ABC Wallet and GrowFi Join the Nervos Ecosystem

Nervos Network
Nervos Network
Published in
3 min readApr 1, 2020

We are excited to announce three new grants, awarded to two new project teams. ABC Wallet and GrowFi are bringing additional functionality to Nervos that will benefit the entire ecosystem. This brings the total number of project grants awarded to nine.

ABC Wallet (2 grants)

Goal: Deliver to the community a standard protocol for communication between dApp and wallet, as well as an SDK based on this protocol that can communicate with iframes, allowing dApp developers to customize their own iframe wallet.

One Chain CKB

A new SDK based on ckb-sdk-js that provides a series of developer-friendly interfaces to make it easier for developers to build and push CKB transactions, including flexible transaction editing functions, automatic derivation of HD Wallet architecture and a series of tool functions essential to CKB.

CKB Web Auth

A set of open source embedded wallet services from ABCWallet-lite, to add a standard protocol for communication between dApp and wallet. Developers will be able to build their own server with the open source server, or use the ABCWallet-lite server that also supports this protocol. As progress is made against the Nervos 2020 Roadmap, ABC will provide further support for UDT standards.

ABC Wallet is one of the ongoing blockchain projects from BlockABC, founded in 2018 by a veteran in the internet and blockchain space. All of the core founding members once worked for technology powerhouse Tencent, and have acquired keen insight into user needs. They are committed to lowering the barriers to entry into the cryptocurrency space.

Learn more about the ABC Wallet team and the technical scope of their project in their grant proposal on Nervos Talk.

GrowFi

Goal: Adding token swap functionality to facilitate a more seamless experience for investors and users.

UDT swaps

The GrowFi team has been running the Nervos Korean community for the past year. Inspired by Nervos’ layered architecture, the team has contributed R&D content and is excited to build a DeFi infrastructure on top of Nervos CKB.

GrowFi will focus on the token interface (UDT) of the Nervos network, and as the ecosystem expands through Layer 2 and dApp development, will offer a liquidity pool of UDT swaps to create new business models through fees.The price of the token is also determined by the size of the liquidity pool. GrowFi will create a UDTswap lock script and a UDTswap type script — the UDTswap lock script checks only if there is an UDTswap type script within that transaction. This will support 5 types of transactions: Create UDTswap, Add liquidity pool, Liquidity pool removal, Swap CKB to UDT and Swap UDT to CKB.

Learn more about GrowFi and the scope of their project in their grant proposal on Nervos Talk.

The primary goal of the Grant Program is to create the underlying infrastructure for developers entering the Nervos ecosystem and identify and foster great projects that will help facilitate developer on-boarding.

Have a great project or idea? We invite you to read more about our Grants Program process and apply.

For community discussions or questions join the conversation on Discord or check out one of our Telegram channels: English, Korean, Russian, Japanese, Spanish, Vietnamese and Chinese.

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