20th Sep 2021, 4:06pm - By Admin

Algorand USDC: an Exciting Addition to Liquid Multi-Chain

With the advancement of blockchain technology, it is becoming increasingly important for various blockchains to interact in a seamless manner. Liquid’s Multi-Chain support for single assets allows our users to enjoy lower withdrawal fees and faster withdrawals for tokens across different chains while entirely abstracting away the technological challenges of dealing with multiple wallets and private keys. In making Algorand USDC (USDCa) available to our users, Multi-Chain on Liquid grows stronger, solving issues arising from recent spikes in blockchain fees and improving service levels for our clients. To celebrate the launch, we are waiving withdrawal fees on Algorand USDC (USDCa) on Liquid! USDC on Algorand Algorand is the world’s first, decentralized, Pure Proof-of-Stake blockchain. Built to support global scale and speed, with a micro-fee structure and guaranteed transaction finality in 4 seconds, the Algorand blockchain is the frictionless platform for the future of tokenization, DeFi, and the world’s payment systems. Algorand’s powerful ASA asset standard enables the fast and easy creation of tokens or assets on the Algorand blockchain. These tokens can then be utilised by the powerful and highly flexible smart contract functionality built into the Algorand Layer-1 feature set. Thanks to this powerful asset and smart contract functionality, the Algorand DeFi ecosystem is experiencing exponential growth with new projects launching daily. These projects are benefiting from the Algorand Foundation’s $300M Viridis DeFi fund to enable best-in-class infrastructure, applications and liquidity in the DeFi space. Just as importantly, these DeFi applications are built on Algorand’s sustainable, carbon-negative network - an innovation that enables wealth creation while protecting the planet. Since USDC on Algorand (USDCa) has been built using the ASA standard, it benefits from all the features of the Algorand blockchain - high speed, micro-fees ( $0.001c per t/x ), immediate t/x finality, and the ability to be used at a global scale. Most importantly, all these transactions will run on a network that is un-forkable and has had zero downtime in the two years and counting since mainnet launch. USDCa is available for deposit and withdrawal on the following exchanges: - Liquid - KuCoin - OKEX - MEXC .

For best ideas on earning through sportsbet