By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
    • Event List
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Blueshift to launch brand-new AMM protocol via OccamRazer launchpad
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
    • Event List
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > PRESS RELEASE > Blueshift to launch brand-new AMM protocol via OccamRazer launchpad
PRESS RELEASE

Blueshift to launch brand-new AMM protocol via OccamRazer launchpad

PR.Dept
Posted PR.Dept March 11, 2022 757 Views 6 Min Read
Updated 2022/03/28 at 7:50 AM
Share
OccamRazer launchpad
SHARE

OccamRazer launchpad

March 8 — As Blueshift inches toward its initial decentralized exchange (DEX) offering and token release, a new partnership will cement the project’s status as more than just a contender to existing Cardano DEXes.

Blueshift, a new crypto powerhouse, will push the boundaries of decentralized finance (DeFi) 2.0 by introducing a highly innovative automated market maker (AMM) protocol. Recognizing this opportunity, Shima Capital not only engaged in a strategic partnership with Blueshift but also took the lead in a successful $3M seed-capital funding round. Together, Blueshift and Shima Capital will drive the paradigm shift toward DeFi 2.0 for Cardano and beyond.

Blueshift’s DeFi paradigm shift is manifested through several innovations such as a reinvented AMM protocol, single-sided token liquidity, virtual pairs, liquidity portfolios, internal pricing oracles, decentralized autonomous organization-based portfolio management and more.

With these innovations, Blueshift goes beyond solutions established on centralized, limited portfolios and smart order routers.

This brand-new AMM protocol creates benefits previously unseen in the crypto space. Traders, liquidity providers and arbitrageurs benefit from truly decentralized, community-driven portfolios, significantly reduced impermanent losses, zero fees for arbitrage operations and higher annual percentage rates at lower risk. Combined, these innovations signify a revolution for the broader ecosystem and individual users alike.

This revolutionary approach has been summarized by one of Blueshift’s investors: “The Blueshift liquidity portfolios are like ETF’s for cryptocurrencies, but with additional DeFi revenues.”

The project also holds significance beyond the Cardano ecosystem — the target of its initial deployment. Blueshift aims to broadly revolutionize DeFi and create an ecosystem not limited to specific layer-1 blockchain platforms.

The key to deploying this innovative technology on Cardano is the Milkomeda layer-2 protocol. Milkomeda’s team, in partnership with Blueshift, is developing a solution that enables Ethereum Virtual Machine compatibility and the long-awaited DeFi app usability function on Cardano, allowing Blueshift to tap into the liquidity of Cardano immediately. By utilizing and partnering with Milkomeda, endless opportunities for innovation are open to the Blueshift team.

Blueshift is set to deliver on its promises that include building a boundless crypto capital management, and a liquidity-provision ecosystem that will supercharge all crypto users’ capabilities and opportunities.

To ensure delivery, It has partnered with OccamRazer — the premiere Cardano-centric launchpad led by a veteran team. This partnership goes beyond a simple collaboration, however, as both teams strive to deliver the next big thing in crypto. Blueshift is now officially a project incubated by the Occam.Fi team.

To participate in the Blueshift ecosystem and utilize Blueshift technology, individuals can acquire BLUES tokens via the initial DEX offering (IDO) on the OccamRazer launchpad.

Afterward, the only way to acquire BLUES tokens will be via the secondary market. Initially, BLUES will be listed on a single centralized exchange after the conclusion of the IDO pool on OccamRazer. In the future, BLUES will also be added to other CEXes and DEXes.

Users can also use the innovative Blueshift liquidity-management platform without owning BLUES tokens. However, owning BLUES will provide tokenholders with significant staking annual percentage yields and the ability to participate in the governance of the Blueshift ecosystem.

All collaborating teams, bonded together with a vision of an egalitarian and beneficial crypto ecosystem, have set their sights high and proven they can deliver. It is only a matter of time before DeFi 2.0 manifests right before our eyes.

About Shima Capital

Shima Capital is a leading early-stage venture capital (VC) firm investing in disruptive blockchain companies. Shima is backed by Dragonfly Capital, Digital Currency Group, Galaxy Digital and others including Huobi, Bybit and Celsius. Shima Capital works closely with its founders to hire talent, build the community, fundraise and amplify its narratives. Shima also prides itself on its strong position in the VC community in San Francisco, Los Angeles, New York City and abroad in South Korea, China, Hong Kong, Singapore and more.

About Blueshift

Blueshift introduces a user-friendly, community-driven, and highly capital-efficient DeFi 2.0 solution neither limited to chains nor sharing the issue of high gas fees. Blueshift’s ambition is to revolutionize the way users engage with the decentralized crypto market while unlocking the potential of a sleeping giant. Cardano’s community and immense available liquidity is the foundation for Blueshift’s highly innovative AMM protocol, which pushes the DeFi frontier beyond the Cardano ecosystem.

Official Social Media 

  1. Website
  2. Official Blueshift community group
  3. Official Blueshift announcements group
  4. Twitter
  5. Reddit

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Whatsapp Whatsapp
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Matrixport More ways to generate passive income with Matrixport’s flexible staking
Next Article bnpl pay crypto crypto wallet, crypto exchange MetaAsset Capital to launch lending product on BNPL Pay
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest Tweet

Tweets by nftstudio24
  • INTERVIEW, NewsJan 13, 2023

    NFTStudio24 Interview with Michael Sofaer from Pylons, Ryan Day from Blockworks, and Nick Vale from ReNFT

    NFTStudio24 held a podcast interview with Michael Sofaer from
    Read More
  • PRESS RELEASESep 22, 2023

    Future Blockchain Summit Announces the 1inch Network as its 2023 Headline Sponsor

    Dubai, 25,Aug,, 2023: Decentralized protocol powerhouse the 1inch Network
    Read More
  • PRESS RELEASESep 21, 2023

    Partnerships Announced at Climate Chain Coalition Press Conference at UNFCCC Conference in Bonn

    Bonn, Germany, June 1, 2023,  The Slovenian Ministry of
    Read More
  • EVENTS, WEB3Sep 20, 2023

    Stablecoin Summit 2023: How Stablecoin Growth Potential in Asia & Beyond Can Empower Emerging Economies

    Stablecoin Summit concludes its first conference in Singapore by
    Read More
  • PRESS RELEASE, WEB3Sep 20, 2023

    Next Block Expo Returns to Berlin – Leading European Blockchain Festival to be Held on December 4-5th, 2023 at CineStar CUBIX, Alexanderplatz.

    Next Block Expo (NBX), the Blockchain Festival of Europe,
    Read More
  • PRESS RELEASESep 20, 2023

    Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

    Dubai, UAE —The Blockchain Economy Dubai Summit is generating
    Read More