Vizing Ecosystem Project Likwid Launches Truncated Oracle Technology
ChainCatcher news, according to official information, Vizing ecosystem project Likwid has launched a truncated oracle technology. This technology has been included by the <UniChain> official as a major innovation based on Uniswap V4 and Unichain. Based on this technology, Likwid can solve the price manipulation problem of long-tail assets in a multi-chain environment, thereby opening the door for on-chain leveraged trading of low-cap tokens. In addition, Likwid's previous token offering was oversubscribed by more than 8,000 ETH, with an increase of over 400 times. It is reported that Vizing is a coordination layer developed by the leading cross-chain bridge team, aiming to solve the problem of liquidity fragmentation and user experience of heterogeneous blockchains such as ETH L2s, <Solana> and <Sui> through a unified smart contract account system and ZK proof aggregation technology. At present, the Vizing ecosystem has more than 200 Dapps using multi-chain technology, among which projects such as <Astra> and Likwid have successively received investments from Animoca, Folius and Redpoint Capital Skyland Ventures and generated returns.
