Oct 27, 2020
Matic partners with Autonio Foundation to Port DeFi tools to low cost high performance Matic Network.
Matic’s high throughput, low cost layer 2 solution is a perfect match for Autonio’s high performance trading tools as it aims to provide free access to trading tools and infrastructure. Decentralized transaction has been slow, expensive and complex, and it is short of usability and convenience. Matic leverages a combination of blockchain scaling, developer platform and tool, focusing on user experience. Matic aims to facilitate the mass adoption of blockchain globally and bring out it’s true potentials.
NIOX Suite ports to Matic Network:
NIOX Suite is a decentralized solution that unifies interface which enables users to build, deploy trading bots and exchange assets. It involves some easy to access trading tools, like an Ox protocol based smartdex with on-board market markers, an algorithmic trading terminal with a p2p marketplace for sharing trading strategies, algorithms, services, AI agents and more.
NIOX SmartDEX on Matic Network:
Users will be able to trade directly on Matic Network with an order book based exchange as Autonio ports it's Ox based smartdex on to the Matic Network. Also, exchange offering with integration of the algorithmic trading tools set will be provided.
To offer a seamless exchange experience for all users, following porting successful completion, Matic will work to add liquidity but undertaking liquidity minning campaigns, sharing liquidity with other relayers. Hence, we will have a Matic exchange ecosystem that shares liquidity with other exchanges in the network.
The support and dedication of the Matic team to offer more solutions and dApps onto the Matic network is ever strong and highly appreciated.
Updates on Matic's product release plan coming soon!
About Matic
Matic is a developer-first hybrid POS+Plasma sidechain on top of Ethereum, enabling Ethereum developers to scale their DApps for large scale usage.
Matic is rapidly becoming the go-to Layer 2 Solution for developers, thanks to secure, scalable and instant transactions, secured by Ethereum. There are 70+ Dapps building on Matic, ranging from DeFi Protocols to thrilling games and prediction markets. Deploy your existing Ethereum DApp in less than 15 minutes!
