Decentralized exchange (DEX) aggregators source liquidity from different DEXs, and thus offer users better token swap rates than they could get on any single DEX.

A DEX aggregator’s key value proposition is the ability to offer optimal effective order execution in the shortest possible time, while presumably also optimizing gas consumption.

DEX aggregators have built the stack to optimize slippage across multiple bonding curves, swap fees and token prices, ultimately offering a better effective swap rate for users. Indeed, a swap split sourcing liquidity across several DEXs, if built right, gets a user a better price than a swap on any single exchange.

While optimal effective execution price is key, order routers also offer options to protect users from price impact, reduce the probability of failed transactions and offer various front-running revention mechanisms.

However, despite their clear benefits, the number of high-quality DEX aggregators are few and far between. That being said, deFIRE is currently doing what few of its rivals in the space are creating a low latency decentralized order router and offering its facilities to the growing network of Cardano ecosystemoriented institutional order flow originators and retail traders.

Execution-wise, we will connect to the deepest pools of on-chain liquidity out there and also, build one of our own.

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deFIRE

<img src="/site/uploads/2022/Feb/04/defire.png" alt=""><br><p>We are thrilled to announce that from today onward — MeowSwap, the new cutting-edge Cardano DEX, is a part of the deFIRE Ecosystem. This partnership is extremely valuable to us as we have set it as our main goal to partner with all the key players in the field of Cardano DEX’s.</p><p class="n p"></p><p class="ab ac ae af ag cq ai aj"></p><p id="e0fa" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">By partnering with MeowSwap, and other key players — our users will be able to seamlessly tap into an enormous liquidity source and always get the best exchange rates for their trades!</p><p id="766c" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">This is truly exciting for our team and we are sure it is exciting for all Cardanians. The time of DeFi in full power on Cardano — is right around the corner.</p><p id="3dd4" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">These types of partnerships will prove to be invaluable to us, our users, as well as to our partners, which is why our supporters can expect more of these in the near future!</p><p id="d87f" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">If our supporters and interested individuals wonder who is behind MeowSwap let us introduce them!</p><p id="9f9d" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph=""><span class="gw ih">The MeowSwap team</span></p><p id="c4d4" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">The majority of MeowSwap’s team are MetaHash expats that realized the potential behind Cardano, its community, and its eUTXO model. That is why four months ago the team started building the Layer2 solution that is now ready to use!</p><p id="a876" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">The leader &amp; founder of the MeowSwap team is Gleb Nikitin who has over 20 years of experience in building software, as well as more than 5 years of experience in leading the development of cutting-edge crypto technologies.</p><p id="0f4a" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">Gleb’s inspiration for MeowSwap’s high-throughput engine comes from his experience in building Real Time Bidding(RTB) systems as well as from building MetaHash that has over 50k transaction throughput capability and 3 seconds finality!</p><p id="33e5" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">Gleb’s team consists of 9 team members and 3 advisors, whilst all of them are crypto veterans! Some of the team members’ names that might be familiar to crypto aficionados are the MeowSwap team’s Lead Developer Kirill Zatsepin, Issam Samara, and Eduard Gurinovich as the team’s advisor.</p><p id="abb2" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph=""><span class="gw ih">Future Cooperation</span></p><p id="6174" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">With all that being said, our supporters can be assured that MeowSwap will definitely be a key DEX player, and partner, in the coming Cardano DeFi revolution, and perhaps even&nbsp;<span class="gw ih">the</span>&nbsp;key DEX player.</p><p id="2a2c" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph="">Hence this partnership is without a doubt — a step in the right direction for our project, and our supporters can expect many more coming in the near future!</p><p></p><p></p><span class="il dy fo im in io"></span><span class="il dy fo im in io"></span><span class="il dy fo im in"></span><p class="n p"></p><p class="ab ac ae af ag cq ai aj"></p><p id="97ca" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph=""><span class="gw ih">Official Social Media</span></p><p id="8956" class="gu gv ct gw b gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr cl dq" data-selectable-paragraph=""><a class="en ip" href="http://defire.fi/" rel="noopener ugc nofollow" target="_blank">Website</a></p><p></p><p></p>

Cardano Feed

MeowSwap is joining the deFIRE Ecosystem!

<div>
                            
<p>Cardano (ADA), Ethereum&rsquo;s dominant competitor, jumped 25% in a two-day surge becoming the third-biggest cryptocurrency. It surpassed Binance Coin in terms of market cap, having crossed $80 billion, more than BNB&rsquo;s $76 billion.</p>



<div><figure><img alt="" width="595" height="409" data-srcset="https://i1.wp.com/totalkrypto.com/wp-content/uploads/2021/08/coindesk-ADA-chart-2021-08-21.png?w=950&amp;ssl=1 950w, https://i1.wp.com/totalkrypto.com/wp-content/uploads/2021/08/coindesk-ADA-chart-2021-08-21.png?resize=300%2C206&amp;ssl=1 300w, https://i1.wp.com/totalkrypto.com/wp-content/uploads/2021/08/coindesk-ADA-chart-2021-08-21.png?resize=768%2C528&amp;ssl=1 768w" data-recalc-dims="1" data-src="https://i1.wp.com/totalkrypto.com/wp-content/uploads/2021/08/coindesk-ADA-chart-2021-08-21.png?resize=595%2C409&amp;ssl=1" data-sizes=" 595px) 100vw, 595px" src="image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" data-pagespeed-url-hash="31059146">Cardano 24-hour price chart. Source: Coindesk</figure></div>



<p><a href="https://www.coindesk.com/price/cardano" target="_blank" rel="noreferrer noopener nofollow">Cardano</a> jumped as high as $2.58 yesterday after which a major sell-off dropped its price to below $2.50. However, the coin recovered soon enough and as of writing, it is trading at $2.50 per coin.</p>



<p>Cardano has had a terrific growth record with explosive gains this year especially. It grew more than 1367% in this year alone!! Moreover, the coin is riding along on a lot of expectations from the community due to its potential of massive use-cases similar to the dominant Ethereum.</p>



<p>However, Cardano currently doesn&rsquo;t support full-functionality smart contracts which largely limits its potential. This is going to change soon as ADA developers are testing the &ldquo;Alonzo&rdquo; test net. This will enable full-fledged smart contracts on the blockchain. With this, Cardano can become a dominant force and fiercely compete with Ethereum.</p>



<p>Earlier, the &ldquo;Alonzo&rdquo; test net was arriving at Cardano&rsquo;s mainnet in September. Now, the test net will come in October, delaying it for a month. Some are skeptical regarding Cardano&rsquo;s test net plans. However, the crypto community has very high expectations from Cardano so it&rsquo;s better than the developers provide seamless incorporation of smart contracts in ADA rather than a buggy one.</p>



<p>Many believe that the massive surge of Cardano in the last two days is due to the optimism that a supposedly better-performing blockchain infrastructure is coming up soon. There is also the possibility of supporting the next generation of smart contracts.</p>



<p>Related Stories:</p>



<ul><li><a href="https://totalkrypto.com/cardano-getting-close-to-smart-contracts" target="_blank" rel="noreferrer noopener">Cardano getting closer to  smart contracts</a></li><li><a href="https://totalkrypto.com/cardanoada-futures-near-a-billion-dollars" target="_blank" rel="noreferrer noopener">Cardano(ADA) Futures near a billion dollars</a></li><li><a href="https://totalkrypto.com/defire-protocol-built-on-cardano-for-cardano-thing-you-should-know" target="_blank" rel="noreferrer noopener">DeFIRE Protocol, Built on Cardano for Cardano: Thing you should know!</a></li></ul></div>


Totalkrypto

Cardano surges ahead of BNB, is now the 3rd-largest crypto

<div id="content"><div><div><div id="primary"><div><div><div id="mvp-content-main"><p>Cardano, which is referred to by many as a third-generation blockchain, is soon expected to announce the date for when its Alonzo Purple mainnet upgrade will go live on the network. The upgrade, which has been hotly anticipated by many, is poised to finally bring smart contract integration to the network, positioning it in the same league as smart contract premier Ethereum.</p><p>Alonzo Purple&rsquo;s testnet had gone live earlier this week, leading to much community fervor. From then till now, ahead of the mainnet announcement, Cardano&rsquo;s native token ADA has almost doubled in value. Gaining 14.6% in just the past day, the coin had climbed up to the third-highest position by market cap and was valued at $2.03 at the time of writing.</p><p>Even as the Hard Fork Combinator [HFC] event is not expected to take place before late August or September, the price rally associated with its anticipation reflected bullish for the network.</p><p>Github data from the recent past has shown that the most amount of development activity was happening on Cardano, followed by other chains like Polygon and Solana. In a recent Twitter <a rel="nofollow noopener" target="_blank" href="https://twitter.com/TheCryptoLark/status/1426021044410732544" data-wpel-link="external">thread</a>, crypto analyst Lark Davis highlighted several other reasons behind why &ldquo;the age of Cardano is well and truly upon us.&rdquo;</p><p>Firstly, the network has been repeatedly criticized because of its low transaction volumes. The network had only 83,122 active addresses in the past day, which was unimpressive as compared to &ldquo;Bitcoin 240k, Polygon 4.6 million, Ethereum 1.2 million.&rdquo; However, Davis explained how this problem might be solved for the network soon,</p><p>&ldquo;Polygon was also doing a similar amount of transactions a day in January&hellip; Cardano&rsquo;s growth of transactions could follow a similar trajectory when native apps go live and if apps like Sushi actually tap into Cardano as they have other chains&rdquo;</p><p>Apart from the release of native DeFi apps once smart contracts are integrated, Cardano&rsquo;s staking pools were also a sign of its projected growth. According to the analyst, 650,000 addresses were staking 72% of ADA&rsquo;s supply, which he believes is &ldquo;A LOT of users to bootstrap the network with!&rdquo;</p><p>Crypto twitter had also attacked the network previously for choosing Haskell as the basis for its smart contract computing language, Plutus. Many had claimed that nobody would choose to build dApps on the network owing to Haskell&rsquo;s complexity. However, Occam, Cardstarter, Sundae, Liqwid, Ergo, Nami, Defire are only some of the applications being already built on Cardano, mentioned the analyst.</p><p>Lastly, the Network has greatly benefitted from the NFT market since it enabled the creation of simple tokens earlier this year. However, it will be able to fully expand its niche base once smart contracts make way for decentralized markets. With so much on the cards for the promising network once Alonzo up-gradation allows for the creation of smart contracts, the analyst concluded with a fairly bullish future for both Cardano and ADA. He said,</p><p>&ldquo;Does that mean that ADA will pull a 50X like Matic did? No. A mere 6X would give it the same market cap as Ethereum. BUT if Cardano gets it right then we could still see it rally a couple hundred percent after smart contracts launch % users start using!&rdquo;</p></div><p>Source: https://ambcrypto.com/if-cardano-gets-it-right-then-we-could-still-see-it-rally-a-couple-of-hundred-percent-after/</p><div><div id="erdyt-6117401b2d796" data-id="6117401b2d796"><div><p><img src="https://i.ytimg.com/vi/BrbIGu5cyfI/hqdefault.jpg" alt="YouTube video"></p></div></div></div></div></div><h2>Post navigation</h2></div></div></div></div>


BitcoinEthereumNews

‘If Cardano gets it right then we could still see it rally a couple of hundred percent after…’

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<p><a href="https://www.newsbtc.com/news/cardano/cardano-kraken-launches-staking/" data-wpel-link="internal">Cardano (ADA) has had an impressive run since 2020.</a> Its native token has soared beyond two major price marks at $1 and $2. Due to Bitcoin&rsquo;s price recent retracement, investors could have another shot at buying ADA before a major milestone is deployed.</p>
<p><a href="https://www.newsbtc.com/news/company/cardano-based-defi-infrastructure-builder-defire-raises-5-million-in-pre-ido-funding/" data-wpel-link="internal">ADA trades at $1,48</a> with small losses in the daily chart and a 22% correction during the past week. In the monthly chart, Cardano&rsquo;s native token still records a 22.1% profit.</p>
<figure id="attachment_464301" aria-describedby="caption-attachment-464301"><img data-lazyloaded="1" src="image/gif;base64,R0lGODdhAQABAPAAAMPDwwAAACwAAAAAAQABAAACAkQBADs=" loading="lazy" data-src="https://www.newsbtc.com/wp-content/uploads/2021/05/Cardano-ADA-ADAUSDT-1-860x424.png" alt="Cardano ADA ADAUSDT" width="860" height="424" data-srcset="https://www.newsbtc.com/wp-content/uploads/2021/05/Cardano-ADA-ADAUSDT-1-860x424.png 860w, https://www.newsbtc.com/wp-content/uploads/2021/05/Cardano-ADA-ADAUSDT-1-460x227.png 460w, https://www.newsbtc.com/wp-content/uploads/2021/05/Cardano-ADA-ADAUSDT-1-768x379.png 768w, https://www.newsbtc.com/wp-content/uploads/2021/05/Cardano-ADA-ADAUSDT-1-1536x757.png 1536w, https://www.newsbtc.com/wp-content/uploads/2021/05/Cardano-ADA-ADAUSDT-1-750x370.png 750w, https://www.newsbtc.com/wp-content/uploads/2021/05/Cardano-ADA-ADAUSDT-1-1140x562.png 1140w, https://www.newsbtc.com/wp-content/uploads/2021/05/Cardano-ADA-ADAUSDT-1.png 1805w" data-sizes=" 860px) 100vw, 860px">ADA on a downtrend in the daily chart. Source: <a href="https://www.tradingview.com/symbols/ADAUSDT/" target="_blank" rel="noopener follow" data-wpel-link="exclude">ADAUSDT Tradingview</a></figure><p>As part of its Goguen era, Cardano has deployed several updates with 2 <a href="https://www.newsbtc.com/news/cardano/how-cardano-will-integrate-5-million-users-into-its-platform-with-ethiopian-deal/" data-wpel-link="internal">Hard Fork Combinator events, &ldquo;Mary&rdquo; and &ldquo;Allegra&rdquo;</a>. Now, Input-Output Global (IOG) has been conducting a stress test for the components of HFC &ldquo;Alonzo&rdquo; and the smart contract platform to be implemented with this event, Plutus.</p>
<p>According to IOG&rsquo;s latest <a href="https://roadmap.cardano.org/en/status-updates/update/2021-05-21/" target="_blank" rel="noopener nofollow noreferrer" data-wpel-link="external">update</a>, the Plutus team has been working on improving specific elements of the platform to allow &ldquo;constant space contract instances&rdquo;. Thus, Plutus&rsquo; smart contract will have reduced &ldquo;redundant events&rdquo; captured and stored on the platform.</p>
<p>The Marlowe team, a programming language that will simplify the process of using smart contracts on Cardano, has been focused on the integration with Plutus application backend (PAB). Simultaneously, they have worked on the website design and developer&rsquo;s documentation.</p>
<h2><strong>Cardano&rsquo;s Alonzo On Track For Deployment</strong></h2>
<p>One of the main reasons Cardano could have experienced such a rally is due to the expectations of Plutus and its smart contract capabilities. DeFi had a boom during 2020&rsquo;s summer and more competitors, such as Binance Smart Chain and Polkadot, have emerged and received a positive response from users.</p>
<p>Cardano could be a more decentralized, secure, and cost-efficient transaction. Cardano&rsquo;s inventor and IOG&rsquo;s CEO <a href="https://www.newsbtc.com/news/charles-hoskinson-talks-capital-gains-tax-saying-its-depressing-sht/" data-wpel-link="internal">Charles Hoskinson</a> recently gave an interview for the crypto news website Cryptobriefing. Hoskinson confirmed that IOG will launch a Pioneer Testnet &ldquo;soon&rdquo;.</p>
<p>This phase will extend for two months. Plutus will undergo a &ldquo;feature freeze&rdquo; at the end of June and will be a final step before its implementation. According to IOG&rsquo;s CEO, developers are already working on the dApps:</p>
<p>It will be about four to six weeks to actually do the hard fork and turn on smart contracts for the mainnet. We have also started the Plutus Pioneer Program where we are training over 1,000 developers who expressed interest in writing decentralized applications (dApps) on Cardano.</p>
<p>Hoskinson added that Cardano&rsquo;s new ecosystem will have dApps with various use cases such as NFT marketplaces, decentralized exchanges, lending and borrow platforms, oracles, stablecoins, and others. The platform will facilitate tools to migrate projects from <a href="https://www.newsbtc.com/news/ethereum/crypto-crash-cost-ethereum-co-founder-his-billionaire-status-said-bubble-could-have-ended/" data-wpel-link="internal">Ethereum</a> to Cardano (ADA). On this subject, Hoskinson said:</p>
<p>We are finalizing arrangements with two dozen different dApps or platforms to come on over. That will happen over the next 180 days. It is a little hard to begin that conversation (&hellip;). Usually, the conversation is not explicit migration from Ethereum to Cardano. Instead, what we have seen industry-wide is that projects want to become multi-chain.</p>
<p>With Bitcoin&rsquo;s dominance on a downtrend, after dropping below 40%, and altcoins with negative performance, investors could take advantage of the moment to &ldquo;buy the dip&rdquo;. The crash has come before the full implementation of Plutus with &ldquo;Alonzo&rdquo; drives new users into the platform.</p>

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