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Ankr July Recap: DeFi, DeFi, DeFi

ANKR | 08.01| 24

July was a month of integrations and infrastructure. With the trend of DeFi getting hotter, you’ll also notice an uptick of DeFi projects that we are collaborating with.

Business update

Coinone infrastructure for Tron
First on the list is our successful Coinone integration. Coinone is a premier Korean based exchange that now allows users to stake Tron TRX tokens directly in their accounts. A feature that is powered in the background by Ankr, and paves the way for more exchange integrations with our technology.

Ferrum Network Integration
Second in our business updates is the integration with Ferrum Network and their entire product line. They originally were using Infura, but have moved away due to the robust and affordable cloud infrastructure we provide to blockchain-native enterprise clients.

Giving back with Oasis
Lastly, Ankr is giving back in our partnership with the Oasis Foundation. We’re closely working with the Oasis team and supporting the Oasis Community Node program, and providing free hosting to all approved members of the program.

Community Update

We know that constant interaction with our users is key to developing a personal connection which is why we also devote our time “partnering” with the community, if you will.

Ignite community launch
Ankr is heating things up with a move to Ignite, an uncensorable and decentralized microblogging social network with features that’ll be familiar for Twitter users. The service is built upon our partner Binance’s Smart Chain, and users can check us out here.

Celo Vote dApp launch
Governance is an essential part of many prominent cryptocurrencies but can be hard for the user just looking for passive income.

Our new CeloVote automates this and allows users to earn the maximum potential reward in a matter of seconds. The dApp is integrated with our platform and is just as easy as deploying any other node.

AMA with DeFi project Meter
Meter is one of the many DeFi projects we are collaborating with this month. What separates Meter from the rest is pegging its purchasing power to electricity, which results in far more stable value than any fiat currency.

Our AMA (following our partnership) transcript can be read here.

Development Update

DeFi Integrations
Besides Meter, we were also able to offer our services to upcoming projects Plutus DeFi and Keysians. Both are nascent platforms in the sector, and we look forward to seeing how our relationship with each deepens in the following months.

Polkadot, the next big thing
Polkadot’s validator node integration was completed this month, allowing users to interact with the protocol looking to connect all blockchains. Additionally, Polkadot parachains Bifrost and ChainX completed integration this month as well with more on the way.

Binance Smart Chain integration
Binance is working on a chain supporting smart contracts, optimized for developers and Ankr is thrilled to help.

Late last month we had launched developer tools to help get development going, and this month we followed up by enabling BNB staking for the Testnet! Keep an eye on this one, as we will release more news in the coming days!

Bitcoin Full node integration
The several hours (or days, depending on your system) that it takes to initialize the 300GB blockchain for Bitcoin core is one of the main reasons why there are so few nodes.

We’re excited to announce that Bitcoin full nodes are now part of our platform — and we will suggest our community on some things you can do with all the time you’ll be saving. Keep your eyes on our blog!

Additional full node integrations
Following on the heels of Bitcoin’s node integration, users can also now deploy full nodes to perform data analytics for the Decred, Elastos, ETH Classic, NEO, and Nuls native blockchains.

Looking forward

With the final ETH 2.0 testnet version “Medalla” being announced for an August 4th launch, we should start to see further developments for DeFi and Ethereum related dApps.

Regardless, Ankr is ready for when ETH 2.0 launches on the mainnet!

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Ankr July Recap: DeFi, DeFi, DeFi was originally published in Ankr on Medium, where people are continuing the conversation by highlighting and responding to this story.

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