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Home Altcoin

Polkadot-Based DeFi Network Surges by More Than 80% Amid the Launch of a New Notification Feature

by Blockchain Daily Report
December 4, 2022
in Altcoin
Reading Time: 2 mins read
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Polkadot-Based DeFi Network Surges by More Than 80% Amid the Launch of a New Notification Feature
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A decentralized finance (DeFi) protocol based mostly on the interoperable blockchain Polkadot (DOT) is skyrocketing after launching a brand new notification function.

In accordance with a latest article penned by the venture’s chief progress officer, the scalable good contract platform Acala Community (ACA) is enabling push notifications for customers and builders of its DeFi platform.

Acala will implement push notifications from Notifi, a digital infrastructure agency that goals to ship personalised interactions and cross-chain communications between Web3 builders and their customers.

“Acala could be very excited to roll out a brand new sort of integration for the group – push notifications for on-chain occasions, powered by Notifi.

Within the preliminary section of the implementation of Notifi’s wallet-based notifications, Acala customers will now profit from streamlined communications of the ‘Notifi Hub’ and get real-time updates on completely different pockets actions resembling governance proposals, transactions, and stability adjustments.”

Acala says that customers and builders of the DOT-based DeFi protocol will finally obtain further forms of notifications.

“That is solely the start of a long-term integration roadmap with Notifi – Part 2 of our implementation will even add Notifi’s SDK [software development kit] into the Acala Apps UI [user interface] to permit expanded notification providers resembling CDP [customer data platform] vault well being (liquidation alerts), asset value alerts, liquid staking reward alerts, and extra.”

Information of the function despatched Acala’s native asset flying, going from a 24-hour low of $0.11 to a peak of $0.203, a staggering 84% enhance.

ACA has retraced since and is altering palms for $0.162 at time of writing.

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