Prospera, Honduras, November 18th, 2024,
Chainwire
Stabull Finance, a decentralized exchange (DEX)
specializing in non-USD stablecoins and real-world assets on
Ethereum and Polygon, is pleased to announce its partnership with
Holochain. This collaboration marks a key step
in Stabull’s goal of progressive decentralization as it scales
within the DeFi ecosystem.
Stabull’s 4th Generation AMM utilizes an off-chain price oracle,
designed to offer more accurate price discovery and efficient swaps
for stablecoins and tokenized assets with lower fees, lower
slippage, and enhanced capital efficiency. Through this
partnership, Stabull will leverage Holochain’s decentralized DNS,
web hosting, and database infrastructure, reducing reliance on
traditional cloud providers and protecting against unilateral
decisions that could impact the platform.
As Stabull transitions to Holochain’s technology stack, it gains
redundancy and resilience, aiming to ensure uninterrupted service
even amid potential data center or cloud provider outages. This
integration is meant to enhance Stabull’s ability to maintain
decentralized operations and resilience in varying conditions.
Fran Strajnar, core contributor to Stabull Labs,
shared, “Stabull is a straightforward solution that lets users swap
fiat-backed stablecoins and tokenized real-world assets with low
slippage, low fees, and capital efficiency—all while maintaining
control over their assets. As we scale, we’re committed to further
minimizing attack vectors and reducing exploit risk.”
David Atkinson, Co-Founder at Holochain, expressed
enthusiasm about the collaboration, stating, "We are excited to
partner with Stabull Finance. Our distributed architecture enables
each Stabull user to maintain control of their own data and connect
peer-to-peer, eliminating central points of failure in critical
infrastructure like DNS, hosting, and data services. This creates a
truly resilient platform that can scale naturally with user growth
while keeping costs down. This hybrid approach - where blockchain
handles settlement while Holochain manages infrastructure -
represents the future of Web3 architecture. We expect to see more
DeFi protocols adopt this model as they realize the benefits of
true decentralization without sacrificing the security guarantees
of blockchain-based settlement layers."
Stabull’s stablecoin DEX offers a
variety of fiat-backed stablecoins on Ethereum and Polygon,
providing traders with swaps across USD and non-USD stablecoins,
alongside liquidity pools that allow providers to earn a share of
pool-generated fees.
For more information, users can visit Stabull’s website, connect with the team on Discord, or follow Stabull on X, LinkedIn, or YouTube.
About Stabull Finance
Stabull Finance offers a proactive Automated
Market Maker (AMM) on the Ethereum and Polygon blockchains,
supporting a portfolio of real-world assets (RWAs) and fiat-backed
stablecoins. It aims to provide essential infrastructure for the FX
and Web3 ecosystem, enabling the trading of non-USD stablecoins and
RWAs with low fees, minimal slippage through off-chain oracle
pricing, and capital-efficient liquidity management.
About Holochain
Holochain is an open-source framework and
network protocol for developing peer-to-peer scalable and efficient
applications. Its long list of uses include social apps, team
collaboration, Internet of Things, currencies, and much more.
Holochain is a peer-to-peer innovation beyond blockchain designed
to deliver on blockchain promises.
Users can contact the team by email via outreach@stabull.finance and a media kit is available
to download here.
Contact
Founder
Fran
Strajnar
Stabull
Finance
outreach@stabull.finance