Arbitrage Trading in DeFi

Dubai, UAE, 30th November 2023, DeFi traders have many arbitrage opportunities thanks to the rising popularity of the industry. Unlike trading on centralized exchanges, DeFi trading offers advantages such as improved privacy, lower fees, access to flash loans, etc. Let’s explore various crypto arbitrage, potential risks, and such a valuable tool as a flash loan.

Popular Arbitrage Strategies

Arbitrage trading utilizes various strategies, one of which is cross-exchange arbitrage. It involves buying cryptocurrency on one exchange and selling it on another to make a profit. Exchanges can be placed in different countries or time zones, leveraging differences in supply and demand across the world. Alternatively, traders can combine decentralized and centralized exchanges to find more opportunities. 

The second popular strategy is triangular arbitrage, which exploits pricing inefficiencies between three cryptocurrencies instead of two. This strategy is more complicated and requires traders to accurately estimate their potential profits before taking action, even more than cross-exchange arbitrage. 

The third popular strategy is cross-domain arbitrage (In crypto, domains mean separate entities, such as exchanges, side-chains, L2 networks, blockchains., etc.). This type of trading is closely linked to the concept of MEV — traders who work as validators engage in the practice of manipulating transactions to earn as much as possible. 

Flash Loans

Suppose two exchanges sell the same token at different prices. Any trader can buy the token from one exchange and sell it on another, earning a profit. Since price differences are often tiny, profit largely depends on the trading amount. Since not all traders have thousands of dollars on their hands, flash loans can help them take advantage of a good profit opportunity, even without significant funds. 

Flash loans let a user borrow assets with no upfront collateral as long as the borrowed assets are paid back within the same blockchain transaction. Such loans offer many possibilities to traders engaged in arbitrage, yet they have one major downside: technical complexity. Flash loans can be quite challenging to execute since they require advanced technical knowledge that is often beyond the scope of regular traders. Furthermore, automated arbitrage bots have dominated the flash loan market, making it even more difficult for not-advanced traders to find profitable opportunities.

Potential Risks

Arbitrage trading involves several risks, such as excessive fees, time delays, and problems related to arbitrage bots. To mitigate these risks, traders can limit their activities to exchanges with reasonable fees, deposit funds on multiple exchanges to diversify platforms they can quickly use, consider all possible delays, and take time to learn how to work with bots most efficiently and securely. 

Conclusion

It is essential to have a comprehensive understanding of the market, its risks, and opportunities when engaging in DeFi arbitrage. It involves an analytical approach to assessing the market state, identifying potential opportunities, executing trades at the right time, and acquiring enough knowledge to operate bots. Moreover, staying up to date with the latest developments in the DeFi space can offer insights into emerging opportunities for arbitrage. 

With all this in mind, DeFi arbitrage presents a lucrative opportunity for those willing to learn, devise strategies, and assume responsibility for potential risks.

Kinetex Network: Website | Kinetex dApp | Blog | Twitter | YouTube

Pixlr 2024 is once again disrupting the space with powerful AI photo editing tools

Singapore, 30th November 2023, ZEX PR WIREPixlr (Pixlr Pte Ltd), a leading photo-editing software company, is turning 15 years and disrupting the editing space yet again with its biggest update ever. With an emphasis on AI-powered tools, this is Pixlr’s biggest release in years and these powerful editing features were, until today, only seen in top-end software. This release makes Pixlr’s powerful editing features available to everyone, whether on desktop, tablet, or mobile.


Image Credits: Pixlr 2024

Pixlr 2024, with its AI-driven features, marks the end of tedious manual adjustments and time-consuming trial and error. The suite includes an expanded set of AI tools in Pixlr Express, designed to maximize efficiency in editing and design. Users can now achieve perfect results swiftly, demonstrating the core belief in maximizing work while minimizing effort.

Part of the Pixlr 2024 release:

  • AI Generative Fill: Select any area of the image and seamlessly replace it with content generated from text prompts, allowing users to save time on editing and make every image perfect in just seconds.
  • AI Generative Expand: Expands images intelligently by allowing the image to break free from its borders. Understands the context of images and constructs the unseen parts.
  • AI Backdrop: Get creative with AI Backdrop, as it gives an image a new look and feel by adding depth and motion blur for an extra layer of dynamic effect or generate a new background through prompts.
  • AI Super Scale: Enhances photo quality during enlargement by up to 400% without compromising on the details. It’s not just upscaling; it’s upgrading.
  • Remove Object: Automatically removes unwanted objects, people or defects. Erase any flaw or unsightly blemishes with absolute precision. 
  • Remove Background: One-click seamless background remover. Add outline and shadow upon removing the background.
  • New Filters and Effects: Broadens the creative spectrum with various styles and enhancements. Enhance the image quality dramatically with High Dynamic Range (HDR) as well as popular filters like Dispersion, Bokeh and Focus, Glitch, Mirror and more. 

Pixlr 2024 isn’t just an update; it’s a game-changer. Its commitment to pioneering innovation in online capabilities remains unwavering, ensuring the delivery of excellent retouching, drawing, filter, and effect tools. The Company operates with a vision where AI understands the nuances of human imagination and offers suggestions, automates tasks, and refines outputs in order to make the creative process not only smarter, but also faster and more intuitive.

“We are incredibly proud to announce the release of Pixlr 2024, which comes loaded with multiple new AI-powered tools,” said Pixlr founder Ola Sevandersson. “Empowering creativity through innovation has always been our mission at Pixlr. Our goal has always been beyond providing just tools; we’re unlocking new dimensions of artistic expression through cutting-edge AI technology.”

Pixlr 2024 is now available on the website.

For more information, visit Pixlr 2024 at: https://pixlr.com/.

ABOUT PIXLR

Pixlr was introduced in August 2008 to enable everyone to create, edit and share images online with ease. Pixlr is a freemium platform leveraging AI and machine learning to revolutionize content creation. Pixlr is used by nearly 10 million users monthly, with its mobile apps having been downloaded more than 130 million times since launch.

https://www.pixlr.com

Renowned Author John Cooper Releases Highly Anticipated Two-Part Novel: The Recycling of Nathan Scrzimshaw

Inspired by his own struggle to come to grips with his understanding of the Self and the Supernatural, John Cooper crafts a fascinating narrative that is both haunting and eerie.

Dubai, UAE, 30th November 2023, ZEX PR WIRE, Author John Cooper, known for his thought-provoking approach to life, human existence, and identity, has announced the release of his first book, “The Recycling of Nathan Scrzimshaw.” This two-part novel is set to entertain readers with its bold storyline and unforgettable characters.

Part I: “Draco Antics” introduces readers to the central character, Nathan Scrzimshaw, an adolescent schoolboy whose father, Greg, is determined to see him excel in mathematics despite Nathan’s apparent lack of promise in the subject. A chance encounter with Danie de Bruin, a TV quiz show celebrity from Cape Town, South Africa, sets in motion a series of bizarre events that lead to Nathan’s strange interactions with older and younger women. Nathan’s unique abilities are a side effect of the Draco Syndrome, which leads to a mysterious “glowing” that emanates from his groin. This syndrome takes center stage as he becomes a magnet for curiosity and jealousy, setting the stage for a tale of supernatural powers, hidden agendas, and unforeseen consequences.

Part II: “An Improbable Return” takes readers on a riveting journey as Nathan Scrzimshaw’s life takes an unexpected turn. Nathan’s body may be dead, but his spirit is still very much aware of its surroundings and is able to attend its own funeral. The story unfolds with a complex web of characters and their interconnected lives. When Nathan finds himself inhabiting the body of another young man, Wake Jones, the boundaries of reality and identity blur. Nathan must navigate this curious new existence, never quite sure what will happen.

Author John Cooper’s personal and professional journey is just as fascinating as his storytelling. Born in 1939, John traveled abroad, working as a young jackaroo in Australia, later serving in the British Army, and pursuing higher education. His extensive life experiences have undoubtedly influenced the depth and complexity of his narrative.

The Recycling of Nathan Scrzimshaw” represents Cooper’s ability to craft intricate and provocative stories that challenge conventional storytelling norms. Cooper’s work has garnered critical acclaim from early readers, making this release a must-read in the coming season.

With a narrative that seamlessly weaves together elements of mystery, the supernatural, and human connection, “The Recycling of Nathan Scrzimshaw” is a literary tour de force that is sure to leave readers spellbound.

Elevate Your Trek: Vital Walking Tips for Everest Base Camp Adventurers

Bagmati, Kathmandu, 30th November 2023, ZEX PR WIRE, The Everest Base Camp Trek stands as a pinnacle for adventure enthusiasts, offering breathtaking landscapes and a challenging trekking experience. As you gear up for this remarkable journey, it’s crucial to equip yourself not only with the right gear but also with the knowledge and preparation needed to ensure a safe and enjoyable expedition. Here, we delve into essential walking tips that cover everything from acclimatization practices to cultural etiquette, ensuring a holistic and successful Everest Base Camp trek.’

Acclimatization Practices

Altitude sickness is a real concern when trekking to high elevations. To mitigate this risk, prioritize acclimatization. Advise trekkers to follow a gradual ascent, spending extra nights at specific altitudes to allow their bodies to adjust. Educate them on recognizing symptoms of altitude sickness, such as headaches and nausea, and emphasize the importance of communicating any discomfort to their guides.

Choosing the Right Gear

Proper gear is paramount for a successful trek. Guide trekkers on selecting appropriate footwear for varied terrain, the significance of layering to adapt to changing weather, and the necessity of a comfortable backpack. Recommend checking the comprehensive gear list provided by reputable trekking agencies like Nepal Hiking Team.

Hydration and Nutrition

Staying hydrated and well-nourished is crucial for maintaining energy levels at high altitudes. Offer tips on water purification methods and suggest nutrient-rich, easily transportable foods. Encourage trekkers to carry snacks and stay vigilant about their fluid intake.

Physical Preparation

Preparing physically is essential for the challenging trek ahead. Advise on cardiovascular exercises, strength training, and potentially altitude training if possible. A well-conditioned body is better equipped to handle the physical demands of the trek.

Walking Techniques

Efficient walking techniques can significantly reduce fatigue during the trek. Share tips on pacing, using trekking poles for stability, and ensuring proper foot placement on uneven terrain. These techniques not only enhance endurance but also minimize the risk of injuries.

Navigating the Terrain

Different terrains present unique challenges. Offer guidance on safely navigating rocky paths, steep inclines, and high-altitude environments. Equip trekkers with the skills needed to confidently tackle diverse landscapes.

Mental Preparation

Long-distance trekking can be mentally taxing. Address the mental challenges and provide strategies for maintaining a positive mindset, even on difficult days. Encourage trekkers to embrace the journey, savor the moments, and celebrate small victories.

Cultural Etiquette

Respecting local culture is integral to a positive trekking experience. Provide insights into the customs and traditions of the region, advising trekkers on respectful interaction with local communities and sacred sites.

Environmental Responsibility

Promote environmental responsibility by emphasizing the ‘Leave No Trace’ principle. Guide trekkers on waste management, minimizing their environmental impact, and being conscious of their surroundings throughout the trek.

Safety and Emergency Procedures

Prioritize safety by discussing emergency procedures, the importance of travel insurance, and staying in contact with trekking groups or guides. Preparedness is key to handling unforeseen situations effectively.

By incorporating these walking tips into their preparation, trekkers can embark on the Everest Base Camp journey with confidence. These guidelines not only address the physical demands of the trek but also ensure a culturally respectful and environmentally sustainable adventure. 

PRIZ Guru Launches Engineering Problem-Solving Platform

PRIZ Guru introduces a unique solution to engineering challenges by integrating systematic and systemic problem-solving, ensuring process efficiency, production cost reduction, and uncovering hidden innovation opportunities.

Wilmington, DE, 30th November 2023, ZEX PR WIRE, PRIZ Guru has unveiled a problem-solving platform designed to address engineering challenges through a distinctive integration of systematic and systemic problem-solving methodologies. The platform not only prioritizes meeting customer needs but also emphasizes enhancing overall efficiency, cutting production costs, and revealing untapped opportunities for innovation


Image Credits: PRIZ Guru

PRIZ Guru offers a holistic response to the difficulties arising due to increasing production costs. In contrast to the status quo, which relies on guesswork and brainstorming, PRIZ Guru provides a strategic shift towards addressing engineering challenges from the ground up. It helps engineers overcome cognitive biases and think analytically. Through systematic and continuous approaches, PRIZ Guru provides a well-defined process with machine assistance, Process Functional Modeling, System Functional Modeling, Root Cause Analysis, and more.

By seamlessly integrating essential components such as project management and creative tools, PRIZ Guru provides a unique solution that eliminates the need for multiple unrelated tools. This inclusive approach guarantees a smooth and effective problem-solving process. The key is to help the engineering teams break out of psychological inertia caused by human natural cognitive biases, transforming the problem-solving process into analytical, systematic engineering thinking.

In addition to serving as a platform, PRIZ Guru also offers a whole ecosystem consisting of consultation, training, and an experienced staff of professionals. Choosing PRIZ Guru is a transformative decision to support cost-cutting, efficiency, and innovation.

To learn more, please visit – https://www.priz.guru/

About PRIZ Guru

PRIZ Guru is a leader in reshaping engineering problem-solving. This innovative platform alters traditional approaches, fostering a thoughtful and methodical engineering mindset. PRIZ Guru is the top choice for engineering organizations, offering a seamless integration of essential components. PRIZ Guru creates a thorough ecosystem that offers expert consulting, training, and unwavering support.

Liquidity Aggregation vs Flash Trade

Dubai, UAE, 30th November 2023, Kinetex dApp offers two modes of operation: Liquidity Aggregation and Flash Trade. These two modes of operation are a testament to the Kinetex team’s commitment to providing users with a comprehensive and user-friendly platform that can cover their crypto trading needs.

Liquidity Aggregation mode addresses the liquidity struggles that have plagued the DeFi industry for some time. With liquidity concentrated on popular centralized platforms, decentralized projects have struggled to provide enough liquidity for seamless operation. 

Kinetex has solved this issue by aggregating over 400 liquidity sources, including DEXes, DEX aggregators, cross-chain bridges, and protocols. Additionally, Kinetex has created a network of relay nodes to automate the swap process, making the app more user-friendly and efficient. 

Flash Trade mode, on the other hand, approaches cross-chain from a completely different angle. It solves several industry problems, including expensive gas fees, long execution times, and MEV attacks, by enabling direct trades between users and professional market makers. 

Let’s compare those two modes by looking at their approach to liquidity, speed, rates, asset and network coverage, and gas payments. 

Comparison

Kinetex users can access close to infinite liquidity through Liquidity Aggregation and Flash Trade. The former mode provides a way to aggregate liquidity across chains, while the latter relies on market makers, called resolvers in the Kinetex ecosystem, to offer sufficient liquidity to users. Resolvers can search for and compare liquidity from CeFi and DeFi platforms or even use their own funds.

Speed-wise, Flash Trade enables instantaneous swaps directly with market makers. If a swap exceeds 2 minutes due to some complications on a resolver’s side, a liquidation system is triggered to complete an order. 

Users can enjoy favorable rates in both modes. Liquidity Aggregation provides one of the best rates on the market thanks to search algorithms that automatically build optimal routes using aggregated liquidity sources. There is also the ability to modify slippage tolerance to suit user requirements. In Flash Trade, advantageous rates are possible due to the big competition among resolvers, which motivates them to offer better prices. 

Kinetex supports over 5,000 crypto assets across eight networks in the Liquidity Aggregation mode. In Flash Trade mode, liquidity depends on resolvers, which can source liquidity across DeFi and CeFi. 

Kinetex offers a gasless flow for both modes. In Liquidity Aggregation, users can pay gas fees using Universal Gasless. In Flash Trade, resolvers handle all gas payments for a more straightforward swap experience.

Conclusion

In summary, Liquidity Aggregation and Flash Trade are two modes that offer significant improvements to the crypto user experience. Despite the completely different approaches to executing transactions, these modes have a lot in common: they are designed to make swapping crypto more effortless and efficient for all users.

Kinetex Network: Website | Kinetex dApp | Blog | Twitter | YouTube

EarningsEdge.ai Launches An Innovative AI-Powered Platform For Event-Driven Investment Analysis

EarningsEdge.ai aims to transform investment research with a comprehensive investment research tool 

Tampa, FL, 30th November 2023, ZEX PR WIREEarningsEdge.ai reveals a platform designed to enhance event-driven investment analysis by utilizing advanced artificial intelligence for behavioral and sentiment analysis during corporate earnings calls. This technology aims to supplement traditional investment research methods, enabling investors to identify potential value in market trends and executive communications that may not be immediately apparent.


Image Credits: EarningsEdge.ai

At its core, EarningsEdge.ai is an investment research tool designed to enhance the efficacy of market analysis via an integrated event dashboard, providing deep insights from earnings calls. Leveraging sophisticated behavioral artificial intelligence technology, the platform examines an array of 30 distinct emotional states arising from the vocal patterns and micro-facial expressions of executive speakers through both their prepared remarks and the Q&A session.

The platform’s sentiment analysis feature analyzes each statement from the earnings call transcript and quantifies its impact on the future expected performance of the company. This granular assessment aids in constructing a more accurate representation of a company’s position and highlights the critical trends driving performance. To enhance user experience, EarningsEdge.ai provides a succinct summary of pivotal positive and negative statements, eliminating the need for investors to comb through extensive documents.

Recognizing the diversity in investment strategies, EarningsEdge empowers users with the flexibility to easily adjust baseline sentiment scoring of individual statements to reflect each investor’s individual perspectives and key points of interest. This level of customization underscores the platform’s dedication to catering to the unique needs of each individual investor and institution.

EarningsEdge.ai is positioned at the forefront of the investment analysis revolution, offering precision and efficiency in its event-driven insights. For teams of all sizes, the platform extends an invitation to prospective users to explore its unique offerings and experience the transformative impact of artificial intelligence on investment strategies.

To learn more, please visit – https://www.earningsedge.ai/

About EarningsEdge.ai 

EarningsEdge.ai hopes to transform investment analysis by harnessing its behavioral artificial intelligence and sentiment analysis models to decode executive speech patterns in earnings calls, offering predictive insights into company trajectories. Its advanced sentiment analysis model delves deep into transcripts, revealing pivotal trends that shape a comprehensive view of a company’s present and future outlook.

Toddle.dev Introduces Visual JavaScript Framework To Democratize App Development

Toddle.dev is redefining app development by introducing the visual JavaScript framework, allowing for the effortless development of high-quality web apps.

Copenhagen, Denmark, 30th November 2023, ZEX PR WIRE, Toddle.dev, a company on a mission to reinvent app development, is introducing the innovative visual JavaScript framework that makes creating professional web applications easier. Utilizing the finest concepts from cutting-edge JavaScript frameworks honed over the past ten years, toddle.dev’s framework is showcased through a user-friendly visual editor, removing the requirement for complex coding expertise. 


Image Credits: toddle.dev

With its many useful features, this next-generation development platform makes it easier to get from brainstorming to implementing. Toddle.dev enables users to create advanced and efficient, up-to-date apps, seamlessly progressing beyond the MVP stage. The platform emphasizes the importance of creative freedom, enabling users to create incredible web apps that align with their unique vision. This liberates them from the restrictions imposed by templates and technical limitations. 

Accessing data becomes effortless as toddle.dev seamlessly converts a no-code tech stack into a robust backend, effortlessly managing all databases and APIs. Toddle.dev prides itself on its ability to create dynamic content that allows users to build exceptional websites. The platform can export powerful and interactive web components compatible with popular tools such as Framer, Webflow, and more. Furthermore, it fosters collaboration with a lively community of experts, providing live collaboration, version control, hosting, and a 99.99% uptime guarantee.

Toddle introduces branching, a well-known concept from modern software development, to allow users to easily work on projects simultaneously, promoting a constant flow of creativity. Scalability and dependability are supported by Supabase’s optimized hosting process. Toddle.dev offers a global approach, ensuring lightning-fast load speeds across 285 edge locations. This aims to provide an exceptional user experience for people worldwide.

Toddle.dev is introducing a new “Time Travel” feature that allows users to revisit and copy old components or revert to previous app versions as needed. This feature adds a great deal of flexibility to the platform. In addition, the platform will soon introduce a library of components. This will allow users to access contributions from talented creators and actively participate in the thriving toddle.dev community. 

To learn more, please visit – https://toddle.dev/

To sign up, please visit – https://toddle.dev/signup

About Toddle.dev

Toddle.dev is a next-generation development platform that allows anyone to harness the power of code without writing any. Its main goal is to empower individuals to bring their ideas to life in a professional and impressive way. With its innovative visual JavaScript framework, toddle.dev aims to eliminate obstacles to app development, empowering individuals to transform their ideas into reality.

FXST Token Airdrop Round 1: Your Opportunity to Win $1000!
Your Opportunity to Win $1000!

Gurugram, India, 30th November 2023, FX Stock Token is excited to announce the launch of our first-ever token airdrop, giving the first 1000 participants a chance to win $1000 in FXST Tokens!
About FX Stock Token:
FX Stock Token (FXST) is a cutting-edge cryptocurrency at the forefront of transforming traditional finance. Built on blockchain technology, FXST offers a secure and decentralized platform for transactions, investments, and financial interactions. With a mission to empower users with seamless and transparent financial solutions, FXST introduces innovative features such as Gaming, Metaverse, Shopping, Dex Wallet, NFT Marketplace Dex or Cex and Blockchain Utility Portal.

As a forward-looking digital asset, FXST aims to bridge the gap between traditional and decentralized finance, providing users with the benefits of both worlds. Join the FX Stock Token community and participate in the financial revolution, where efficiency, security, and inclusivity converge to shape the future of finance.

Airdrop Details:
In our inaugural Airdrop Round 1- FX Stock Token is giving away $1000 in FXST Tokens to the first 1000 participants who complete the airdrop form. This is a fantastic opportunity to become a part of our growing community and benefit from the potential of FXST Tokens.

How to Participate:
Participating in the FXST Token Airdrop Round 1 is easy and takes just a few simple steps:

Visit the Airdrop Round 1 form at [ Link ].

Fill out the required information.
Submit the form and await your chance to win $1000 in FXST Tokens!

Important Dates:
Airdrop Round 1 Start Date: [ 20/11/2023] TIME: 12:00 AM
Airdrop Round 1 End Date: [19/12/2023] TIME: 12:00 AM

Airdrop Distribution Start Date: [ 25/12/2023] Time: 12:00 PM
Airdrop Distribution End Date: [ 30/12/2023] Time: 12:00 PM

fx airdrop
Why FXST Tokens?
FXST Tokens empower users with secure and efficient transactions, bridging traditional and decentralized finance. Experience the future of finance with innovative features and a community-driven approach.. By participating in our airdrop, you not only stand a chance to win a substantial reward but also become an early adopter of a cryptocurrency with immense potential.
Join Us in the FX Stock Coin Community:
Don’t miss this opportunity to join the FX Stock Token community!
Engage with us on:
Website: https://fxst.org/
Facebook: facebook.com/fxsttoken
Instagram: https://www.instagram.com/fxsttoken/
Twitter : https://twitter.com/fxsttoken

Join Our Telegram Channel To know more and updates:
Telegram: https://t.me/+J7lcFeROVvZmYWE9
for the latest updates, news, and discussions.

Media Contact:
FX Stock Token Team

E-mail: [email protected]

Note to Editors:
Please visit the Airdrop Link to participate in the FXST Token Airdrop Round 1.

Disclaimer:
This press release is for informational purposes only and does not constitute financial advice. Participants are urged to conduct their own research and seek professional advice before participating in the airdrop.

Cross-chain Interoperability Alliance Roundtable: Discussing a New Cross-chain Approach

Dubai, UAE, 30th November 2023, Kinetex co-founder Tigran Bolshoi finished the chain of his performances at different Devconnect events in Istanbul with the Cross-chain Interoperability Alliance Roundtable. There, he participated in discussions of ways to achieve cross-chain interoperability by creating innovative solutions that can help to make trading between chains more user-friendly and cost-effective. This way, the blockchain community can ensure the efficiency and successful adoption of DeFi.

Additionally, Bolshoi had a chance to present Kinetex’s new resolving approach and intents in a more informal setting with industry leaders who share Kinetex’s vision of a secure, collaborative, and innovation-driven decentralized future.

Initially, Bolshoi pointed out the challenges that cross-chain interoperability faces, such as safety concerns, poor user experience, and excessive gas payments and fees. Firstly, the two main factors that can compromise the security of cross-chain orders are the reliance on third-party validators and the use of wrapped tokens. While the former can be compromised, the latter causes liquidity fragmentation and insufficiency, worsening the stability of the crypto market. Secondly, inexperienced users are discouraged by poor user experience and long execution periods. Users are regularly taken aback by the number of actions that must be done during cross-chain transfers and forced to return to more user-friendly centralized services. Thirdly, cross-chain trades are often disadvantageous cost-wise due to excessive gas payments and fees.

Bolshoi showed a new approach based on intents and resolvers designed to overcome the problems mentioned above. The Zk light clients presented by Kinetex at the ETHGlobal hackathon this year help to enable instantaneous swaps between users and resolvers, eliminating the need to rely on third-party validators, use cross-chain bridges, and pay excessive gas fees. Moreover, the use of intents shifts all responsibility to the resolvers, allowing for more flexibility when completing orders. 

Bolshoi and the rest of the team were glad to participate in such a motivating event and discuss solutions that can positively affect the future of the crypto industry and DeFi in particular. 

Kinetex Network: Website | Kinetex dApp | Blog | Twitter | YouTube