Concord is a Proof-of-Stake blockchain with quick finality launched on Mainnet in June 2019 and is now surrounded by a vibrant and engaged group of over 500,000 energetic platform individuals on acquainted cross-chain DeFi ecosystems akin to Sushi, Curve and Aave. Through the years, Concord partnered up with a whole lot of Web3 options and platforms. To high that, in Sep 2021, Concord launched its ecosystem treasury to a tune of $300M to distribute equity-free $50K grants to any groups which are keen to convey their finest concepts to construct on Concord.
Concord’s group has been so participating from the beginning that builders on Concord take pleasure in rising organically from inside the ecosystem. As one notices a vibrant and fascinating group, groups akin to DeFi Kingdoms and lending protocols like Tranquil Finance determined to construct on Concord and grew from zero to billion-dollar TVL dApps in a matter of months! With Concord’s low fuel charges costing fractions of a penny and a 2-second transaction finality, customers are very inspired to work together with their yield farms, lendings, NFT trades and in-game purchases, for dApps constructed on Concord. Concord is ideal for these excessive interplay use instances. All these actions are producing plenty of curiosity for customers to work together with Concord’s blockchain which calls for a easy and uninterrupted expertise. Builders on Concord profit from options provided by Concord’s companions that can meet the wants of their viewers.
Concord integrates with Covalent, the main supplier of indexing and querying options for blockchains with their unified API. The preliminary integration consists of full indexing of Concord and permits builders to entry wealthy, granular knowledge to construct functions quicker and simpler for quite a lot of use instances.
“Concord’s traction is unparalleled and the power in the neighborhood is unbelievable. With their sharding capabilities, it is going to be thrilling to see what builders will construct and scale with out compromising decentralization and safety. Our Unified API will additional speed up the pace at which builders can construct.”–Ganesh Swami, CEO at Covalent
Covalent’s unified API brings full transparency and visibility to property throughout over 26 blockchain networks. Builders who want excessive efficiency can conveniently allow multichain in minutes by merely altering the chain_ID parameter. Covalent’s dataset helps 25B+ transactions, 30,000+ value feeds, and 200,000+ sensible contracts for querying.