New York, United States of America, July 30th, 2024, Chainwire

In a major leap towards simplifying the Web3 experience, Tria introduces ‘Unchained,’ a modular chain-abstraction infrastructure designed to streamline today’s fragmented asset management in Web3 and power a fluent UX on the Injective blockchain.

New ecosystems are emerging rapidly – causing a cluttered landscape of managing multiple wallets, fragmented assets and multiple blockchain-specific tooling. Tria allows users to use any asset on any dapp, across any chain without needing other wallets, bridging, or acquiring gas tokens – all powered by chain abstraction.

Now, Tria is bringing the incredible UX of chain-abstraction to the Injective ecosystem, a leading interoperable L1 blockchain to un-chain Web3 complexities – one step at a time. Injective is the fastest layer 1 blockchain with more than 800M on-chain transactions and an FDV (fully diluted market cap) of $2.5 Billion USD.

Unchained is a modular, Chain-abstraction AVS Layer 2 built on Cosmos SDK with dual-execution EVM compatibility. This innovative construct allows users to access assets and dApps on hundreds of chains with a centralized-exchange-like, real-time Web3 experience.

What Tria is bringing to Injective:

• Effortless Onboarding: No need to set up a new wallet for Injective. Login with SSO, or connect any previously unsupported wallets like MetaMask, or Phantom.
• Unified Assets: View and use any asset from any EVM or non-EVM blockchains using a unified interface.
• Seamless Trading & Staking: Eliminate complex bridging and trade or stake using any asset.
• No Gas Token : Pay Injective gas with any token from any chain with gas abstraction.

“This integration will revolutionize the user experience by allowing seamless interaction with any asset on any dApp across any chain,” said Eric Chen, CEO and co-founder of Injective Labs. “Users will no longer be encumbered by the complexities of switching wallets, bridging, or acquiring gas tokens, as all of this is seamlessly managed within Tria’s ‘Unchained’ infrastructure.”

In the coming months, chain abstraction will be rolled out within the Injective ecosystem, which is designed for building premier UX-first Web3 applications. From day one, this movement has seen profound involvement from leading dApps in the Injective ecosystem, including Helix, DojoSwap, Hydro Protocol, Neptune Finance, Injera, SA World, Kakeru, and Sushi Fighter. These integrations empower users to seamlessly access Injective’s variety of dApps with any asset from any chain. This paves the way for a truly unified DeFi experience. It eliminates the complexity of creating a Cosmos wallet, bridging assets to Injective, and obtaining gas tokens. Overall, this collaboration is poised to drive a major paradigm shift in the DeFi world.

“We are witnessing an industry-wide shift, with large ecosystems recognising the need for app layer chain abstraction wherein users can use any asset on any chain minus the complexities of multiple wallets, bridges and gas tokens – said Vijit Katta, Co-founder of Tria. Chain abstraction is no longer a choice—it is a necessity and we are thrilled to bring it to reality with Injective.”

About Tria

Tria is at the forefront of chain-abstraction innovation, empowering users and developers to access the entire Web3 without the friction of today’s user-experience. Built in stealth, by crypto degens and funded by OGs, Tria is thrilled to unveil the next monumental step in redefining the finance UX on Injective. 

Users can follow Tria and Injective on Twitter to stay up to date on what chain abstraction is set to enable for the ecosystem and the broader Web3 landscape. 

Users can follow Tria’s Twitter

Contact

Co-Founder
Vijit Katta
Tria
vijit@tria.so

Tequila, Canada, July 29th, 2024, Chainwire

Tequila Token ($TEQ) is set to launch on the Solana blockchain, introducing a new community-focused experience inspired by the culture and spirit of tequila. Tequila Token aims to provide an engaging and rewarding environment for its participants.

Key Features of Tequila Token

• Influencer Collaborations: Tequila Token has established partnerships with global influencers to promote the $TEQ community. Followers can expect to see their favorite social media personalities sharing their $TEQ experiences.
• Exciting Giveaways: The project will feature various giveaways, including exclusive Tequila Club memberships and Tequila Partybags, designed to engage and reward the community.
• Tequila Club: Membership in the Tequila Club offers exclusive benefits, including special rewards and engagement opportunities within the Tequila Token community.
• Partnerships with Salitos: Tequila Token is proud to announce its partnership with the renowned German tequila brand Salitos, with more exciting collaborations.
• Community Rewards: Participants can earn rewards by engaging in events and activities within the community, promoting a collaborative and rewarding atmosphere.

How to Participate

The Tequila Token launch is scheduled for July 30, 2024, at 17:00 UTC. Interested parties can follow Tequila Token on Instagram and join the official Telegram channel for the latest updates and information.

Launch Announcement

Tequila Token is set to make its debut on July 30, 2024, at 17:00 UTC. With a focus on community engagement, strategic partnerships, and rewarding experiences, Tequila Token aims to stand out in the crypto space this summer.

For more information, follow Tequila Token on social media and join the community to stay informed about upcoming events and opportunities.

About Tequila Token

Tequila Token ($TEQ) is a cryptocurrency launched on the Solana blockchain, inspired by the cultural heritage of tequila. The project focuses on creating an engaging and rewarding community experience through strategic partnerships, giveaways, and community activities.

Contact

Señor Shots
tequilameme0@gmail.com

Grand Cayman, Cayman Islands, July 26th, 2024, Chainwire

Kwenta, the leading onchain perpetuals exchange on the Optimism network, has partnered with Perennial to launch a new joint product and incentive program on the Arbitrum network. This initiative, backed by a substantial 1.9 million ARB grant, aims to attract new users and liquidity providers to Arbitrum and spark renewed interest in onchain perpetuals trading.

Kwenta and Perennial’s Expansion Strategy

Kwenta, known for being a UX layer for perps trading on Optimism and Base, is expanding its reach to Arbitrum in a bid to build a comprehensive marketplace for onchain perpetuals. This move is facilitated by Perennial V2, an Arbitrum-native protocol designed to be a hyper-efficient liquidity layer for derivatives trading. The joint initiative is designed to revitalize the popular AMM model for leveraged trading by providing traders with a powerful, familiar interface to interact with smart contract liquidity.

Perennial’s vision is to create a single, global liquidity layer where all markets, all chains, and all liquidity converge into one decentralized nexus. By integrating Kwenta’s premier trading interface with Perennial’s advanced perps infrastructure, users on Arbitrum will benefit from an optimized trading experience. Trade orders on selected Kwenta markets will be seamlessly routed through Perennial, ensuring efficiency and reliability. This collaboration combines Kwenta’s top-tier trading platform with Perennial’s hyper-efficient trading infrastructure, delivering the best possible experience for traders.

Incentive Program Details

The newly launched incentive program focuses on two main areas:

• Trading Rebates: Active traders will benefit from substantial fee rebates, making it more cost-effective to trade on the platform. This initiative is expected to drive trading volume and retain users.
• Liquidity Boosting: Liquidity providers will receive incentives to supply liquidity, ensuring deep and efficient markets. 

For more details on how to potentially earn rewards, users can visit Kwenta’s Rewards Blog for trading rewards details, or visit Perennial’s Discord server for information about rewards for providing liquidity.

Team Insights

Burt Rock, Marketing Lead at Kwenta, highlighted how far onchain perps have come, stating, “We’ve seen a lot of new perpetuals markets focused on improving the user experience, but most are making huge sacrifices in terms of decentralization. We want to show people you really can build decentralized apps which are incredible to use, and even better than offchain versions.”

Kevin Britz, CEO & Co-Founder at Perennial, added, “Kwenta has been a market leader in the perp vertical, regularly pushing over $100M in OI. We’re excited to welcome them to our home on Arbitrum and expand the number of teams leveraging Perennial infrastructure. In a saturated perps landscape, combining our protocol with Kwenta’s interface will lead to increased volume, deeper liquidity, and a CEX-level user experience.”

Future Outlook

The introduction of this incentive program represents a crucial step in the evolution of Kwenta and Perennial. With Kwenta concentrating on the UX and frontend aspects of trading and Perennial focusing on providing a robust liquidity layer, the collaboration is set to offer a decentralized trading experience that is both highly efficient and user-friendly. This model of specialization showcases how projects can synergize to deliver superior services in the DeFi space. The combined expertise of Kwenta and Perennial promises to elevate the standard of onchain perpetuals trading, making it more accessible and appealing to a wider audience.

For more information, users can visit Kwenta’s website and Perennial’s website. Users can also read Perennial’s launch announcement for additional details.

About Kwenta and Perennial

Kwenta: As a leading platform for derivatives trading, Kwenta has facilitated over $50 billion in volume on Optimism and Base. The platform is expanding to Arbitrum to launch its perpetuals marketplace, a single app to compare and trade on multiple onchain venues.

Perennial: Perennial is a pioneering DeFi liquidity layer that offers hyper-efficient infrastructure for a variety of trading applications. Its modular and efficient design supports customized markets, leveraging fast execution and capital efficiency to power DeFi apps.

Contacts

Burt Rock
Kwenta
burt@kwenta.io
Lucas Terry
Perennial
lucas@perennial.finance

San Francisco, California, July 24th, 2024, Chainwire

ETZ is transforming retirement planning by making digital assets available to retirees

ETZ, a premier service designed to simplify and enhance digital asset investing in retirement accounts, announced that it would offer SUI, the utility token powering Sui, a high-performance Layer 1 blockchain and smart contract platform, as an investment option integration for holders of its IRAs. ETZ now operates seamlessly with the Sui Network, which means that the SUI token can officially be held as an asset in a Tax-Advantaged Traditional or Roth IRAs, offering an unparalleled solution for investors looking to diversify their retirement portfolios while maintaining all of the tax advantages of keeping their assets in such a fund.

ETZ employs a regulated, state-chartered trust company to hold self-directed IRAs and custody of assets, ensuring a secure and compliant investment environment while facilitating rollovers of IRAs and 401(k)s. Furthermore, ETZ is insured up to $320M, provides institutional-grade asset security, and FDIC insurance on cash balances, providing peace of mind to investors. It also offers digital asset access through a tax-advantaged SEP IRA to help companies attract top talent by providing a more modern and diverse retirement platform as a benefit.

“At ETZ, we believe that increasing access to digital assets for every employee will transform employer incentive plans,” said Jiazi Guo, CEO of ETZ. “Sui’s meteoric rise in the blockchain space, backed by its unparalleled technology, underscores why we are so excited to offer our users the option to add Sui to their portfolios”

“ETZ has done an immense amount of work breaking down barriers to open up a new category of options to real people looking to secure a financial future for themselves and their families,” said Gap Kim, Head of Marketing for the Sui Foundation. “With the unique tooling and products that ETZ has engineered, these retirees now have access to a suite of products that will enable them to diversify their holdings and take advantage of the latest generation of financial innovation.”

ETZ’s integration with Sui is now live and investors can benefit from 24/7 access to their investments with the support of dedicated representatives, advanced security measures, and streamlined tax reporting. 

For more information about ETZ, users can visit https://etzsoft.com/. For more information about Sui, users can visit https://sui.io.

Contact

ETZ, Inc.
samuel@etzsoft.com