Econia Labs, one of the top projects in the Aptos Ecosystem, has introduced their tokenized emoji project emojicoin.fun with a Galxe quest for all to participate in.
Econia Labs and their founder Alex have been on the forefront of innovation on Aptos, developing for the project since the early days of Aptos in 2021.
Here is Alex describing Econia Labs and its features along with his development journey on Aptos in a series of clips:
Some details about Econia Labs:
Econia Labs is a crypto startup building a high-performance, decentralized order book infrastructure on the Aptos blockchain. Here are some of the key points about Econia Labs:
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Econia is an on-chain order book designed for web-scale performance that leverages Aptos’ optimistic concurrency execution engine for superior performance and composability. It aims to provide equal global market access.
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The protocol aggregates liquidity into a single digital marketplace and serves as a foundational settlement layer for diverse DeFi applications to be built on top of it.
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Econia offers advantages over centralized exchanges by enabling permissionless trading from non-custodial wallets. It also improves upon automated market makers (AMMs) by providing more efficient price discovery and the ability to place limit orders.
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In April 2023, Econia Labs raised $6.5 million in a seed funding round led by Dragonfly, with participation from Lightspeed Faction, Aptos Labs, Wintermute Ventures, and others. The funds will be used to expand the team, support community initiatives, and onboard developers to both Econia and Aptos.
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The Econia protocol has undergone three independent audits and has been live on mainnet since November 28, 2023 . Developers can integrate their dApps with Econia’s atomic matching engine using its APIs and SDKs.
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Econia Labs was founded by Alex and spun out of the 2021 Inaugural Aptos Hackathon. The team has diverse backgrounds from institutions like Stanford, Goldman Sachs, NASA, and aims to transform the financial landscape with transparent, decentralized trading infrastructure.
Make sure to check out the Galxe quest to dive right into Econia Labs and emojicoin.fun !
to 1 billion market cap!