Mizar receives grant from Fantom Foundation
We are excited to announce that Mizar received a grant from the Fantom Foundation to expand Mizar’s cross-chain trading tools to Fantom!
What is Fantom?
Fantom is a decentralized, permissionless, open-source smart contract platform for decentralized applications (dApps) and digital assets. Fantom’s network architecture intends to provide a steady balance of scalability, security and decentralization.
Fantom’s fast, scalable platform for decentralized applications (dApps) draws its speed from a unique consensus mechanism called Lachesis. Fantom also offers tools that make it easy to integrate existing dApps, a nuanced system of staking rewards, and a suite of built-in decentralized finance (DeFi) tools.
Providing trading automation and optimization to the Fantom ecosystem
Mizar will add value to Fantom by facilitating advanced trades and run automated strategies within the Fantom blockchain.
Within the current DeFi landscape, users are facing a lack of trading tools seen on centralized exchanges, part of which can be attributed to the exponential growth of DeFi in recent years. Mizar is building infrastructure to enable secure, seamless smart and algorithmic trading across blockchains. With dozens of decentralized exchanges scattered across various networks, we’re trying to address the lack of trading infrastructure across Decentralized Exchanges.
With Mizar, users will be able to create strategies that include assets from across the Fantom ecosystem — we intend to integrate with every DeFi protocol that can expand the pool of assets available. Users will be able to explore and track the performances of their assets all across a simple-to-use platform. We want to position Mizar at the centre of the Fantom ecosystem as the premier solution to realize returns from asset management potential.
We, at Mizar, are excited to work with protocols on the Fantom ecosystem to continue to build out world-class trading tools for the Fantom ecosystem with Mizar.
About Mizar
Mizar is a next-gen trading platform where traders can search for strategies to securely allocate capital or get access to a wide range of trading tools to put their assets in motion. Mizar makes trading simpler and accessible to everyone, subscription-free.
About Fantom
Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in one second and cost a few cents. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.
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