Alephium, a Swiss-based Proof-of-Work blockchain, is set to introduce a protocol-owned decentralized exchange (DEX) and native staking service. This initiative aims to tackle DeFi challenges such as security risks and liquidity fragmentation. The core decentralized application (dApp) will function as a concentrated liquidity market maker, redistributing 100% of swap fees towards $ALPH buybacks, burns, and staker rewards, fostering a deflationary ecosystem.
Alephium's platform utilizes BlockFlow sharding and stateful UTXO innovations, providing a secure and high-performance infrastructure suitable for institutional-grade DeFi applications. This development comes amid a surge in decentralized exchange activity, positioning Alephium to capitalize on the growing demand for robust DeFi solutions.
Alephium to Launch Protocol-Owned DEX and Staking Service
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