What is Solana, and how does it work?
Our platform is based on Solana. Therefore, we are getting question about it.
So, how it works?
What is Solana?
Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain.
Solana implements an innovative hybrid consensus model that combines a unique proof-of-history (PoH) algorithm with the lightning-fast synchronization engine, which is a version of proof-of-stake (PoS). Because of this, the Solana network can theoretically process over 710,000 transactions per second (TPS) without any scaling solutions needed.
Solana’s third-generation blockchain architecture is designed to facilitate smart contracts and decentralized application (DApp) creation. The project supports an array of decentralized finance (DeFi) platforms as well as nonfungible token (NFT) marketplaces.
How does Solana work?
The core component of the Solana protocol is proof-of-history, a sequence of computations that provides a digital record that confirms that an event has occurred on the network at any point in time. It can be presented as a cryptographic clock that gives a timestamp to every transaction on the network, along with a data structure that can be a simple addition of it.
Our platform is based on Solana. Therefore, we are getting question about it.
So, how it works?
What is Solana?
Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain.
Solana implements an innovative hybrid consensus model that combines a unique proof-of-history (PoH) algorithm with the lightning-fast synchronization engine, which is a version of proof-of-stake (PoS). Because of this, the Solana network can theoretically process over 710,000 transactions per second (TPS) without any scaling solutions needed.
Solana’s third-generation blockchain architecture is designed to facilitate smart contracts and decentralized application (DApp) creation. The project supports an array of decentralized finance (DeFi) platforms as well as nonfungible token (NFT) marketplaces.
How does Solana work?
The core component of the Solana protocol is proof-of-history, a sequence of computations that provides a digital record that confirms that an event has occurred on the network at any point in time. It can be presented as a cryptographic clock that gives a timestamp to every transaction on the network, along with a data structure that can be a simple addition of it.
😁1
Helo there!
We want to introduce you our Reddit channel, so you will be updated with our recent news here and there as well.
Our goal for the Reddit is to build the leading community with news, discussions and analysis there and to provide you with the latest news.
Here is our Reddit link to join the platform:
https://www.reddit.com/user/CleanDefi/
We want to introduce you our Reddit channel, so you will be updated with our recent news here and there as well.
Our goal for the Reddit is to build the leading community with news, discussions and analysis there and to provide you with the latest news.
Here is our Reddit link to join the platform:
https://www.reddit.com/user/CleanDefi/
Reddit
overview for CleanDefi
CleanDefi is an innovative dесеntrаlizеd AMM, Incubator, Yiеld Farming & NFT Launch ѕоlutiоn gоvеrnеd bу thе соmmunitу and powered bу Sоlаnа.
Your security is our priority 🔐
Hey!
Everyone heard a lot of stories about wallet hacks, compromised private keys, and other sobering events in the crypto space.
One of the priorities of our CleanDefi project is providing security for our community.
Our team has heard them as well, and we are committed to doing everything possible to ensure that these things don’t happen to our user community.
We strongly encourage you to take the following steps to maximize your security:
🔷 Use 2FA for each of your exchanges.
🔷 Save your backup keys in a safe place, preferably cold storage.
🔷 Never send your API keys via messenger and do not store them on a cloud service.
🔷 Be wary of phishing emails that mimic emails from your exchange.
🔷 Backup your authenticator keys and exchange app keys in the event your mobile device is lost or stolen.
Have a nice day!
Hey!
Everyone heard a lot of stories about wallet hacks, compromised private keys, and other sobering events in the crypto space.
One of the priorities of our CleanDefi project is providing security for our community.
Our team has heard them as well, and we are committed to doing everything possible to ensure that these things don’t happen to our user community.
We strongly encourage you to take the following steps to maximize your security:
🔷 Use 2FA for each of your exchanges.
🔷 Save your backup keys in a safe place, preferably cold storage.
🔷 Never send your API keys via messenger and do not store them on a cloud service.
🔷 Be wary of phishing emails that mimic emails from your exchange.
🔷 Backup your authenticator keys and exchange app keys in the event your mobile device is lost or stolen.
Have a nice day!
CleanDefi Allocation & Distribution
Initiаl сirсulаting ѕuррlу:
189,000,000
liԛuiditу mining рhаѕe:
200,000,000
Remainder:
1,611,000,000
Total:
2,000,000,000
Initiаl сirсulаting ѕuррlу:
189,000,000
liԛuiditу mining рhаѕe:
200,000,000
Remainder:
1,611,000,000
Total:
2,000,000,000
PRE-ICO 75,000,000
3%
Round 1 | 24,000,000:
1.2%
Round 2 | 30,000,000:
1.5%
Marketing | 60,000,000:
3.75%
TOTAL ICO 189,000,000:
9.45%
3%
Round 1 | 24,000,000:
1.2%
Round 2 | 30,000,000:
1.5%
Marketing | 60,000,000:
3.75%
TOTAL ICO 189,000,000:
9.45%
CleanDefi Latest Activity Report.
Now we have extremely active period for CleanDefi team. Last 2 weeks were full of updates and the next period will also be overly active, as our roadmap increased with new modules and we continue with audit of our Smart Contract and following tests of the platform.
CleanDefi test network updates:
• Integration with Solana network wallets tests
• Sending Notifications tests
• Exchange (Swap) tests
• AMM tests
We are going in the right direction and continue to develop full infrastructure of our DEFI to make it user friendly, safe and fast. Also our team started Marketing Campaign and invites new members to become a part of CleanDefi family. We are open and ready for offers and ideas of our members according to their needs of real DEFI in this unstable world. CleanDefi aims to provide privacy and convenient access to its services for all the DEFI users.
Now we have extremely active period for CleanDefi team. Last 2 weeks were full of updates and the next period will also be overly active, as our roadmap increased with new modules and we continue with audit of our Smart Contract and following tests of the platform.
CleanDefi test network updates:
• Integration with Solana network wallets tests
• Sending Notifications tests
• Exchange (Swap) tests
• AMM tests
We are going in the right direction and continue to develop full infrastructure of our DEFI to make it user friendly, safe and fast. Also our team started Marketing Campaign and invites new members to become a part of CleanDefi family. We are open and ready for offers and ideas of our members according to their needs of real DEFI in this unstable world. CleanDefi aims to provide privacy and convenient access to its services for all the DEFI users.
BREAKING: Dubai just introduced a law to boost Bitcoin & crypto — and become a global leader.
PwC explained that ticket sales, media rights and sponsorship are the current largest revenue streams for teams and leagues. It expects that tokenized tickets, NFT media rights and sponsorship of digital or metaverse events to propel the growth of the industry, stating that digital asset sales might also become a "serious" revenue stream. The report added that in order to make this happen, however, teams would need a tech stack that connects their new digital sales data with existing customer databases, and a strong legal team to handle regulatory and tax implications.
These trends are all on the rise, especially as partnerships between NFT marketplaces and sports associations increase in popularity.
These trends are all on the rise, especially as partnerships between NFT marketplaces and sports associations increase in popularity.
$175 Million Worth of Orders Liquidated on Crypto Market as Bitcoin Rallies to $42,000
Nearly $200M in Orders Cleared from the Market as Cryptocurrencies Recover.Following Bitcoin’s $42,000 spike, the volume of liquidated orders in the market reached almost $200 million. According to CoinGlass, the liquidation volume in the past 24 hours has reached $183 million.
As the Exchange Liquidation chart suggests, OKEx has once again become the largest liquidation volume provider in the market with $72 million in canceled orders. Apparently 76% of these orders were short (sell).As for liquidations by symbol, Bitcoin orders remain the most liquidated positions in the market. Second place goes to Ethereum, with $42 million in canceled orders in the last 24 hours.
Nearly $200M in Orders Cleared from the Market as Cryptocurrencies Recover.Following Bitcoin’s $42,000 spike, the volume of liquidated orders in the market reached almost $200 million. According to CoinGlass, the liquidation volume in the past 24 hours has reached $183 million.
As the Exchange Liquidation chart suggests, OKEx has once again become the largest liquidation volume provider in the market with $72 million in canceled orders. Apparently 76% of these orders were short (sell).As for liquidations by symbol, Bitcoin orders remain the most liquidated positions in the market. Second place goes to Ethereum, with $42 million in canceled orders in the last 24 hours.
$175 Million Worth of Orders Liquidated on Crypto Market as Bitcoin Rallies to $42,000
Nearly $200M in Orders Cleared from the Market as Cryptocurrencies Recover.Following Bitcoin’s $42,000 spike, the volume of liquidated orders in the market reached almost $200 million. According to CoinGlass, the liquidation volume in the past 24 hours has reached $183 million.
As the Exchange Liquidation chart suggests, OKEx has once again become the largest liquidation volume provider in the market with $72 million in canceled orders. Apparently 76% of these orders were short (sell).As for liquidations by symbol, Bitcoin orders remain the most liquidated positions in the market. Second place goes to Ethereum, with $42 million in canceled orders in the last 24 hours.
Nearly $200M in Orders Cleared from the Market as Cryptocurrencies Recover.Following Bitcoin’s $42,000 spike, the volume of liquidated orders in the market reached almost $200 million. According to CoinGlass, the liquidation volume in the past 24 hours has reached $183 million.
As the Exchange Liquidation chart suggests, OKEx has once again become the largest liquidation volume provider in the market with $72 million in canceled orders. Apparently 76% of these orders were short (sell).As for liquidations by symbol, Bitcoin orders remain the most liquidated positions in the market. Second place goes to Ethereum, with $42 million in canceled orders in the last 24 hours.
During 2021, Bitcoin mining had the smallest carbon footprint than other industries.
#analytics
#analytics
Dubai adopts crypto law as it looks to become a hub for web 3.0
"Today, we approved the virtual assets law and established the Dubai Virtual Assets Regulatory Authority. A step that establishes the UAE's position in this sector. The Authority will cooperate with all related entities to ensure maximum transparency and security for investors," Maktoum said in his tweet.
Under the new law, the UAE wants to establish a Dubai Virtual Assets Regulatory Authority, which would be tasked with regulating these assets.In December last year, the Dubai Media Office said that the Dubai World Trade Centre would officially become a crypto zone.
#news
"Today, we approved the virtual assets law and established the Dubai Virtual Assets Regulatory Authority. A step that establishes the UAE's position in this sector. The Authority will cooperate with all related entities to ensure maximum transparency and security for investors," Maktoum said in his tweet.
Under the new law, the UAE wants to establish a Dubai Virtual Assets Regulatory Authority, which would be tasked with regulating these assets.In December last year, the Dubai Media Office said that the Dubai World Trade Centre would officially become a crypto zone.
#news
France officially recognizes bitcoin as a legal tender
The Commercial Court of Nanterre of France, in a historic ruling, recognized the leading cryptocurrency bitcoin as a legitimate form of currency. The crypto community in France welcomed the court's decision.
#news
The Commercial Court of Nanterre of France, in a historic ruling, recognized the leading cryptocurrency bitcoin as a legitimate form of currency. The crypto community in France welcomed the court's decision.
#news
✅ CleanDefi AMM approach
⠀
Our team discussed much about AMM models, but decided still to use x*y=k in our protocol as the best choice for DEFI to maintain liquidity and reduce risks. So, why do we choose AMM?
⠀
We believe AMM has the upper hand over CLOB-Based DEX regarding creating and managing liquidity easier users' habits, liquidity creation & management, and hype generation.
⠀
AMMs simplify liquidity creation for both holders and builders.
Using AMMs will make creating and managing liquidity easier for builders because the popularly used x*y=k AMM design optimizes passive liquidity provision. Builders, therefore, can focus on their top priority: product development. And it is necessary to add that it is our firm belief that AMMs transform holders into passive market makers, which also increases their ability to invest into the project.
⠀
AMMs are designed to enable the assets to reach their price discovery stage as quickly as feasible, attracting both traders and investors from other blockchains to Solana.
⠀
The most important for CleanDefi which will distinguish us from others is to build best user friendly UI/UX platform and offer new features of Stake and Farm with low fees and high rewards.
CleanDefi Farm and CleanDefi Stake will attract and engage liquidity providers, resulting in a large inflow of funds while simplifying and accelerating liquidity bootstrapping and encouraging new projects to be built on Solana.
⠀
Our team discussed much about AMM models, but decided still to use x*y=k in our protocol as the best choice for DEFI to maintain liquidity and reduce risks. So, why do we choose AMM?
⠀
We believe AMM has the upper hand over CLOB-Based DEX regarding creating and managing liquidity easier users' habits, liquidity creation & management, and hype generation.
⠀
AMMs simplify liquidity creation for both holders and builders.
Using AMMs will make creating and managing liquidity easier for builders because the popularly used x*y=k AMM design optimizes passive liquidity provision. Builders, therefore, can focus on their top priority: product development. And it is necessary to add that it is our firm belief that AMMs transform holders into passive market makers, which also increases their ability to invest into the project.
⠀
AMMs are designed to enable the assets to reach their price discovery stage as quickly as feasible, attracting both traders and investors from other blockchains to Solana.
⠀
The most important for CleanDefi which will distinguish us from others is to build best user friendly UI/UX platform and offer new features of Stake and Farm with low fees and high rewards.
CleanDefi Farm and CleanDefi Stake will attract and engage liquidity providers, resulting in a large inflow of funds while simplifying and accelerating liquidity bootstrapping and encouraging new projects to be built on Solana.