TIME) ? What’s so special about Timeswap’s mechanism of action? Is this a desirable project? Find out right here !

Although the Lending and Borrowing protocols that are appearing on the market have accumulated a large volume of liquidity, there are still many inefficiencies that need to be addressed.

Some outstanding issues can be mentioned such as: Scalability - especially on the Ethereum platform, efficient use of capital, the risk of Oracles being hacked, or the problem of projects The current project is not completely decentralized. Timeswap was developed to focus on solving the problems just mentioned. 

❓What is Timeswap ?

Timeswap is the first fully decentralized AMM -based lending protocol on the market. 

Timeswap is self-sufficient, non-custodial, has the ability to use gas fees efficiently, and can operate without the need for oracles or liquidators. Inspired by Uniswap, Timeswap has developed a proprietary 3-variable AMM protocol: X*Y*Z = K.

Inside:

• X is the root Pool.

• Y is the interest pool.

• Z is Pool for collateral (Collateral).

The interaction of these variables determines the interest rates and collateral required for the pools to interact with each other. This provides users with the flexibility to determine their own risk appetite, thereby adjusting the interest rate and collateral ratio accordingly for each lending & borrowing transaction. 

The project is built to be minimalist, permissionless, capable of saving gas fees and allowing anyone to create a lending & borrowing market for ERC-20 tokens .

🎓 Highlights of Timeswap

• Interest rates and collateral are flexibly adjusted to the market: Every time lenders, borrowers, or liquidity providers transact with Timeswap Pools, the supply of these types of assets changes. assets, thereby adjusting the interest rates and collateral required of subsequent transactions. This flexibility can lead to increased capital efficiency and easier risk management. 

• Oracle-less: Unlike other DeFi protocols, Timeswap works without the need for Oracles . Borrowing assets is determined by the supply and demand of tokens appearing in liquidity pools, rather than having to get data from outside Oracles. 

• Permissionless: Timeswap is completely permissionless, thus allowing anyone to create a Pool for Lending - Borrowing purposes with ERC-20 tokens, with the ability to use any other ERC-20 token as an asset. collateral, with any maturity. 

• Fixed Maturity: Timeswap pools have fixed maturities, allowing the creation of fixed-maturity financial products such as bonds, or options trading.

• Isolated Markets: Pools operate separately, helping to reduce risk, where the collapse of one collateral will not affect other markets too much when compared to the pooled liquidity model. ). 

• Reduced risk of attack: Since Timeswap works without Oracle or Liquidator, the risk of being hacked is greatly reduced. 

• Flexibility in risk profile: The project provides flexibility for lenders and borrowers to determine their own risk profile through flexibility in interest rates and mortgages.

• ERC-20 Standard: Anyone can create an ERC-20 pool through the provision of liquidity.

🪙 Token Information Timeswap (TIME)

Currently the project has not announced the official token. My team and I will update as soon as information is available.

🏙️ Project team, investors & partners

👩👨 Project team

👩👨 Partner

🏦 Investors

Summary

Currently, Timeswap does not have too much official information, and due to its late birth, built on the Ethereum platform, Timeswap will have to compete fiercely with nearly 40 projects in the same segment. However, in my personal opinion, the project has a very strong development team and lead investors with a long-term vision, focusing on the DeFi segment.

If Timeswap really solves the current outstanding problems such as decentralization, efficiency of capital flow and safety, then this project will still have potential for development.

Although the current trend of NFT and GameFi is still attracting most of the money flow and attention of investors, I and the Coin98 team believe that DeFi will soon grow strongly again and will play a key role. in the future development of the crypto market. 

Above is all the information about Timeswap for you to have more knowledge when learning about the project and making your own judgments. Hope this article will help you readers get more value. 

• TW:

  https://twitter.com/TimeswapLabs

• Website:

  https://timeswap.io/

• Discord:

  https://discord.gg/timeswap

• Crew3:

  https://crew3.xyz/c/timeswap/invite/lVaiJGwwOGMOPA4zQAkxm

1. Block proposer and validators have both seen the transactions sent to the network in their own mempool (mempool, in short, where "pending" transactions are waiting to be processed); However, the list of transactions may be slightly different because the speed at which transactions are updated to the mempool of each validator will vary depending on the network structure (topology, roughly short distance). between devices also affects the speed at which information is transmitted).

2. Next, validator A will aggregate transactions from his mempool into a complete block.

3. Then, according to the traditional operation of Tendermint, validator A will in turn send a block proposal – a message that includes the block ID (hash of a block) and the transactions in that block into individual parts. (chunks) to validator B; This means validator B has to wait for all these messages, including the block proposal and each group of transactions, to be sent to be able to reconstruct a complete block and then vote for approval, while he already has You can see these transactions in your own mempool!

4. The solution that Sei offers is that, instead of sending each part of the transaction as above, validator A will send a message including the block ID and hash functions of the transactions that need to be agreed to to validator B and then from With these hash functions, validator B can easily reconstruct a complete block.

5. In case validator B compares and finds that all transactions sent by validator A have not been received yet, B can still wait until he receives all chunks including all transactions of that block according to the traditional method mentioned above. Thanks to this new communication method, the throughput on Sei Network has been improved by 40% compared to the traditional method of Tendermint Core! BLOCK PROCESSING Steps in Tendermint consensus mechanism:

6. Propose: A proposed block for validators to vote on.

7. Prevote: validators will evaluate the validity of this block and then send a message stating their rating to the network.

8. Precommit: After a certain period of time, if more than 2/3 of the prevote messages agree with the data in the block, the validators send an approval/disagree message to the network; if there are still more than 2/3 of precommit messages expressing consensus, this block will begin to be processed and committed (ie added to the blockchain). Note: There must be 2 steps prevote and precommit although the mechanism is similar to ensure the security of the system; if there is only 1 precommit step, bad validators can still cheat successfully Parallel Transaction Processing and Order Aggregation Another improvement of Sei Network is the processing of unrelated transactions, not using the same resources separately & independently, instead of processing all transactions, even though they are related. to each other or not, sequentially. Besides, Sei Network is also designed to process transactions of different markets in parallel, saving time, thereby reducing risks for market makers (market makers). ). If the orders in a block belong to the same market, they will be aggregated to be processed at the same time. Sei Network also allows traders to aggregate multiple independent orders into a single transaction and execute them to save on gas fees. Besides helping to improve the user experience, shortening the time through this method of transaction aggregation and parallel processing also helps prevent front-running, thereby ensuring transparency. and fair to individuals participating in the market. #Crypto #Blockchain #seilors #seinami #seilorgang #IBCseilors #cosmos #DeFi #blockchain

#Crypto #Blockchain #seilors #seinami #seilorgang #IBCseilors #cosmos #DeFi #blockchain

• 🧾 Cetus is a pioneer dex and liquidity protocol built on Aptos & Sui blockchain. It focuses on delivering better trading experience and upgraded capital efficiency to DeFi users through the process of building its concentrated liquidity protocol and a series of affiliate functional modules

Capital efficiency is the first thing that Cetus can redefine for this ecosystem, which is powered by its concentrated liquidity algorithm. Both liquidity providers and traders can benefit from this. By concentrating liquidity in an active price range, LPs can earn transaction fees more efficiently. Traders can enjoy low-slippage trading around the spot price during their swaps. In addition, developers can easily build their own products and tip into the most efficient liquidity source of Cetus by integrating with its openly-accessible smart contracts and SDKs.

🕰️Date: TBA

Social network: Discord & Twitter

How to swap and add liquidity on Cetus on Aptos Mainnet ?

NOTE: Have some $APT for gas fees.

• Step 1:

  • Go to website: Cetus

  • Connect your Aptos wallet (Petra, Martain, …)and top up with $APT from exchanges like Binance, OKX, etc. I will be using Martian wallet for tutorial.

• Step 2:

  • Making a Swap: Go to swap tab and choose from the list of tokens you want to swap your $APT tokens into. Ex: Apt to zUsdc. And out the amount you want to swap

  • Click on confirm. And approve the transaction into your wallet. And hurrah your swap is complete. You can see the amount of zusdc in your wallet.

• Step 3:

  • Making a Add Liquidity: Click on POOLS tab.

  • Choose the pool in which you want to add liquidity and click on it. Ex: Apt/zUsdc.

  • Put in amount you want to add into pool. And click on Add to pool.

  • Now confirm the transaction in wallet. And bingo you have added liquidity in this pool. You can check your lP shares on the bottom of screen.

How do i join the bounty and get a OG role ?

Learn more at:

• Cetus official website: www.cetus.zone

• Cetus official Twitter:

  https://twitter.com/CetusProtocol

• Visit the bounty site:

  https://cetusprotocol.crew3.xyz/invite/k68khc0lCj03d6K8p9oLl

• Perform daily tasks on the platform

My discord: hungmmo91#6792

My twitter: @hungphung91

Thank for your great project ! @CetusProtocol #Cetus #Aptos

Mint free NFT của SeiNetwork ♒️ Các địa chỉ ví đã thực hiện hơn 10 giao dịch trên mạng thử nghiệm Seinami sau ngày 8/11 đủ điều kiện để mint Sei NFT "Dawn".

Cách làm: ➡️ Tải xuống Ví Cosmos : khuyên dùng Keplr Wallet

(https://chrome.google.com/webstore/detail/keplr/dmkamcknogkgcdfhhbddcghachkejeap)➡️ Join Discord và faucet: discord.gg/HnGYFP3FrJ

➡️ Thực hiện 10+ Giao dịch trên testnet: https://trade.vortexprotocol.io/ AE chỉ cần deposit với withdraw đủ 10 lệnh là dc

➡️ Claim NFT: seinetwork.io/dawn Goodluck!