Today we’re welcoming #ALGEBRA to the guild of Scribes. We’ve partnered up to provide deep liquidity, high incentives, and an optimized user experience for each of our scribers, degens, and esteemed traders.
Hark ye, weary traveller. Sit. Drink. Provide liquidity. Plenty o’ rewards await. But first, allow us to introduce our latest union - Scribe has integrated Algebra to provide deep liquidity and high incentives for every single Scriber. Unlocking Liquidity & Rewards with Algebra Algebra is a “full stack” product suite for DeFi AMMs. It provides Scribe (and countless other DEXs) with concentrated liquidity & dynamic fees tech. With this, we’re able to ensure the deepest liquidity levels possible. In addition, we’re able to leverage Algebra’s tech quite to ensure that every user on Scribe is fairly (and generously!) rewarded for every cent of liquidity they provide. Stay Tuned Stay tuned, Scribers. We’re rolling out update after update to provide you with the greatest DEX experience possible on Scroll. In the meantime, follow us on Twitter and join our Discord. About Algebra Algebra is a Protocol enabling projects to integrate Concentrated Liquidity tech, alongside other groundbreaking features — Dynamic Fees, Built-in Farming, and more. It's the first DEX-as-a-service (DaaS) protocol, integrating its AMM tech into patnering DEXes. Already seamlessly integrated into various DEXes across different chains, including Camelot, THENA, QuickSwap, StellaSwap, Zyberswap, Equilibre, Magma, Swapsicle, Synthswap, Kim, and more, Algebra propels them to higher trading volume & enhanced capital efficiency. At present, Algebra is a technology leader. Even before the launch of Integral, our prior iteration, Algebra V3, had already achieved remarkable success and held a prominent position on various networks, including Polygon, Arbitrum, Polkadot, BNB, and more. We have empowered over 60 projects, including ALMs, cross-chain aggregators, and more, with cutting-edge technology integrated via Algebra-powered DEXes. The Algebra ecosystem aims to bring innovation and healthy competition to the DEX market, offering modern DeFi solutions like the Concentrated Liquidity codebase, including V3 & V4-like Integral, for reshaping any blockchain’s DEX landscape.
Scroll users can now access deep liquidity, rewarding APRs, and a list of other features on the Scribe DEX, all whilst enjoying the scalability and usability of Scroll.
Exciting news! A new era in decentralized exchanges begins today. Today, we proudly launch Scribe, a community-powered DEX with a mission to rewrite DeFi on #scroll . Scribe is not merely an exchange; it is an alchemical symphony of trade, born from the collective spirit of its community. The Promise of Bountiful Rewards Our community-centric model guarantees that participants benefit directly from their engagement, promoting a shared sense of prosperity and collective success. In essence, we want to reward you for your active participation in the future of Scribe. Decentralized Community Powered DeFi Scribe exemplifies true decentralization. In response to the growing demand for genuine community-driven projects, Scribe delivers a protocol that empowers every user: xSCRIBE Plugins provide a range of features, from financial tools to governance enhancements, enabling users to customize and optimize their interaction with the Scribe ecosystemStaked Position NFTs (spNFTs), a unique and innovative feature designed to enhance the flexibility and efficiency of liquidity provisioning and yield farmingThe Scribe Launchpad leverages Scribe's community-driven ecosystem to achieve a successful launch and integrate seamlessly into the Scroll Network Our platform, built on the Scroll framework, allows each participant to take control, ensuring that every trade highlights the collective innovation of our community. Empowered by Scroll's Unique Approach Utilizing Scroll’s distinctive sequencer fee-sharing method, Scribe provides substantial incentives for projects, fostering an environment ripe for growth and innovation. This approach transforms Scribe into a thriving hub for commerce, where each transaction contributes to a future filled with opportunities. Join the Journey We invite you to join us in this journey. Together, we shall write the future of DeFi on Scroll. Welcome to Scribe—where decentralization meets community, with every trade marking a new chapter in our ongoing story.