Kwest

kwest

GRAND CAYMAN, Cayman Islands, July 26th, 2024/Chainwire/--Kwenta, the leading onchain perpetuals exchange on the Optimism network, has partnered with Perennial to launch a new joint product and incentive program on the Arbitrum network. This initiative, backed by a substantial 1.9 million ARB grant, aims to attract new users and liquidity providers to Arbitrum and spark renewed interest in onchain perpetuals trading. Kwenta And Perennial’s Expansion Strategy Kwenta, known for being a UX layer for perps trading on Optimism and Base, is expanding its reach to Arbitrum in a bid to build a comprehensive marketplace for onchain perpetuals. This move is facilitated by Perennial V2, an Arbitrum-native protocol designed to be a hyper-efficient liquidity layer for derivatives trading. The joint initiative is designed to revitalize the popular AMM model for leveraged trading by providing traders with a powerful, familiar interface to interact with smart contract liquidity. Perennial’s vision is to create a single, global liquidity layer where all markets, all chains, and all liquidity converge into one decentralized nexus. By integrating Kwenta’s premier trading interface with Perennial’s advanced perps infrastructure, users on Arbitrum will benefit from an optimized trading experience. Trade orders on selected Kwenta markets will be seamlessly routed through Perennial, ensuring efficiency and reliability. This collaboration combines Kwenta's top-tier trading platform with Perennial’s hyper-efficient trading infrastructure, delivering the best possible experience for traders. Incentive Program Details The newly launched incentive program focuses on two main areas: Trading Rebates: Active traders will benefit from substantial fee rebates, making it more cost-effective to trade on the platform. This initiative is expected to drive trading volume and retain users. Liquidity Boosting: Liquidity providers will receive incentives to supply liquidity, ensuring deep and efficient markets. For more details on how to potentially earn rewards, users can visit Kwenta's Rewards Blog for trading rewards details, or visit Perennial’s Discord server for information about rewards for providing liquidity. Team Insights Burt Rock, Marketing Lead at Kwenta, highlighted how far onchain perps have come, stating, “We’ve seen a lot of new perpetuals markets focused on improving the user experience, but most are making huge sacrifices in terms of decentralization. We want to show people you really can build decentralized apps which are incredible to use, and even better than offchain versions.”Kevin Britz, CEO & Co-Founder at Perennial, added, "Kwenta has been a market leader in the perp vertical, regularly pushing over $100M in OI. We're excited to welcome them to our home on Arbitrum and expand the number of teams leveraging Perennial infrastructure. In a saturated perps landscape, combining our protocol with Kwenta’s interface will lead to increased volume, deeper liquidity, and a CEX-level user experience." Future Outlook The introduction of this incentive program represents a crucial step in the evolution of Kwenta and Perennial. With Kwenta concentrating on the UX and frontend aspects of trading and Perennial focusing on providing a robust liquidity layer, the collaboration is set to offer a decentralized trading experience that is both highly efficient and user-friendly. This model of specialization showcases how projects can synergize to deliver superior services in the DeFi space. The combined expertise of Kwenta and Perennial promises to elevate the standard of onchain perpetual trading, making it more accessible and appealing to a wider audience. For more information, users can visit Kwenta’s website and Perennial’s website. Users can also read Perennial’s launch announcement for additional details. About Kwenta And Perennial Kwenta: As a leading platform for derivatives trading, Kwenta has facilitated over $50 billion in volume on Optimism and Base. The platform is expanding to Arbitrum to launch its perpetual marketplace, a single app to compare and trade on multiple onchain venues. Perennial: Perennial is a pioneering DeFi liquidity layer that offers a hyper-efficient infrastructure for a variety of trading applications. Its modular and efficient design supports customized markets, leveraging fast execution and capital efficiency to power DeFi apps. Contacts Burt Rock Kwenta burt@kwenta.io Lucas Terry Perennial lucas@perennial.finance This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. GRAND CAYMAN, Cayman Islands, July 26th, 2024/Chainwire/--Kwenta, the leading onchain perpetuals exchange on the Optimism network, has partnered with Perennial to launch a new joint product and incentive program on the Arbitrum network. This initiative, backed by a substantial 1.9 million ARB grant, aims to attract new users and liquidity providers to Arbitrum and spark renewed interest in onchain perpetuals trading. Kwenta And Perennial’s Expansion Strategy Kwenta, known for being a UX layer for perps trading on Optimism and Base, is expanding its reach to Arbitrum in a bid to build a comprehensive marketplace for onchain perpetuals. This move is facilitated by Perennial V2, an Arbitrum-native protocol designed to be a hyper-efficient liquidity layer for derivatives trading. The joint initiative is designed to revitalize the popular AMM model for leveraged trading by providing traders with a powerful, familiar interface to interact with smart contract liquidity. Perennial’s vision is to create a single, global liquidity layer where all markets, all chains, and all liquidity converge into one decentralized nexus. By integrating Kwenta’s premier trading interface with Perennial’s advanced perps infrastructure, users on Arbitrum will benefit from an optimized trading experience. Trade orders on selected Kwenta markets will be seamlessly routed through Perennial, ensuring efficiency and reliability. This collaboration combines Kwenta's top-tier trading platform with Perennial’s hyper-efficient trading infrastructure, delivering the best possible experience for traders. Incentive Program Details The newly launched incentive program focuses on two main areas: Trading Rebates: Active traders will benefit from substantial fee rebates, making it more cost-effective to trade on the platform. This initiative is expected to drive trading volume and retain users. Trading Rebates: Active traders will benefit from substantial fee rebates, making it more cost-effective to trade on the platform. This initiative is expected to drive trading volume and retain users. Liquidity Boosting: Liquidity providers will receive incentives to supply liquidity, ensuring deep and efficient markets. Liquidity Boosting: Liquidity providers will receive incentives to supply liquidity, ensuring deep and efficient markets. For more details on how to potentially earn rewards, users can visit Kwenta's Rewards Blog for trading rewards details, or visit Perennial’s Discord server for information about rewards for providing liquidity. Kwenta's Rewards Blog Kwenta's Rewards Blog Perennial’s Discord server Perennial’s Discord server Team Insights Burt Rock, Marketing Lead at Kwenta, highlighted how far onchain perps have come, stating, “We’ve seen a lot of new perpetuals markets focused on improving the user experience, but most are making huge sacrifices in terms of decentralization. Burt Rock, Marketing Lead at Kwenta, highlighted how far onchain perps have come, stating, “We’ve seen a lot of new perpetuals markets focused on improving the user experience, but most are making huge sacrifices in terms of decentralization. We want to show people you really can build decentralized apps which are incredible to use, and even better than offchain versions.”Kevin Britz, CEO & Co-Founder at Perennial, added, "Kwenta has been a market leader in the perp vertical, regularly pushing over $100M in OI. We're excited to welcome them to our home on Arbitrum and expand the number of teams leveraging Perennial infrastructure. In a saturated perps landscape, combining our protocol with Kwenta’s interface will lead to increased volume, deeper liquidity, and a CEX-level user experience." We want to show people you really can build decentralized apps which are incredible to use, and even better than offchain versions.”Kevin Britz, CEO & Co-Founder at Perennial, added, "Kwenta has been a market leader in the perp vertical, regularly pushing over $100M in OI. We're excited to welcome them to our home on Arbitrum and expand the number of teams leveraging Perennial infrastructure. In a saturated perps landscape, combining our protocol with Kwenta’s interface will lead to increased volume, deeper liquidity, and a CEX-level user experience." Future Outlook The introduction of this incentive program represents a crucial step in the evolution of Kwenta and Perennial. With Kwenta concentrating on the UX and frontend aspects of trading and Perennial focusing on providing a robust liquidity layer, the collaboration is set to offer a decentralized trading experience that is both highly efficient and user-friendly. This model of specialization showcases how projects can synergize to deliver superior services in the DeFi space. The combined expertise of Kwenta and Perennial promises to elevate the standard of onchain perpetual trading, making it more accessible and appealing to a wider audience. For more information, users can visit Kwenta’s website and Perennial’s website . Users can also read Perennial’s launch announcement for additional details. Kwenta’s website Kwenta’s website Perennial’s website Perennial’s website Perennial’s launch announcement Perennial’s launch announcement About Kwenta And Perennial Kwenta : As a leading platform for derivatives trading, Kwenta has facilitated over $50 billion in volume on Optimism and Base. The platform is expanding to Arbitrum to launch its perpetual marketplace, a single app to compare and trade on multiple onchain venues. Kwenta Kwenta Perennial : Perennial is a pioneering DeFi liquidity layer that offers a hyper-efficient infrastructure for a variety of trading applications. Its modular and efficient design supports customized markets, leveraging fast execution and capital efficiency to power DeFi apps. Perennial Perennial Contacts Burt Rock Kwenta burt@kwenta.io Lucas Terry Perennial lucas@perennial.finance This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Kwenta And Perennial: How They Are Kickstarting the Arbitrum Expansion With 1.9M ARB

Kwenta এবং বহুবর্ষজীবী: কিভাবে তারা 1.9M ARB দিয়ে আরবিট্রাম সম্প্রসারণ শুরু করছে

Kwenta und Perennial: Wie sie die Arbitrum-Expansion mit 1,9 Mio. ARB ankurbeln

Kwenta y Perennial: cómo están impulsando la expansión de Arbitrum con 1,9 millones de ARB

Kwenta et Perennial : comment ils lancent l'expansion d'Arbitrum avec 1,9 million d'ARB

क्वेंटा और पेरेनियल: कैसे वे 1.9M ARB के साथ आर्बिट्रम विस्तार को गति दे रहे हैं

Kwenta と Perennial: 190 万 ARB で Arbitrum の拡大を加速させる方法

Kwenta와 Perennial: 190만 ARB로 Arbitrum 확장을 시작하는 방법

Kwenta e Perennial: como estão iniciando a expansão da Arbitrum com 1,9 milhão de ARB

Kwenta и Perennial: как они запускают расширение Arbitrum с помощью 1,9 млн ARB

Kwenta ve Perennial: 1,9 Milyon ARB ile Arbitrum Genişlemesini Nasıl Başlatıyorlar?

Kwenta và Perennial: Họ đang khởi động việc mở rộng Arbitrum với 1,9 triệu ARB như thế nào

Kwenta 和 Perennial：如何利用 190 万 ARB 启动 Arbitrum 扩张

GRAND CAYMAN, Cayman Islands, July 9th, 2024/Chainwire/--In a step forward for the derivatives ecosystem on Arbitrum, two prominent DeFi projects, GMX and Gains Network, have unveiled bids to integrate their platforms into Kwenta’s upcoming perpetuals marketplace. Kwenta, the leading perpetual futures exchange on Optimism, expanded its reach earlier this year by launching the Base network, reflecting a larger plan to connect derivatives liquidity across multiple chains. This announcement follows the recent approval of a grant from the Arbitrum DAO aimed at supporting Kwenta's initial expansion to the Arbitrum network. Product Offerings from GMX and Gains NeNetwork GMX and Gains Network have submitted their proposals to integrate their liquidity into Kwenta's platform. These integrations aim to enhance the trading experience for Kwenta users by providing access to additional markets and liquidity, while taking advantage of Kwenta’s UX-focused roadmap, which includes allowing traders to log in with traditional web2 credentials and sponsoring gasless transactions. GMX v2, Arbitrum’s flagship perpetual futures AMM (Automated Market Maker), built on the initial success of their v1 product by being the first to integrate Chainlink Data Streams, a low latency product from the leading oracle provider aimed at high-performance applications. The lower fees and wider selection of markets available on GMX v2 allowed the offering to quickly grow in popularity with onchain traders. Gains Network, known for its gTrade platform, offers a wide variety of trading pairs, including cryptocurrencies, forex, and commodities, supported by their decentralized oracle network. Gains Network’s innovative approach to perpetual futures provides traders access to up to 150x leverage on a growing list of nearly 200 markets. Strengthening the Arbitrum Ecosystem The integration of GMX and Gains Network into Kwenta’s perpetuals marketplace is expected to drive growth in the onchain perpetuals space by allowing users to easily access advanced DeFi products from Kwenta’s easy-to-use UX layer. While retail-focused applications have made huge steps forward in allowing users to quickly access the best prices for token swaps and bridging, onchain leverage has remained a complex product for more sophisticated DeFi enthusiasts. This strategic expansion brings Arbitrum’s most popular derivatives trading venues under a single platform, providing a simple and familiar experience for traders new to onchain products. Kwenta’s roadmap promises to build on these quality of life features, allowing users to interact with multiple protocols in a single application. Looking Ahead Kwenta is currently inviting community feedback on these proposals as it moves towards finalizing its perpetuals marketplace. The potential integrations with GMX and Gains Network align with Kwenta’s mission to provide a superior decentralized trading experience. With these developments, Kwenta is aims to become a leading venue for DeFi derivatives trading on Arbitrum. About Kwenta Kwenta is an onchain derivatives marketplace on Optimism, Base, and Arbitrum. The platform offers easy-to-use tools to access deep liquidity and low fees onchain, while users retain full custody of their funds. With over $50 billion in trading volume through its community-governed platform, Kwenta is committed to developing tools that bring DeFi to everyone.For more details, users can follow Kwenta's governance discussion channels on Discord. Contact MarketingDAO PM Burt Rock Kwenta info@kwenta.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here GRAND CAYMAN, Cayman Islands, July 9th, 2024/Chainwire/--In a step forward for the derivatives ecosystem on Arbitrum, two prominent DeFi projects, GMX and Gains Network, have unveiled bids to integrate their platforms into Kwenta’s upcoming perpetuals marketplace. Kwenta, the leading perpetual futures exchange on Optimism, expanded its reach earlier this year by launching the Base network, reflecting a larger plan to connect derivatives liquidity across multiple chains. This announcement follows the recent approval of a grant from the Arbitrum DAO aimed at supporting Kwenta's initial expansion to the Arbitrum network. Product Offerings from GMX and Gains NeNetwork GMX and Gains Network have submitted their proposals to integrate their liquidity into Kwenta's platform. These integrations aim to enhance the trading experience for Kwenta users by providing access to additional markets and liquidity, while taking advantage of Kwenta’s UX-focused roadmap, which includes allowing traders to log in with traditional web2 credentials and sponsoring gasless transactions. GMX v2, Arbitrum’s flagship perpetual futures AMM (Automated Market Maker), built on the initial success of their v1 product by being the first to integrate Chainlink Data Streams, a low latency product from the leading oracle provider aimed at high-performance applications. The lower fees and wider selection of markets available on GMX v2 allowed the offering to quickly grow in popularity with onchain traders. Gains Network, known for its gTrade platform, offers a wide variety of trading pairs, including cryptocurrencies, forex, and commodities, supported by their decentralized oracle network. Gains Network’s innovative approach to perpetual futures provides traders access to up to 150x leverage on a growing list of nearly 200 markets. Strengthening the Arbitrum Ecosystem The integration of GMX and Gains Network into Kwenta’s perpetuals marketplace is expected to drive growth in the onchain perpetuals space by allowing users to easily access advanced DeFi products from Kwenta’s easy-to-use UX layer. While retail-focused applications have made huge steps forward in allowing users to quickly access the best prices for token swaps and bridging, onchain leverage has remained a complex product for more sophisticated DeFi enthusiasts. This strategic expansion brings Arbitrum’s most popular derivatives trading venues under a single platform, providing a simple and familiar experience for traders new to onchain products. Kwenta’s roadmap promises to build on these quality of life features, allowing users to interact with multiple protocols in a single application. Looking Ahead Kwenta is currently inviting community feedback on these proposals as it moves towards finalizing its perpetuals marketplace. The potential integrations with GMX and Gains Network align with Kwenta’s mission to provide a superior decentralized trading experience. With these developments, Kwenta is aims to become a leading venue for DeFi derivatives trading on Arbitrum. About Kwenta Kwenta is an onchain derivatives marketplace on Optimism, Base, and Arbitrum. The platform offers easy-to-use tools to access deep liquidity and low fees onchain, while users retain full custody of their funds. With over $50 billion in trading volume through its community-governed platform, Kwenta is committed to developing tools that bring DeFi to everyone.For more details, users can follow Kwenta's governance discussion channels on Discord. Contact MarketingDAO PM Burt Rock Kwenta info@kwenta.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Kwenta Receives Proposals To Integrate GMX And Gains Network Into Perpetuals Marketplace

Kwenta GMX একীভূত করার প্রস্তাব পেয়েছে এবং চিরস্থায়ী মার্কেটপ্লেসে নেটওয়ার্ক লাভ করেছে

Kwenta erhält Angebote zur Integration von GMX und gewinnt Netzwerk in Perpetuals Marketplace

Kwenta recibe propuestas para integrar GMX y gana red en el mercado perpetuo

Kwenta reçoit des propositions pour intégrer GMX et gagne du réseau dans le marché perpétuel

क्वेंटा को GMX को एकीकृत करने और पर्पेचुअल्स मार्केटप्लेस में नेटवर्क हासिल करने के प्रस्ताव प्राप्त हुए

クウェンタはGMXを統合する提案を受け、永久債マーケットプレイスにネットワークを獲得

Kwenta는 GMX를 통합하고 Perpetuals Marketplace에 네트워크를 확보하라는 제안을 받았습니다.

Kwenta recebe propostas para integrar GMX e ganha rede no mercado perpétuo

Kwenta получает предложения по интеграции сети GMX и Gains в рынок бессрочных контрактов

Kwenta, GMX'i Entegre Etmek ve Ağı Sürekli Piyasaya Kazandırmak İçin Teklifler Aldı

Kwenta nhận được đề xuất tích hợp GMX và tăng mạng lưới vào thị trường Perpetuals

Kwenta 收到整合 GMX 和获得网络进入永久资产市场的提案

5 Steps to Build an Exchange-Optimized L3 Rollup "Eventum"

5 pasos para crear un paquete acumulativo L3 optimizado para Exchange "Eventum"

5 koraka za izgradnju L3 skupnog paketa "Eventum" optimiziranog za Exchange

5 שלבים לבניית אוסף L3 המותאם ל-Exchange "Eventum"

Exchange に最適化された L3 ロールアップ「Eventum」を構築するための 5 つの手順

5 étapes ya kotonga "Eventum" ya Rollup L3 optimisée na échange.

5 ຂັ້ນຕອນເພື່ອສ້າງການແລກປ່ຽນແບບ L3 Rollup "Eventum" ທີ່ດີທີ່ສຸດ.

5 krokov na vybudovanie súhrnu L3 „Eventum“ optimalizovaného pre výmenu

Hatua 5 za Kuunda "Tukio" la L3 lililoboreshwa na Ubadilishanaji

5 Қадам барои сохтани як маҷмӯаи барои мубодилаи оптимизатсияшудаи L3 "Eventum"

Bir Exchangea-optimizirlenen L3 Rollup "Waka" gurmak üçin 5 ädim

Borsaya Optimize Edilmiş L3 Rollup "Eventum" Oluşturmak İçin 5 Adım

5 кроків для створення оптимізованого для Exchange зведеного пакета L3 "Eventum"

How to Build a High-Performance TCP Server from Scratch

GMX v2 and Its Competitors: The New Wave In the Decentralized Derivatives Market And Its Impact

SINGAPORE, Singapore, April 3rd, 2024/Chainwire/-- Bitlayer Labs, the first Bitcoin Layer 2 solution based on BitVM, announced a seed round of $5M led by Framework Ventures and ABCDE Capital, participation by StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital and many more. The announcement comes as Bitlayer prepares the launch of its open-incentive program Ready Player One, inviting developers worldwide to augment, enhance, and build on the protocol. Bitlayer Labs, the developer of Bitcoin Layer 2 protocol , announced today the close of a $5 million seed funding round at an $80 million valuation, driving a vision to become the computation layer of Bitcoin. Bitlayer Investors & Ecosystem Partners Blockchain-based venture firms Framework Ventures and ABCDE Capital led the round, with participation from StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic Capital, Kestrel, Global Coin Research, Pivot Global, and Web3Port. Many other incredible investors added value to the seed round. Prominent angel investors including Messari CEO Ryan Selkis, Messari co-founder Dan McArdle, Asymmetric Capital founder Dan Held, Hacken CEO Dyma, Sky Mavis CEO Trung and CTO Andy, and Kyber Network founder Loi Luu, among others, joined in capitalizing the round. Bitlayer’s seed round was delivered soaring value-add support from ecosystem partners including Hacken, AWS Cloud, Ankr, Polyhedra, Babylon, Particle Network, Meson, Nubit, BitSmiley, TokenPocket, Xverse, Flash Protocol, Umoja.xyz, RunesTerminal, and more. The Bitlayer Network Bitlayer is the first Bitcoin Layer 2 network based on BitVM, offering Bitcoin-equivalent security and Turing completeness. The protocol aims to build a more scalable and interconnected Bitcoin ecosystem. The securing of new capital pushes Bitlayer's lead in paving the way for more Bitcoin Layer 2 use cases, a race that will propel Bitcoin to prevail over other blockchains in size, scalability, and security. The fund will also enable Bitlayer to grow its team by hiring across business development and engineering faculties to support global expansion efforts. Investment firms are increasingly optimistic about the Bitcoin ecosystem as Bitlayer is rapidly gaining prominence, capturing the industry's attention. Investor Remarks Roy Learner, partner at Framework Ventures, spoke on the augmentation of Bitlayer with BitVM: “We are excited to back Bitlayer as they launch the first Bitcoin Layer 2 network based on BitVM. Looking at the trade-off space, BitVM struck us as the most practical approach to bring scalability and expressiveness into the BTC ecosystem without sacrificing security.With over $1T of global wealth looking to productively utilize their BTC, Bitlayer opens up the design space to introduce novel DeFi use cases and applications. Led by a team of OGs, we've been impressed by Kevin and Charlie's blend of deep technical background and rich crypto experience and are excited to partner with them as they deliver on their vision of making Bitcoin a more productive asset.” Qiao Wang, co-founder of Alliance DAO, emphasized the future of Bitlayer and Bitcoin L2s in the emerging era: “I spent the vast majority of my intellectual, social, and financial capital in the Ethereum ecosystem in the last decade, but deep down I've always been a Bitcoiner. The possibility to enhance Bitcoin's expressiveness and scalability via L2s such as Bitlayer is the most exciting moment in the history of Bitcoin. That is because there's over $1T of wealth stored on Bitcoin, and the holders would want to do something productive with it. Greater expressiveness and scalability enable this. Bitlayer is one of the most experienced, passionate, and technically capable teams to tackle this problem.” In the midst of building Bitlayer, co-founder Charlie Hu shared his thoughts on the protocol’s milestone: "This support signifies investors’ and builders’ trust in Bitlayer and the team, and demonstrates a robust backing for the Bitcoin ecosystem and the future of Bitcoin DeFi at large." Bitlayer ventures into the future of Bitcoin with newly supplied capital, anticipating a rush of development activity and investor interest in the Bitcoin Layer 2 space. "Bitlayer is dedicated to bringing super scalability into the Bitcoin ecosystem, with hundreds of millions of potential users as an addressable market," said Kevin He, co-founder of Bitlayer. "We’ve created the best, easiest-to-use scalability product in order to give users better fee rates and faster actions, all based on Bitcoin’s security foundation." With the approach of the Bitcoin halving event, the need for a robust Bitcoin ecosystem becomes more important than ever. Bitlayer’s exacting design and rigorous security auditing in preparation for public mainnet launch primes the protocol for a flourishing builder ecosystem. Mainnet launches on April 5th, with more milestones arriving soon on the project’s development pipeline. Ready Player One– Ecosystem Incentive Program. To accelerate ecosystem development and incentivize projects to deploy on the Bitlayer mainnet, Bitlayer is launching a series of ecosystem incentive programs– starting with the first event, Ready Player One. The campaign is an open incentive program designed to distribute token rewards valued at over $50M to protocols and teams that deploy to the Bitlayer mainnet and demonstrate exceptional performance. Bitlayer’s growth is accelerating, urging strong projects to join its ecosystem to grow the protocol in exponential ways. Bitlayer commits to providing comprehensive ecosystem support for all projects, offering the following resources to builders: Potential investment from the foundation and institutions Initial liquidity support Comprehensive product development resources Mentorship and pitch opportunities from top-tier incubators Support from the Bitcoin community and OGs Ecosystem collaboration and co-creation Users can find the full article for more information. here About Bitlayer is the first Bitcoin Layer 2 network based on BitVM, offering Bitcoin-equivalent security and Turing-completeness. Bitlayer is committed to becoming the computation layer for Bitcoin. It introduces ultra-scalability and inherits Bitcoin’s L1 security, providing users with high throughput and a low-cost transaction experience. Bitlayer Github Contact Digital Marketing Manager Sky Harris Bitlayer skyler@bitlayer.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

Bitlayer, a Leading Bitcoin L2, Nets $5M In Funding, Unveils $50M 'Ready Player One' Program

This paper is available on under CC 4.0 license. Arxiv Authors: (1) Md Masud Rana, Department of Mathematics, University of Kentucky; (2) Duc Duy Nguyen, Department of Mathematics, University of Kentucky & ducnguyen@uky.edu. Table of Links Abstract & Introduction Datasets and Results Methods Conclusion, Data and Software Availability, Competing interests, Acknowledgments & References 4 Conclusion The study of protein-protein interactions (PPIs) and the prediction of mutation-induced binding free energy changes are of great importance in understanding the molecular basis of biological processes. The application of geometric graph theory and atom-level graph coloring techniques provides a powerful framework for analyzing biomolecules and capturing their intricate relationships. By utilizing the concept of geometric subgraphs and constructing multi-scale weighted colored geometric subgraphs (MWCGS), we can effectively represent the structural and functional properties of PPIs. The site-specific MWCGS features allow us to extract meaningful patterns and characteristics, shedding light on the effects of mutations and the underlying molecular interactions. In this work, we developed a mutation-induced binding free energy change predictor, called GGL-PPI, by incorporating site-specific MWCGS features for PPIs and gradient-boosting trees. Our method demonstrates superior performance compared to existing methods. The model was validated on three datasets: AB-Bind S645, SKEMPI 1.0 S1131, and SKEMPI 2.0 S4169 and S8338, showcasing its robustness and effectiveness. Furthermore, GGL-PPI was evaluated on a blind test set, the Ssym dataset. To prevent data leakage between the test and training sets, the model was trained on a homology-reduced balanced training set Q3488. This approach ensures the reliability and fairness of the evaluation process. GGL-PPI exhibits the most unbiased and superior performance in predicting binding free energy changes for both direct and reverse mutations, outperforming other existing methods, particularly for reverse mutations. Overall, the results highlight the potential of the GGL-PPI approach in accurately predicting mutation-induced binding free energy changes in protein-protein interactions, providing valuable insights into the molecular mechanisms underlying protein-protein interactions and facilitating drug design and discovery efforts. 5 Data and Software Availability The source code is available at Github: https://github.com/NguyenLabUKY/GGL-Mutation. 6 Competing interests No competing interest is declared. 7 Acknowledgments This work is supported in part by funds from the National Science Foundation (NSF: # 2053284, # 2151802, and # 2245903), and the University of Kentucky Startup Fund. References [1] Dana Chuderland and Rony Seger. 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PPIs and the Prediction of Mutation-Induced Binding Free Energy Changes: What It All Means

This paper is under CC 4.0 license. available on arxiv Authors: (1) Shreyash Mishra has an equal contribution from IIIT Sri City, India; (2) S Suryavardan has an equal contribution from IIIT Sri City, India; (3) Megha Chakraborty, University of South Carolina, USA; (4) Parth Patwa, UCLA, USA; (5) Anku Rani, University of South Carolina, USA; (6) Aman Chadha, work does not relate to a position at Amazon from Stanford University, USA, or Amazon AI, USA; (7) Aishwarya Reganti, CMU, USA; (8) Amitava Das, University of South Carolina, USA; (9) Amit Sheth, University of South Carolina, USA; (10) Manoj Chinnakotla, Microsoft, USA; (11) Asif Ekbal, IIT Patna, India; (12) Srijan Kumar, Georgia Tech, USA. Table of Links Abstract & Introduction Related Work Task Details Participating systems Results Conclusion and Future Work and References 6. Conclusion and Future Work In this paper, we summarize the approaches used by the participants for the Memotion 3 task and analyze the results. Due to the multi-modal nature of the dataset, all teams use a pre-trained image and text embedding models. However, each team presents a novel model pipeline. The highest scores achieved in Task A, Task B and Task C of Memotion 3.0 are 34.41%, 79.77% and 59.82% respectively, which shows there is significant room for improvement. On analysis of the results and the mis-classified examples on the test set, we find that "Sarcasm" and "Humour" are difficult to identify, especially in code-mixed memes. While we address Hind-English code-mixed memes in this paper, future work could include exploring other languages/language pairs. A unified baseline model to analyze memes in multiple languages could also be an interesting possibility. References [1] R. Dawkins, The selfish gene, Granada Publishing Lim, 1979. [2] A. Marwick, Memes, Contexts 12 (2013) 12–13. [3] N. Akhther, Internet memes as form of cultural discourse: A rhetorical analysis on facebook, 2018. doi:10.31234/osf.io/sx6t7. [4] S. 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