Blockchain companies are constantly striving to expand their reach and bring the benefits of cryptocurrencies to more parts of the world.
In recent years, there has been a growing focus on regions such as South America and Asia, where blockchain technology has the potential to transform the way people transact and access financial services.
One such company leading the charge is Conflux, a public blockchain network that has partnered with Uniswap and Curve to bring decentralized finance (DeFi) to to introduce the $CFX to more people.
This collaboration is expected to open up new possibilities for $CFX holders in China and other parts of Asia, marking a significant step forward for the ecosystem in the region.
Uniswap’s latest version, Uniswap V3, offers advanced features such as concentrated liquidity that allows liquidity providers to concentrate their funds within specific price ranges, resulting in better capital efficiency and lower fees for traders.
Curve, on the other hand, is a decentralized liquidity aggregator that offers low-slippage trading between stablecoins. Its protocol is designed to enhance liquidity by allowing users to trade assets at their market value without relying on order books.
The deployment of Uniswap v3 on Conflux eSpace has opened up a broader range of trading opportunities for the Uniswap community, including trading pairs based on both USD and the offshore Yuan.
By bringing the benefits of Uniswap V3 and Curve’s liquidity pools to the Conflux network, this collaboration will look to enhance the platform’s appeal to DeFi users in China and beyond.
With this new collab via Conflux Network, these companies will hope to break through the development of decentralized finance in that part of the world, and accelerate innovation in the DeFi space.
Golden Inu Reaches The South American Market
Meanwhile, one of the most exciting new projects of 2023’s first half is aiming to bring more access to Web3 in Latin America.
Golden Inu, a memecoin launched in February of this year on the BNB Chain, recently announced its plans to develop a new decentralized exchange that will grant easier access to cryptocurrencies for people all around the world.
The company is aiming at the Latin-American market in order to gather a larger community of users.
Generally, this region has a lot to gain from cryptocurrency adoption. Countries like Brazil and Mexico already rank among the top countries with the highest adoption in the World.
The reason for that is due to the fact that the local currencies in this region are a lot more unstable when compared to the U.S. or Europe.
In fact, it is not uncommon to see nations like Argentina and Peru completely abandoning the Peso to trade in the U.S. Dollars in commerce and shops in the major cities.
The first step for the creation of this new DEX is already live. The developers are currently promoting the pre-sale of $GOLDEN on the Ethereum blockchain.
At first glance, it might seem counterintuitive to have the same token on two different blockchains. But actually, the ERC20 launch enconpasses the most exciting aspect about the new exchange platform.
By going cross-chain, the DEX can grant the opportunity to swap tokens between both platforms. Also, the two versions of the $GOLDEN token n will be paired $1-to-$1.
This development continues to establish Golden Inu as one of new startups rapidly developing new features for its users.
In less than 5 months, the project already delivered two different apps that help new holders track the $GOLDEN price, as well as relevant news about the cryptocurrency market.
The efforts of blockchain companies to expand their reach and go cross-chain are key to accelerating cryptocurrency adoption worldwide and providing users with easier access to decentralized finance and other innovative blockchain-based services.
