yellow
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đTop Project From Recent Funding Round đ° Yellowđ
đ Yellow has just secured $10.00M in its latest funding round! đ
đčAbout: Yellow aims to revolutionize decentralized trading by enabling participants to swap assets across different exchanges without relying on block creation. This innovative approach brings together exchanges, blockchains, and trading firms, creating a network of brokerages for a more efficient trading infrastructure. Yellow Network operates as a decentralized Layer-3 peer-to-peer mesh network, allowing brokers to communicate, trade, and aggregate liquidity from connected nodes. Utilizing state channel technology, it facilitates real-time settlement between brokers on top of a blockchain, enabling cross-chain trading without the need to bridge assets. This technology improves public blockchain throughput by reducing the computational load on nodes, making it easier to run a node and decentralizing the certification process. The project is designed to support a sustainable token ecosystem, with the $YELLOW token serving as the gateway to the network. Participants are required to lock $YELLOW tokens to open trading channels, ensuring accountability and reducing counterparty risk. Yellow Networkâs non-profit model allows market makers to earn 100% of liquidity provisioning fees, with a small settlement fee funding the Yellow Reserve Vault for dispute resolution and ecosystem security. The project aims to have over 1,000 participants globally by 2025, offering a cost-efficient and user-friendly framework for running crypto exchanges. Overall, Yellow Network seeks to create a truly decentralized and efficient trading environment, addressing the limitations of current centralized and decentralized exchanges. đđ
đč Lead Investors: ConsenSys, LD Capital, GSR, ZBS Capital, Gate Labs and many more.
đč Total Raised: $10.00M.
đč Project Category: Blockchain service, DeFi.
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#BinanceTurns7 #DEFI #DEX #yellow #Bitcoinâ $UNI
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đčAbout: Yellow aims to revolutionize decentralized trading by enabling participants to swap assets across different exchanges without relying on block creation. This innovative approach brings together exchanges, blockchains, and trading firms, creating a network of brokerages for a more efficient trading infrastructure. Yellow Network operates as a decentralized Layer-3 peer-to-peer mesh network, allowing brokers to communicate, trade, and aggregate liquidity from connected nodes. Utilizing state channel technology, it facilitates real-time settlement between brokers on top of a blockchain, enabling cross-chain trading without the need to bridge assets. This technology improves public blockchain throughput by reducing the computational load on nodes, making it easier to run a node and decentralizing the certification process. The project is designed to support a sustainable token ecosystem, with the $YELLOW token serving as the gateway to the network. Participants are required to lock $YELLOW tokens to open trading channels, ensuring accountability and reducing counterparty risk. Yellow Networkâs non-profit model allows market makers to earn 100% of liquidity provisioning fees, with a small settlement fee funding the Yellow Reserve Vault for dispute resolution and ecosystem security. The project aims to have over 1,000 participants globally by 2025, offering a cost-efficient and user-friendly framework for running crypto exchanges. Overall, Yellow Network seeks to create a truly decentralized and efficient trading environment, addressing the limitations of current centralized and decentralized exchanges. đđ
đč Lead Investors: ConsenSys, LD Capital, GSR, ZBS Capital, Gate Labs and many more.
đč Total Raised: $10.00M.
đč Project Category: Blockchain service, DeFi.
đIf You find this post useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
#BinanceTurns7 #DEFI #DEX #yellow #Bitcoinâ $UNI
$1INCH
$STG
@Ripple Network 's co-founder, Chris Larsen, has led a $10 million seed round investment in #YellowNetwork , a decentralized clearing network for digital assets. This network aims to solve #crypto trading challenges like liquidity fragmentation, scalability, and counterparty risks by using state channel technology. With a market valuation exceeding $200 million, Yellow Network is positioning itself as a leader in decentralized finance (#DEFÄ° ) trading. The funding will help accelerate the development of Yellow Network's decentralized clearing protocol and support the upcoming launch of its #yellow #token in Q4 2024. $XRP
