Stella launches new proposal to transform into leverage infrastructure LitLayer

Odaily2024/06/21 18:30

By:Odaily

Odaily News The leveraged dApp Stella posted on the X platform that it has initiated a new proposal to transform into the leveraged infrastructure LitLayer. LitLayer is a full-chain leveraged infrastructure protocol with an intent-based architecture. As the number of L1/L2 increases, as well as the increase in liquidity dispersion between them, and as users become more interested in using on-chain leveraged trading platforms, LitLayer will become a full-chain infrastructure that can quickly and seamlessly create leveraged trading applications on any chain. For on-chain traders, the LitLayer infrastructure will enable traders to take advantage of the massive liquidity of centralized exchanges while maintaining self-custody.

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Cryptopolitan•2024/07/28 19:34

Ava Labs engineering head Patrick O'Grady leaving team to start own company

The VP of Engineering for Ava Labs, which oversees the Avalanche blockchain development, is leaving to start a new venture after 3.5 years at the company.Patrick O’Grady will remain as a technical advisor for Ava Labs and has shared few details about the new venture.

The Block•2024/07/28 19:25