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Stabull.Finance and Holochain Partner to Decentralize FX and Commodities Trading Stabull.Finance and Holochain Partner to Decentralize FX and Commodities Trading

Stabull.Finance and Holochain Partner to Decentralize FX and Commodities Trading

[PRESS RELEASE – Prospera, Honduras, November 18th, 2024]

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.

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https://cryptopotato.com/stabull-finance-and-holochain-partner-to-decentralize-fx-and-commodities-trading/

2024-11-18 11:05:38

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