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Home » OKX Expands Ecosystem with Unitus, Micro3, DackieSwap, SubQuery, and Nerve Network Integration on Layer 2 Testnet

OKX Expands Ecosystem with Unitus, Micro3, DackieSwap, SubQuery, and Nerve Network Integration on Layer 2 Testnet

Kelly Cromley by Kelly Cromley
Feb 4, 2024
in Market News, News
Reading Time: 2 mins read
0

OKX, a leading cryptocurrency exchange, has officially announced the successful integration of Unitus, Micro3, DackieSwap, SubQuery, and Nerve Network with its Layer 2 testnet. This strategic move underscores the adaptability of OKX’s scalable Layer 2 network, designed to facilitate the deployment of a wide range of decentralized applications (DApps). The Layer 2 network boasts high performance, security, and leverages the robust capabilities of the Polygon Chain Development Kit (CDK).

 

Supporting Next-Generation Finance with Unitus:

Unitus, a next-generation multi-chain money market, has seamlessly integrated with OKX’s Layer 2. The platform serves as a bridge, connecting global liquidity across various digital assets, including cryptocurrencies, stablecoins, and real-world assets.

 

Empowering Community Creativity with Micro3:

Micro3, a cross-chain NFT marketplace, is now an integral part of OKX’s Layer 2 ecosystem. This platform focuses on fostering boundless community creativity, providing users with an expansive space to engage in the world of non-fungible tokens (NFTs) across different blockchains.

 

Enhancing User Experience with DackieSwap:

DackieSwap, a premier user-friendly multi-chain decentralized exchange (DEX), is now accessible through OKX’s Layer 2. Users can enjoy a seamless and efficient experience for asset swaps, further enriching the decentralized finance (DeFi) landscape.

 

Building Web3 Infrastructure with SubQuery:

SubQuery, known for its data indexing solution, is now integrated into OKX’s Layer 2, enabling decentralized application (dApp) developers to build Web3 infrastructure more efficiently. This integration adds a crucial layer to OKX’s expanding ecosystem.

 

Unlocking Decentralized Financial Services with Nerve Network:

Nerve Network, a provider of decentralized digital asset financial services, has successfully integrated with OKX’s Layer 2. This integration allows users to access a decentralized financial service network, expanding the range of financial opportunities within the Layer 2 ecosystem.

 

OKX’s Commitment to a Thriving Ecosystem:

By welcoming these innovative DeFi, NFT, and infrastructure projects into its Layer 2 network, OKX continues to enhance the functionality and appeal of its ecosystem. Users now have the opportunity to engage in multi-chain yield opportunities through Unitus, support creator communities via Micro3, and benefit from the convenient asset swaps facilitated by DackieSwap. All of this is achieved while leveraging the superior scalability, security, and low gas fees provided by OKX’s Layer 2 network.

 

Layer 2 Success and Collaboration:

Since its launch in November 2023, OKX’s Layer 2 testnet has attracted over 170 projects, including Quickswap, Galxe, and D8X. This influx of projects signifies the growing innovation and collaboration within the Web3 community, cementing OKX’s Layer 2 as a new native network. The ultimate goal is to provide users and developers with access to the world’s largest blockchain ecosystems.

 

Security and Scalability with ZK Proofs:

OKX’s Layer 2 distinguishes itself by incorporating zero-knowledge (ZK) proofs, ensuring both high security and scalability while minimizing transaction costs. The network seamlessly integrates with Ethereum, facilitating the secure deployment of Ethereum Virtual Machine (EVM)-based DApps. Furthermore, it provides compatibility with a diverse array of smart contracts, wallets, and tools, offering users and developers a comprehensive and interoperable experience.

 

In conclusion, OKX’s recent integration milestones underscore its commitment to creating a robust and diverse Layer 2 ecosystem. The inclusion of Unitus, Micro3, DackieSwap, SubQuery, and Nerve Network not only expands the platform’s offerings but also highlights the potential for collaboration and innovation within the evolving landscape of decentralized applications.

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