Common, a versatile suite of tools for on-chain trading, prioritizes speed, privacy, and compliance with AML/CFT regulations. Leveraging Aleph Zero’s rapidity, scalability, and fraud-protected privacy layer, Common offers many benefits to you. Some of those benefits notably include deep liquidity, privacy-enhanced order mechanisms, multichain trading support, and specialized solutions for institutional investors. Additionally, there are features like seedless wallets and protection against MEV and front-running.
The release of Common’s Automated Market Maker (AMM) today heralds exciting advancements, including your enhanced user experience and streamlined processes for handling custom tokens. We have summarized some of the most interesting features of Common’s Mainnet launch for you!
Explore Common’s Features
Are you ready for a new era of DeFi? You can now explore exciting features on the Common AMM. By contributing to liquidity pools, you can earn rewards, and with liquidity farming, you can stake your tokens and see your rewards grow. Additionally, the MOST Bridge allows for the transfer of wBTC, ETH, USDT, and USDC to Aleph Zero. AMM swaps will become available after the initial liquidity-building period, starting on Thursday, May 23, 2024.
Furthermore, providing liquidity to Common brings several benefits, including earning fees on swaps in your contributed pools, receiving AZERO tokens for pools with enabled farms, and obtaining Common LP Drops, which are redeemable for CMN tokens. You can already join pools and farms on Common, and specifically, Common LP Drops start rewarding you from the moment you begin farming, with distributions occurring throughout the four seasons of the campaign.
24 Weeks of Rewards Await You!
More exciting news! Outside of the Common LP Drops, there will also be a series of Common Staking Drops. The extensive Common Drops campaign, which includes both Staking and LP Drops, kicks off now and will span 24 weeks. Explore the full details of the Common Drops campaign and earn rewards as we collectively build the future of privacy-focused DeFi!
Aleph Zero Entices Web3 Users with Alephoria Campaigns
Aleph Zero’s new initiative, Alephoria, is inviting Web3 enthusiasts to join the Aleph Zero ecosystem through a series of interactive campaigns as new projects launch. The blockchain is preparing for a wave of new users with the Alephoria campaign. Newcomers can anticipate airdrops and various promotional activities as they become part of the expanding ecosystem.
Currently, dozens of teams are actively developing innovative solutions on Aleph Zero. These projects span a wide range of areas, including DeFi, Web3 identity, liquid staking, RWA tokenization, content creation, and gaming. Central to this innovation is Aleph Zero’s modular and compliant approach to zero-knowledge (ZK) privacy.
The network boasts instant transaction finality with sub-second speeds, driven by AlephBFT, its proprietary consensus mechanism that integrates Directed Acyclic Graph (DAG) technology with Proof of Stake. Furthermore, its data confidentiality engine adeptly balances transparency with data protection, complying with AML/CFT regulations. These core features make Aleph Zero an appealing platform for users, developers, enterprises, and regulators globally.
Furthermore, the AZERO coin acts as a gateway to Alephoria, enabling users to participate in significant ecosystem-wide airdrop campaigns from various projects. The campaign will reward participants actively engaged in staking, both before and during the campaign, with rewards increasing based on the daily average of their stake throughout each round.
Experience Alephoria
The ecosystem is expanding rapidly, and Alephoria is your gateway to fully leveraging it. Numerous new Alephoria campaigns are either currently active or set to launch soon. These include:
- DRKVRS: A Web3 multiplayer action RPG game with innovative mechanics, set in a dystopian world. Users can sign up for their presale whitelist at TRANSRAAD DAO.
- Abax: A unique fair lending protocol. The Stakedrop, where stakers have already reserved $4M ABAX (20% of the tokens allocated for the first phase of the public contribution), is in its final stages.
- Upcade: A Web3 gaming hub powered by AZERO. Users can participate in the Block Spector Tournament, an FPP game tournament with a 70,000 AZERO reward pool.
- Kintsu: A liquid staking protocol. The Testnet implementation is already live, and early users can obtain OG roles, leading to potential airdrops.
- Aleph Zero x Galxe Takeover: Users are invited to explore the Aleph Zero ecosystem through on-chain questing with opportunities to win additional rewards.
- The Commoners: AZERO holders can acquire a unique NFT from The Commoners collection.
In Summary
The launch of Common, a versatile suite of tools for on-chain trading, marks a significant milestone in the evolution of DeFi on Aleph Zero. The release of Common’s AMM enhances user experience and streamlines processes for handling custom tokens, allowing users to earn rewards by contributing to liquidity pools, staking tokens, and utilizing the MOST Bridge for transferring assets.
Moreover, the extensive Common Drops campaign spans 24 weeks and includes both Staking and LP Drops, offering continuous rewards to participants. Additionally, the Alephoria initiative invites Web3 enthusiasts to join the expanding Aleph Zero ecosystem through interactive campaigns and airdrops, adding more excitement and opportunities. Aleph Zero’s innovative approach to blockchain technology, combined with robust privacy and compliance features, makes it an appealing platform for users, developers, and enterprises worldwide.
Are you staking your coins on Aleph Zero’s blockchain? Let us know in the comments!
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