Soroswap: Bridging Wallets, Indexing, and Decentralized Protocols
DevMonster
Posted on October 17, 2023
In the article that follows, we'll explore 10 potential collaborations that could emerge from this SCF initiative, either presently or down the line.
We work with indexing solutions like SubQuery and Mercury, which offer quick access to blockchain data without having to trawl through the entire transaction history. Our focus is on speedy, easy-to-digest information to identify optimal trading routes for users. We're actively contributing to their development by offering constructive feedback.
Additionally, we may partner with wallet services like Meru, Beans App, CashAbroad, and Decaf. These platforms might be interested in allowing their users to hold various assets in the Soroban ecosystem or to open savings accounts via liquidity provision in the Soroswap protocol. Our role is to develop software that these wallets can easily integrate into their existing operations.
Slender and SStream, both decentralized protocols, aim to innovate financial transactions in unique ways. Slender, built on the Soroban framework, focuses on peer-to-peer lending with fluctuating interest rates dictated by market conditions. It could also expand its utility by allowing users to use LP tokens from Soroswap as collateral or enable token conversions post-borrowing. Similarly, SStream, designed for continuous payment streams, could allow immediate token conversion using Soroswap. Both platforms could benefit from a SDK for seamless front-end integration and/or immediate utilization of Soroswap post-contract interactions.
Axelar is focused on enabling interoperability between different blockchains. They have expressed interest in integrating with our platform as a way to introduce new users from other networks to Soroswap.
For Haciendo Stellar, our best collaborative approach involves crafting educational content about Soroswap and Soroban, specifically tailored for the Spanish-speaking audience, as we have several native Spanish-speaking developers at Paltalabs.
Posted on October 17, 2023
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