Cardano co-founder and CEO Charles Hoskinson is “really looking forward to an upcoming DEX from a Slovak FinTech startup called Vaccumlabs. ” Details Cryptocoin. at com.
Cardano inventor excited
Vacuumlabs is a software development company that creates fintech solutions. In 2018, Vacuumlabs developers started an internal project to create the first Cardano lightweight wallet. What was supposed to be a ‘weekend project’ took weeks, but AdaLite was born. Since then, AdaLite has solidified itself as the leading web-based Cardano wallet, making Vacuumlabs a key development partner in the Cardano ecosystem. According to Vacuumlabs, this project caught the attention of Cardano’s commercial arm EMURGO, which prompted them to work on the Yoroi wallet. Nicolas Arqueros, CTO of EMURGO, says: “When I started exploring the open source solution, Vacuumlabs caught my attention. They figured out how to make everything work. I realized that the people behind it were really good. ”
Vacüabs has also partnered with EMURGO to integrate Cardano into Trezor and Ledger hardware wallets. WingRiders is a new Cardano powered by Vacuumlabs. Hoskinson tweeted about WingRiders yesterday and said:
Given the pedigree of its developers, it’s not surprising to see them proudly refer to WingRiders as “The DEX on Cardano.” WingRiders allows its users to “trade”, “earn” (by providing liquidity) and “fly” (possibly to the moon with the help of native token WR).
WingRiders is an Automated Market Maker (AMM) decentralized exchange (DEX) built on top of Cardano using the eUTxO model on the main chain. The project is supported by VacuumLabs, one of the most respected developers in the Cardano space. WingRiders’ aim is to be an infrastructure element for the entire Cardano ecosystem, with simple integration into any wallet or Dapp. The platform will be fully decentralized and unreliable backing exchanges between Cardano’s native tokens.
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