TL;DR Osmosis launches Polaris, a “token portal” that simplifies cross-chain trading through a single interface, addressing fragmentation in DeFi. Polaris will allow users to operate with tokens from various networks, such as Ethereum and Solana, without the need for multiple wallets or bridges.
The team behind the Cosmos-based decentralized exchange (DEX) Osmosis said it is preparing to launch a new project called Polaris that they've been developing in stealth.
Osmosis has introduced the Polaris portal, a solution to the fragmentation that crypto users face across decentralized finance. With crypto's increasing popularity, the number of different blockchains and their associated ecosystems has surged.
Polaris is described as a "token portal" aimed at solving one of decentralized finance's biggest challenges: fragmented user experience.
The Shiba Inu team has introduced a burn portal for the Shibarium lawyer-2 solution.
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Flare API Portal integrated Cosmos Hub into its range of expansive Public API offerings, providing improved access and functionality to developers through its interchain ecosystem.
With every new year popping up on our calendar, the cryptocurrency space is going through tons of changes. In this evolving world, Binance has established itself as a trusted and star player.
The crypto market is currently experiencing extreme greed, as indicated by the fear and greed index. Despite this sentiment, many altcoins have performed remarkably well over the past month.
According to the fear and greed index, the crypto market is in the extreme greed phase. Many altcoins have performed exceptionally well in the last month.