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Description
Establishing a robust liquidity framework for decentralized finance (DeFi) is essential. The advent of high throughput blockchains has paved the way for innovative financial structures. Ellipsis Labs is developing Phoenix, a fully on-chain, decentralized limit order book on Solana that operates in a non-custodial and crankless manner. Serving as a composable liquidity hub, it acts as a public asset beneficial to the entire DeFi ecosystem. This allows developers to create additional on-chain applications that can either contribute liquidity to or withdraw liquidity from this central liquidity source. Automated Market Makers (AMMs) often depend on unsustainable liquidity incentives or force retail liquidity providers to incur losses continuously. With Solana's capabilities of high throughput, rapid block times, and minimal transaction fees, decentralized exchanges (DEXs) on this platform can facilitate effective liquidity provisioning. As a result, professional market makers can offer tighter and more substantial liquidity while maintaining profitability and sustainability. One of the key features of Phoenix is its instant trade settlement, eliminating the need for an asynchronous crank, a common requirement for existing order books on Solana. This innovation positions Phoenix as a game-changer in the landscape of decentralized trading.
Description
Every individual embarking on their cloud journey typically starts with storage solutions like Dropbox, OneDrive, Google Drive, or iCloud Drive, marking the initial step for most users. In the world of Web3, however, Shadow Drive serves as the equivalent of these traditional platforms. By utilizing any Solana wallet and a small amount of $SHDW, individuals can secure permanent, dedicated storage for their files, with the added benefit of not having their filenames hashed. Additionally, for software developers interested in creating decentralized applications (dApps) that need file storage—whether for generated data or user uploads—Shadow Drive offers a comprehensive SDK compatible with both JS and Rust, enabling seamless integration of storage capabilities into their apps. Furthermore, an RPC functions similarly to a Solana validator by storing data and executing essential tasks, but it does not participate in the voting process for new blocks. It also manages the majority of data lookups on the Solana blockchain, effectively handling the same traffic as a validator while additionally managing the extra load of data retrieval. This innovative approach to decentralized storage is poised to redefine how users interact with their digital files in the evolving landscape of blockchain technology.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Ellipsis Labs
Website
ellipsislabs.xyz/
Vendor Details
Company Name
GenesysGo
Country
United States
Website
docs.genesysgo.com/shadow/platform-summary