Ottochain Launches Testnet Powered by Cosmos SDK and Octopus 2.0 11810

Ottochain, a revolutionary application-specific blockchain (Appchain) within the Octopus Network, is poised to reshape the landscape of Web3 and redefine how communities engage with groundbreaking technology. With its focus on interoperability, security, and community-driven governance, Ottochain empowers users, developers, investors, and communities to collaboratively build the future of Web3 together.

Introducing Ottochain

Decentralisation has been the driving force behind the blockchain revolution, empowering individuals and communities to take control of their digital assets and participate in a more inclusive financial system. As the blockchain ecosystem evolves, the need for seamless interoperability, security, and community-driven governance becomes even more critical.

Ottochain, the first consumer chain launched by Octopus Network, stands at the forefront of this evolution. Built on the Cosmos SDK framework and powered by Octopus 2.0 Interchain Security, Ottochain is set to transform the way applications are built, enhance community interactions, and provide unparalleled insights into application-specific blockchains.

Currently Ottochain Testnet is live and this is an opportunity to build and test the next generations of Appchains before full launch.

For more information about Ottochain Testnet visit: https://medium.com/@ottochainn/ottochain-testnet-daec6116e131

Key Features and Innovations

  1. Innovative Restaking Mechanism Beyond Ethereum: Ottochain’s innovative prowess lies in its pioneering use of the Restaking mechanism, going beyond the confines of traditional blockchain implementations. Inspired by the Restaking mechanism initially implemented by EigenLayer, Ottochain adopts this robust solution that has proven its strength by enabling EigenLayer to raise a staggering $50 million in Series A funding. With this mechanism, Ottochain ensures the security and integrity of chain consensus, mitigating concerns about potential attacks and initial token valuations.
  2. Octopus 2.0 Interchain Security: Ottochain adopts Octopus Network’s proprietary Interchain Security mechanism, ensuring the security and integrity of chain consensus. This innovative approach addresses concerns related to potential attacks and low token valuations, providing a robust foundation for users to transact and interact with confidence.
  3. EVM Compatibility: Ottochain’s compatibility with the Ethereum Virtual Machine (EVM) through the EVM module opens doors to developers looking to leverage existing Ethereum-based tools and applications. This compatibility empowers developers to build transformative applications while benefiting from enhanced security and scalability.
  4. Interoperability Amplified through IBC Protocol: Ottochain doesn’t stop at innovative security mechanisms; it sets new standards in interoperability. Leveraging the power of the Inter-Blockchain Communication (IBC) Protocol, designed by Cosmos, Ottochain achieves exceptional connectivity and collaboration within the blockchain ecosystem via the Adaptive IBC. Adapted to the NEAR Protocol through Octopus Network, Ottochain’s interoperability reaches unprecedented heights, enabling seamless communication and data exchange with a wider range of blockchain networks.
  5. Community-Driven Governance: At the heart of Ottochain lies a strong commitment to community engagement. Token holders and Octopus Nation members play a pivotal role in shaping the platform’s direction through voting on proposals and decisions. This inclusive governance model ensures that the platform evolves based on the collective wisdom and interests of its stakeholders.
  6. Vibrant Community Ecosystem: Supported by Octopus Nation, Ottochain’s community is a thriving hub for blockchain enthusiasts, developers, and experts. The active participation of the community fuels continuous evolution and innovation within the ecosystem, creating a dynamic and engaged network. Ottochain provides a network of programs that incentivizes users, fueling engagements through rewards. With this revolutionised model, developers, founders need to only worry about the technicalities of their project, while Ottochain handled the burden of community growth and engagement.
  7. Empowering Developers with Unmatched Incentives: Ottochain offers a robust incentive program that rewards developers for their contributions. A portion of the transaction fees generated by other users calling specific contracts is awarded to the contract owner. This incentive mechanism not only recognizes developer efforts but also ensures a thriving ecosystem of applications that cater to diverse needs.

A Gateway to Limitless Possibilities

“As the first appchain to leverage the Octopus 2.0 Restaking mechanism integrated into NEAR Protocol via Octopus Network, Ottochain opens doors to a new era of blockchain innovation,”

Our commitment to interoperability and community engagement sets us apart. Ottochain is where the power of innovation meets the inclusivity of community, a perfect blend that shapes the decentralised future. said Dr Damilola, Project Lead at Ottochain.

Unlocking Possibilities with Ottochain

Ottochain’s value propositions lie in its commitment to interoperability, security, community-driven governance, and a developer-friendly environment. By providing a secure and seamless experience for users, empowering developers to build transformative applications, and prioritising community engagement, Ottochain paves the way for a decentralised and inclusive future.

As the blockchain landscape evolves, Ottochain emerges as a pioneering force that empowers individuals and communities to collaborate, innovate, and shape the future of Web3. With its unique features and innovative approach, Ottochain offers a glimpse into a decentralised future where technology and humanity harmoniously intersect. Our aim is to provide systems where Web 3 communities can build, drive engagements and gain traction without worrying about cross-platform challenges or user adoption.

For more information about Ottochain and its revolutionary contributions to the blockchain ecosystem, please visit https://ottochain.io

What Ottochain Represents

Ottochain is a revolutionary Cosmos SDK-based appchain that introduces pioneering security mechanisms and unprecedented interoperability. Powered by Octopus Network, Ottochain’s Restaking mechanism and IBC Protocol integration redefine the way blockchain technology is perceived. It empowers developers, users, and communities to collaboratively build a decentralised future that’s truly inclusive and transformative.

Ottochain is releasing 50% of its token supply as airdrop to communities, partners, ecosystems and individuals.

In its quest to support community based initiatives, Ottochain is releasing 5% of its total supply to reward top 10 functioning DApps on both testnet and mainnet, that isn’t all, Ottochain has allocated 1% of its total supply as airdrop to all DApps that would be live on its testnet and mainnet before the official community votes.

More information about visit https://medium.com/@ottochainn/ottochain-builders-campaign-6ceaf9a10a38

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READYgg Launches RDYX Token on CoinList to Democratize Web3 Game Development 5417

Empowering players, creators and developers to drive community-driven innovation in gaming

READYgg, a leading platform in integrating Web3 technologies into gaming, has launched its utility token, RDYX, on CoinList. The token presale began on July 10, 2024, at 17:00 UTC and will conclude on July 17, 2024, at 17:00 UTC. This launch is a key component of READYgg’s comprehensive roadmap to seamlessly transition Web2 players, creators, and developers into the Web3 gaming ecosystem.

In conjunction with the RDYX token launch, READYgg has also launched the $RDYX Cup. Top-ranking players in this esports tournament will not only secure whitelisting spots for the RDYX token presale but also receive an early adoption bonus item for future gameplay within the ecosystem.

Token Sale Details:

  • Sale Period: July 10, 2024, 17:00 UTC to July 17, 2024, 17:00 UTC
  • Token Price: $0.16
  • Vesting Schedule: 20% unlocks at TGE, with a 6-month linear release thereafter
  • Minimum Purchase: $100.00
  • Maximum Purchase: $5,000.00
  • Accepted Currencies: USDC, USDT (ERC-20)

“The RDYX token is the backbone of our tech stack, simplifying game development by enabling developers to launch and mint data collections on-chain, and promoting a chain-agnostic approach. This token also empowers our community, allowing our players to actively participate and invest in our ecosystem through our delegation protocol. By offering RDYX to the public, especially retail investors, we’re inviting everyone to participate in and benefit from the community-driven growth of Web3 gaming. This is part of our commitment to democratize access to blockchain technology and foster a more inclusive ecosystem for all stakeholders.” – Christina Macedo, CEO & Co-Founder, READYgg, on her vision for the RDYX token and its integral role in the ecosystem.

READYgg’s all-in-one Web3 game development Layer 3 currently supports over 300 million monthly active players across 40+ studios, tapping into more than 2,000 games integrating the READYgg tech stack. Featuring a compliant token economy with the RDYX, a secure wallet, and cross-game NFT assets, READYgg ensures security, transparency, and traceability, enabling developers and creators to mint and build on any blockchain. Simplified by user-friendly Software Development Kits (SDKs) such as Unity, Unreal Engine, and Godot, these tools, along with dashboards and effective marketing strategies, are designed to maximize game visibility and community engagement.

Key highlights of the READYgg platform include:

  • GuestWallet: Allows users to interact with blockchain assets without the need to manage private keys, providing security and ease of use.
  • BridgeID: Facilitates seamless transactions and asset transfers between multiple blockchains, enhancing interoperability and user experience.
  • GameSync: Allows NFTs to be seamlessly integrated into games, enabling unique gameplay experiences and new revenue streams for developers.

CoinList, known for its stringent adherence to regulatory standards, will facilitate the RDYX token presale. Due to regulatory restrictions, residents from the U.S., Canada, China, and other specific jurisdictions are excluded from participation.

About READYgg

READYgg is at the forefront of integrating Web3 technologies into gaming, aiming to make Web3 games universally accessible. The platform supports creators and developers at all levels, enabling games on every platform for every player, powered by the innovative $RDYX token. Committed to fostering an inclusive, creative, and economically vibrant gaming community, READYgg leverages blockchain to enhance gameplay and player engagement through “ownership gaming.”

Chainlink Data Feeds Are Now Live on Starknet, Accelerating DeFi Development and Ecosystem Adoption Through the Chainlink SCALE program 5624

Chainlink, the industry-standard decentralized computing platform, and Starknet, the secure scaling technology bringing Ethereum’s benefits to the world, announced today that Chainlink Data Feeds, the industry-leading data solution for DeFi, are now live on Starknet mainnet.

Starknet is an ecosystem that helps developers to overcome Ethereum’s scalability limitations while ensuring computational integrity. The addition of Data Feeds offers support for developers who are building highly scalable and secure DeFi applications on Starknet. The integration will help accelerate the growth of the Starknet ecosystem and scale DeFi on Ethereum—without compromising composability or security.

“We’re pleased to support the Starknet ecosystem with the native integration of Chainlink Data Feeds, enabling developers to build highly secure and scalable DeFi applications,” said Johann Eid, Chief Business Officer at Chainlink Labs. “With hyper-reliable, accurate, and decentralized market data natively accessible onchain, developers can create next-gen applications on Starknet.”

Starknet previously joined Chainlink SCALE to gain enhanced access to Chainlink services and accelerate ecosystem growth and app development on its ecosystem. As part of the Chainlink SCALE program, the Starknet Foundation covers certain operating costs for Chainlink oracle nodes, equipping Starknet developers with access to low-cost Chainlink Data Feeds. This strategic partnership established an attractive landscape for Starknet developers by providing a data-rich, low-cost environment to build highly performant, increasingly complex, and secure smart contract applications.

Starknet is a permissionless Validity-Rollup on Ethereum that enables dApps to securely achieve massive computation scale. However, as is the case for all blockchain environments, smart contracts cannot natively access external data. Chainlink solves this problem by bringing highly accurate market data onchain in a highly secure manner.

“We’re excited to integrate the industry standard Chainlink Data Feeds on Starknet,” Diego Oliva, CEO at the Starknet Foundation. “Providing Starknet developers with highly secure, reliable, and accurate data will unlock a host of advanced DeFi use cases and drive the adoption of the Starknet ecosystem.”

As the most widely adopted price data standard in Web3, Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans. Chainlink Data Feeds have enabled over $12 trillion in transaction value since the beginning of 2022 and have delivered over 12 billion data points securely onchain. The combined benefits of Starknet and Chainlink enable hyper-scalable, highly secure, and reliable DeFi applications that will help realize mass DeFi adoption and scale Ethereum.

About Starknet Foundation

The Starknet Foundation is a non-profit that is the steward of the Starknet Ecosystem, a fast and scalable L2 based on secure, future-proof ZK-STARK technology. Driven by the mission of creating a digital world built with integrity, trust and transparency at its core, The Foundation oversees the ongoing development, growth, and adoption of the ecosystem through a broad range of programs and partnerships aimed at creating a highly engaged community of developers, founders, and users. To find out more visit starknet.io

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $12 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

Usual Labs Announces Public Pre-Launch Phase After Securing $75M in TVL for USD0 During Private Phase 5938

The pioneering company behind Usual, Usual Labs, an innovative protocol bridging traditional and decentralized finance (DeFi) through its first USD0 stablecoin, is thrilled to announce the commencement of its public pre-launch phase. This milestone follows a fruitful private launch, during which Usual Labs secured an impressive $75 million in Total Value Locked (TVL) commitments from over 180 prominent DeFi leaders and investors within a month.

USUAL stands as a secure, transparent, and decentralized Tether, redistributing ownership and value through the USUAL token. As a Real World Assets (RWA) infrastructure, it aggregates RWA and bridges it with DeFi liquidity, ensuring RWA composability and integration within DeFi. USUAL’s design guarantees safety, transparency, and verifiability, offering infinite scalability. Serving as an alternative to fiat-backed systems, USUAL redistributes value and ownership to the community, which owns the infrastructure, including Tether/Circle.

The USD0 stablecoin is set to challenge industry giants and establish itself as the leading DeFi-native stablecoin, offering users a secure, community-owned alternative to traditional financial systems.

The successful private launch and the substantial TVL commitments from leaders in the web3 space, including Sam Kazemanian from Frax Finance, James Ross from Mode, Michael Egorov from Curve, and many others, demonstrate the industry’s growing confidence in Usual’s potential to revolutionize the financial landscape and challenge its key pain points. This phase was crucial in validating Usual’s vision and establishing its position as a leader in the next generation of financial solutions.

Usual Labs is thrilled to advance towards its public launch in Q4 2024, inviting the broader community to join and participate in reshaping the future of finance.

This public pre-launch phase will last for four months, giving participants the opportunity to be part of the airdrop scheduled for Q4 2024.

Pierre Person, CEO and Co-Founder of Usual Labs expressed his enthusiasm, stating, “The surge in Real World Assets (RWA), particularly on-chain US Treasuries, has revealed the market’s appetite. Usual provides an infrastructure that aggregates RWA liquidity while enhancing its integration with DeFi. Our vision is to completely rebuild Tether on-chain. We are driven by a commitment to decentralization and aim to redistribute the generated value to the end user, ensuring fiat-backed stablecoins are truly crypto-minded. We are grateful for the overwhelming support from our investors and early adopters during the private launch, and we look forward to welcoming more users to experience the benefits of our protocol firsthand.”

As Usual Labs moves forward with its public pre-launch, the company remains focused on fostering a transparent dialogue with its community and empowering users to actively shape the future of finance. The team is committed to continuously refining the protocol based on user feedback and ensuring a seamless experience for all participants.

Adli Takkal Bataille, Design Executive Officer and Co-Founder added, “We are excited to open our doors to the public and witness the transformative power of the Usual protocol. Our goal is to create a more equitable, transparent, and community-driven financial ecosystem, and this stage brings us one step closer to achieving that vision. Users that begin utilizing the Usual protocol now will get rewarded in various ways during the pre-launch phase, so keep an eye out for updates from official communication channels.”

For more information about Usual Labs and to participate in the USD0 public pre-launch, users can visit https://usual.money/discover

About Usual Labs

Usual Labs is the company behind Usual, an innovative protocol that bridges the gap between traditional and decentralized finance through the USD0 stablecoin. Founded in 2022 by Pierre Person, Adli Takkal Bataille, and Hugo Sallé de Chou, Usual Labs is committed to creating a more equitable, transparent, and community-driven financial ecosystem. With strong backing from industry leaders and a significant TVL, Usual is poised to revolutionize the world of stablecoins.

Dora Announces Close of $5.5M Early Stage Funding Round co-led by Dragonfly and Lemniscap 6126

Dora, the unified search and action engine for the multichain world, is excited to announce the successful close of a $5.5 million early stage funding round. The round was co-led by Dragonfly Capital and Lemniscap, with participation from Robot Ventures, Ethereal Ventures, Maven11, and Arche Capital, alongside notable angel investors such as Co-Founder of Movement Labs Rushi Manche, and Co-Founder of Fluent, Dino Savonin. The funds will be utilized to enhance Dora’s innovative search, unified crosschain transaction capabilities, and expand their collaborations with blockchain networks across all virtual machines.

Dora is the only multichain search engine that allows for search capabilities and crosschain transactions in a unified interface. As applications increasingly leverage both online and onchain infrastructure, unlocking search capabilities is crucial for understandability and accessibility. Dora’s comprehensive block explorer and search solutions empower users and developers by providing easy access to onchain data, thereby driving the broader adoption of blockchain technology.

Dora currently supports over 20 chains including Ethereum, Arbitrum, Base, Celo, Scroll, Rari, Palm, and Xai.

The Dora platform provides a multichain Block Explorer to search blockchain data for EVM chains, APIs for accessing enriched token and NFT information, efficiently organized data structures for easy data retrieval powered by Goldsky and Simplehash, transaction functionalities such as swaps and mints, and embedded wallet. These offerings serve as a comprehensive solution for chains looking to encourage developer adoption and catalyze usage of their ecosystem.

The funding follows support for Dora by key industry partners including the largest ever Arbitrum subDAO grant, as well as grants from Gnosis, Scroll, and the Ocelot treasury for Celo.

“The golden age of web2 came hand in hand with that of its search engines. To spark the widespread adoption of onchain goods and services, we need a crypto search engine,” said Bunny, CEO and Co-Founder of Dora. “This funding round demonstrates our investors’ strong confidence in our vision: an unfragmented and unified multichain experience. By integrating interactivity at the Discoverability Layer, we aim to drive mass adoption of blockchain technology and facilitate the evolution towards a multichain, and soon multiVM world.”

Tom Schmidt, Partner at Dragonfly said: “Dora’s mission to make on-chain data accessible and interactive aligns perfectly with our vision for the future of blockchain technology. By providing comprehensive search and explorer tools, Dora is unlocking new potentials in the blockchain space. We are confident that their innovative approach will significantly contribute to the mass adoption of decentralized technologies.”

Tarun Chitra, Partner at Robot Ventures, said: “Dora is at the forefront of making blockchain data comprehensible and accessible to a wider audience. Their approach to integrating multiple chains into a seamless search experience is revolutionary. We believe their technology will play a pivotal role in the broader adoption of blockchain and decentralized applications. In a future where there are as many blockchains as there are GPUs, Dora will be the key to managing complexity for end users.”

Roderik van der Graaf, Founder of Lemniscap, said: “We’re delighted to co-lead this investment round for Dora, as part of our ongoing commitment to fostering groundbreaking technologies in the blockchain ecosystem. Dora’s unique approach to search and interactivity within the multichain world positions them as a key player in driving mass adoption, and we’re very excited to be part of their journey.”

About Dora

Dora is the Unified Search Engine for the Multichain World. We collaborate with a multitude of blockchain networks and rollup teams to provide comprehensive block explorer and search solutions. Our mission is to enhance the accessibility of onchain data through innovative search capabilities, driving understandability and mass adoption of blockchain technology.

About Lemniscap

Lemniscap is an investment firm specializing in investments in emerging crypto assets and blockchain startups. Since its founding in 2017, Lemniscap has funded multiple investments in the crypto blockchain space, on the core belief that blockchain technology will upend traditional business models, resulting in profound changes in the world economy. The Lemniscap team consists of talented people with backgrounds in financial markets, PE/VC, technology and entrepreneurship. For more information, visit https://lemniscap.com/.

For more information, please visit about.ondora.xyz

Rootstock Sees Unprecedented Growth in Recent Quarter 6302

Rootstock, the first and longest-lasting Bitcoin sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. This momentum has propelled Rootstock into the next step of its growth journey and the team is working toward further growth and improvements over the next 12 months.

According to block explorer data, there have been over 13 million transactions, to date, on the Rootstock network. This is the result of record-breaking 45k transactions a month for the sidechain. The data can provide insight on why Rootstock can be an excellent place to start building on Bitcoin with over 60% of Bitcoin’s hash rate securing the network, and an uptime of 100% since its launch in January 2018.

On the integration front, just over the last three months alone, over 25 dApps and protocols have been integrated into the Rootstock ecosystem providing users with new ways to access, build, and grow on Rootstock. The complete list includes the following:

Artoshi; Bitget; Chainport; Dega; Etherspot; Galxe; Gelato; iZUMi; Kickspad; L bank Exchange; LiFi; Merkl; oooo; OpenOcean; Rubic; Sailing; Satoshi; SimpleFi; Steer; SuperLauncher; SushiSwap; Umbrella; UniFi; Uniswap

Looking forward, Rootstock core contributors and community members have proposed a 12-month roadmap for Rootstock, with improvements and new features contributed by developers across the entire Rootstock ecosystem, which will allow ecosystems built on top of it, such as the RIF ecosystem, to keep on developing new tools and protocols useful for Rootstock developers. This roadmap includes a range of Rootstock Improvement Proposals (RSKIPs) focused on increasing transaction speed, improving usability, and further decentralizing the network. Highlights include:

  • Reducing transaction confirmation times from 30 to just 5 seconds – significantly speeding up the network
  • Enabling non-custodial swaps between Lightning Network (LN-BTC) and Rootstock (RBTC) via Boltz
  • Evolving PowPeg into a SegWit-compatible 2-Way Peg, increasing the number of entities overseeing Bitcoin transaction signing to over 60 and reducing peg-out fees
  • A Bitcoin native assets bridge that allows Runes tokens to freely flow between the Bitcoin mainchain and Rootstock
  • Preparing the development of a truly trust-minimized Bitcoin/Rootstock bridge that will harness BitVMX and will not require changes to the Bitcoin consensus protocol

When looking back on the last three months of momentum, Henrik Jondell, Chief Technology Officer at RootstockLabs, a key contributor to the Rootstock blockchain, commented “The last three months have been an important time for the successful growth of Rootstock and we are thrilled to see how the next twelve months will pan out. Rootstock has become one of the most used Bitcoin layer 2 for crypto and the increase in features and accessibility over this quarter has only helped expand its reach.”

About Rootstock

Rootstock is the world’s most secure smart contract platform that is cryptographically connected to the Bitcoin blockchain. Known as a Bitcoin sidechain, Rootstock uses a censorship-resistant two-way peg to allow users to send Bitcoin directly to the Rootstock chain which is then converted into smart Bitcoins (RBTC) on the Rootstock blockchain. These RBTC can be used to deploy or to interact with smart contracts and dApps on the Rootstock blockchain. BTC can be easily moved back to the Bitcoin mainchain at any point using the trustless bridge or through a variety of protocols such as Sovryn FastBTC.

Cwallet Expands Crypto Loans Landscape | Marking a New Era of Success in Lending 6471

Since its inception in March, the Cwallet Crypto Loan service has quickly surpassed a thousand transactions, marking a significant milestone that highlights its growing impact and acceptance in the competitive crypto lending market. By allowing cryptocurrency holders to access loans by using their digital assets as collateral, Cwallet has introduced a practical and innovative financial tool that caters to the immediate liquidity needs of crypto investors. This service not only facilitates quick access to funds but also preserves the potential for asset appreciation, positioning it as an appealing option for those seeking flexible and secure financial solutions. The growing transaction volume is a testament to the service’s functionality and its ability to meet the diverse needs of cryptocurrency users. As the platform continues to evolve, it is increasingly recognized as a reliable and advantageous resource in the expanding realm of digital finance.

Cwallet Crypto Loans offers two distinct loan types to accommodate the diverse needs of cryptocurrency investors: a 7-day fixed rate option for short-term borrowing, and an unlimited terms fixed rate option for longer-term financial planning. This versatility ensures that both short-term and long-term borrowers can find a solution that suits their specific financial requirements. Users can secure loans against their cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), benefiting from competitive interest rates that are calculated on an hourly basis. This flexibility allows for personalized and immediate financial management, distinguishing Cwallet Crypto Loans from traditional financial services.

Features of Cwallet Crypto Loans:

  • Flexible Loan Terms: Borrowers can choose from fixed or unlimited loan terms, providing significant flexibility without the risk of overdue penalties.
  • Interest Rates: Cwallet offers some of the most competitive rates in the crypto lending market, tailored to meet the diverse needs of its users.
  • Rapid Processing: The platform is designed for quick loan approvals, often within minutes, facilitating immediate access to funds.
  • Security Measures: Security of collateral is a priority, with robust measures in place to protect borrowers’ assets throughout the loan term.

Moreover, the innovative structure of Cwallet Crypto Loans is designed to streamline the borrowing process, making it straightforward and accessible for all types of users. The service utilizes advanced technology to ensure that the application and approval processes are efficient, secure, and user-friendly. Borrowers can easily navigate through the system, from depositing collateral to receiving loans and making repayments.

Additional Benefits of Using Cwallet Crypto Loans:

  • No Hidden Fees: Cwallet prides itself on transparency, ensuring that borrowers are fully informed of all charges upfront with no hidden fees. This clear communication fosters trust and reliability, enhancing user experience.
  • Wide Range of Supported Cryptocurrencies: Besides Bitcoin and Ethereum, Cwallet also supports other major cryptocurrencies like Tether (USDT) and USD Coin (USDC), allowing users a broader spectrum of options for their collateral.
  • Automatic Collateral Adjustment: In a volatile market, Cwallet’s automated system adjusts the collateral requirements based on current market values. This feature helps prevent liquidation during sudden market downturns, providing an additional layer of security for borrowers.
  • Educational Resources: Understanding the importance of informed decision-making in financial matters, Cwallet offers a comprehensive suite of educational materials that guide users through the nuances of crypto loans and managing digital assets effectively.
  • Customer Support: Cwallet has a dedicated customer support team that is available 24/7 to assist users with any questions or issues. This commitment to service ensures that users feel supported every step of the way.

As Cwallet Crypto Loans continues to develop and refine its offerings, it remains at the forefront of the financial technology industry, driving innovation in crypto lending. The platform’s consistent growth and the high volume of transactions signify a strong market demand and user trust in its services. Cwallet’s commitment to providing flexible, secure, and user-friendly financial solutions is transforming the way individuals and businesses leverage cryptocurrency for their financial needs. This adaptability not only enhances user experience but also promotes broader adoption of cryptocurrencies as viable and practical financial assets.

About Cwallet

Cwallet is a leading crypto wallet offering secure, fast, and flexible solutions for all crypto needs. Supporting over 800 cryptocurrencies and more than 50 blockchain networks, Cwallet is the preferred choice for millions of users worldwide. Its platform combines custodial and non-custodial wallets, offering the best blend of security and convenience. Cwallet is dedicated to simplifying the cryptocurrency world and delivering an exceptional experience to users. Currently, Cwallet just introduced the Gift Cards section, revolutionizing shopping experiences. This groundbreaking feature lets users purchase gift cards from top global brands such as Apple, Amazon, Spotify, Roblox, Minecraft, Stream US, EA Games and more, all directly within the Cwallet.