Singapore August Retail Sales Year-on-Year

Innovation in the Polkadot ecosystem: How Gigadot will revolutionize cross-chain DeFi The Polkadot ecosystem has been facing challenges with cross-chain liquidity and asset efficiency. As a cross-chain staking protocol focused on liquidity release, Bifrost is committed to providing users with a more flexible way to use staking assets. Meanwhile, Hydration has built a full-chain infrastructure covering multiple Decentralized Finance modules based on the Polkadot SDK and integrated it into a scalable Appchain architecture. Recently, these two projects joined forces to launch the innovative DeFi product Gigadot. By simplifying the operational process and providing multiple收益机制, Gigadot brings a more efficient capital utilization method for DOT holders, while also opening a new chapter in Polkadot cross-chain DeFi. On the product

New Exploration of Cross-Chain DeFi in the Polkadot Ecosystem: How Gigadot Enhances Asset Efficiency? In the Polkadot ecosystem, cross-chain liquidity and asset efficiency have always been the core challenges faced by DeFi applications. As a cross-chain staking protocol focused on liquidity release, Bifrost is committed to providing users with a more flexible way to utilize staking assets. Meanwhile, Hydration has built a full-chain DeFi infrastructure covering modules such as exchanges, lending, and stablecoins based on the Polkadot SDK, and has integrated it into a scalable Appchain architecture. Recently, these two projects jointly launched the innovative DeFi product Gigadot, which provides DOT users with a more efficient way to utilize funds through one-click operation and multiple income mechanisms, while also initiating a new exploration of Polkadot cross-chain DeFi. After the product went live,

New exploration of the Polkadot ecosystem: How Gigadot enhances Decentralized Finance efficiency? In the Polkadot ecosystem, cross-chain liquidity and asset efficiency have always been core challenges faced by DeFi applications. As a cross-chain staking protocol focused on liquidity release, Bifrost is dedicated to providing users with more flexible ways to utilize staking assets. Hydration, on the other hand, has built a comprehensive chain-wide DeFi infrastructure covering modules such as exchange, lending, and stablecoins based on the Polkadot SDK, integrating it into a scalable Appchain architecture. Recently, these two projects have joined forces to launch the innovative DeFi product Gigadot. With one-click operation and multiple yield mechanisms, Gigadot provides DOT users with a more efficient way to utilize funds, while also starting a new exploration of Polkadot cross-chain DeFi. The product is now live.

Gigadot is a cross-chain DeFi product launched in collaboration between Bifrost and Hydration, which enhances the capital utilization of DOT within the Polkadot ecosystem by simplifying operations and implementing multiple revenue mechanisms. Users can obtain dual benefits of staking and lending through streamlined processes, promoting cross-chain liquidity. In the future, the experience will be further optimized and product functionalities expanded to accelerate the development of multi-chain DeFi.

Aleo is an innovative privacy-preserving Blockchain project that utilizes zk-SNARKs technology, aiming to achieve scalability and user privacy. Its core components include the Leo programming language and snarkVM, which can efficiently execute off-chain computations. The AleoBFT Consensus Mechanism ensures fast block confirmations and network Decentralization. Recent progress includes the launch of incentive programs and updates to the Testnet, with significant optimizations made to the Synthesis Puzzle Algorithm.