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Showing posts with the label platform

Horiza, cutting-edge DEX platform

Horiza is a cutting-edge DEX platform built on Arbitrum Chain.  Horiza  is a groundbreaking decentralized exchange (DEX) protocol operating on the Base blockchain. It combines the strengths of  concentrated liquidity market makers (CLMM) algorithms and active position management introduced by Uniswap v3. With the ve(3,3) design  to align stakeholders’ incentives, as pioneered by Solidly. With its unique approach, Horiza aims to provide deep liquidity on the Base blockchain and create a decentralized market for token emissions. Generally, most AMMs face two sets of challenges: Technical  challenges include improving liquidity deployment efficiency, reducing slippage and impermanent loss, and incentivizing fee-generating pairs. Mechanism design limitations are chiefly the fact that most protocols tend to focus almost exclusively on incentivizing liquidity provision and not fee generation. Moreover, token holders don’t have a true value outside of governance. A more effective pat...

Block.one-backed social NFT platform Voice to cease operations

Voice has decided to wind down its business just two years after pivoting from a social network to an NFT platform . Voice was initially planned as a decentralized social media network but later “upgraded” into a non-fungible token (NFT) platform for creators. Now, it is winding down its services amid regulatory roadblocks. Today, we are sad to announce that we will be winding down operations at Voice over the coming months. — Voice (@VoiceHQ) September 13, 2023 In an X (formerly Twitter) thread, Voice said it will be “winding down operations” over the coming months, citing the ongoing uncertainty in the crypto and NFT market. The startup didn’t elaborate on the decision. Still, it believes in the “tremendous potential web3 holds to empower creators.” “At this point, we feel that it is in the best interest of Voice and its community to use the resources we have left to optimize our wind-down process for you.” Voice ...