Algebra

Algebra Integral continues its expansion into new territories with its entry into the Bitcoin ecosystem. Key developments include: - Launch of Arch DEX on Botanix Labs' Spiderchain (first EVM L2 on Bitcoin) - Implementation of modular CLAMM with plugin support - Testnet launch imminent This follows Algebra's recent growth to powering 22 decentralized exchanges: - 9 currently live DEXes including KimProtocol, SwapsicleDEX, and MorFi - 13 upcoming launches including SwapXfi, CamelotDEX, and ThenaFi *Visit algebra.finance to learn more about their modular DeFi infrastructure.*

**Bulla Exchange**, a new DEX powered by Integral technology, is launching on BeraChain. The platform implements Integral's Concentrated Liquidity AMM (CLAMM) with V4 plugins supporting custom pools. Key features: - Lower gas fees - Enhanced capital efficiency - Reduced slippage for better swaps - Modular architecture This follows the successful launch of MorFi on MorphL2, which demonstrated 22% gas savings compared to UniV4. *Visit: bulla.exchange*

Algebra has demonstrated significant growth with a 300% increase in Total Value Locked (TVL) since January 2023, outperforming several major competitors: - **Notable Declines:** - SushiSwap: -55% - PancakeSwap: -15% - Balancer: -27% - **Growth Leaders:** - Uniswap: +30% - Velodrome: +27% - Algebra: +300% The protocol now powers over 30 DEX integrations, ranking 6th among most forked DEX protocols by TVL. Key developments include: - OG Staking launch on October 16th - Integration with major platforms like Camelot, ThenaFi, and QuickSwap - Expansion to BNB Chain through THENA partnership

**Algebra secures investment from @v3v_ventures** - Focus on accelerating growth and adoption of Integral's modular AMM - Long-term partnerships to be announced soon In related news: - Algebra expanding to Rootstock, Bitcoin's secure smart contract sidechain - Supporting Ethereum and EVM-compatible solutions - Offering up to 95% capital efficiency - First modular AMM model with V4 plugins support *DEXes interested in launching on Rootstock with Algebra can contact via algebra.finance/form*

**Key Updates:** - $ALGB liquidity fully withdrawn and converted to $ETH & $BNB - Funds to be used for partial compensation of locked tokens on CamelotDEX & ThenaFi - Users with LP positions on these DEXes should contact Pata via Telegram **Action Required:** If you had ALGB tokens in an LP on CamelotDEX or ThenaFi, please: 1. DM Pata on Telegram: http://t.me/Lifopam 2. Ensure your tokens are counted in the October 15th snapshot **Stay informed** for further updates on the compensation process.

Algebra, the next-generation decentralized exchange on Polygon Network, has once again postponed the launch of its staking feature. Initially hinted at in December 2023 with a cryptic "Soon" message, the team has been teasing the staking functionality for months. - Original launch date: Unspecified - First delay announcement: October 15, 2024 - Latest update: October 7, 2024 Despite the repeated delays, Algebra remains optimistic, using the sunglasses emoji to convey confidence. The DEX continues to offer unique features like adaptive fees and built-in farming while working on expanding to other blockchains. **Stay tuned** for further updates on the staking feature launch.