Common AMM Launches on Aleph Zero, Ushering in the Ultimate Zero-Knowledge DeFi Suite
5/23/24
By:
Ajitha
Common AMM Launches on Aleph Zero, Ushering in the Ultimate Zero-Knowledge DeFi Suite
Launch Announcement: Cardinal Cryptography launches Common AMM on Aleph Zero.
First Mainnet Release: Common AMM is the initial release of the novel DeFi platform, Common.
Decentralized Exchange: Positioned as a DEX with a user-friendly trading experience.
Built-in Bridge: Includes a bridge between Aleph Zero and Ethereum, called MOST.
Key Features:Liquidity Pools and Farming: Users can provide liquidity and earn through farming.
Bridging: Seamlessly move assets between Aleph Zero and Ethereum.
Swapping Mechanism: Enables straightforward token exchanges starting May 23rd.
Future Upgrades: Privacy-enhanced order book, institutional trading solutions, and support for EVM-based blockchains.
Common Drops Campaign: Rewards community engagement with non-transferable tokens, redeemable for CMN.
Privacy and Compliance: Balances stringent compliance with financial privacy.
Aleph Zero's Role: Emphasizes on-chain privacy, robust security, and high performance.
User Engagement: Encourages staking AZERO and providing liquidity to participate in Common Drops.
Accessibility: Users can try the app on the Aleph Zero Mainnet and read the Common Whitepaper.
#Web3 #DeFi #Blockchain #Crypto #DePINWorld
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