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See Figure: Multi-layered Architecture of the DeFi Stack). While they share common components of the first four layers, such as the Settlement layer, Asset layer, Protocol layer and Application layer, DEX aggregators have an additional component or Aggregator layer, which allows them to connect and interact with other DEXs via smart contracts.
A logo for Bitcoin, the first decentralized cryptocurrency The genesis block of Bitcoin's blockchain, with a note containing The Times newspaper headline. This note has been interpreted as a comment on the instability caused by fractional-reserve banking.
Development of Axie Infinity started in 2017, led by its co-founder and CEO, Nguyen Thanh Trung, alongside Tu Doan, Aleksander Larsen, Jeffrey Zirlin, and Andy Ho. [24] [25] Nguyen had previously spent money on the game CryptoKitties before he began work on his own blockchain-based game, combining elements of CryptoKitties with gameplay from the Pokémon series or Neopets.
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Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum.As with Ethereum, it uses a proof of stake consensus mechanism for processing transactions on-chain.
1inch deploys on Avalanche as the integration aims to provide 1inch users access to Avalanche-based liquidity sources and more..
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LBRY (pronounced "library") [4] is a blockchain-based file-sharing and payment network that powers decentralized platforms, primarily social networks and video platforms.In September 2020, Odysee was created, a video hosting platform created and founded by Julian Chandra, an open-source video-sharing website that uses the network, which was split into a separate company on October 1, 2021.