Increment

Flow blockchain is rolling out its Crescendo upgrade, aimed at improving multi-chain interoperability. This update is expected to significantly enhance the Web3 experience for both developers and users. Key points: - Crescendo upgrade focuses on seamless multi-chain interoperability - Flow is conducting a World Tour to empower developers globally - The upgrade is now live on the Flow EVM Testnet - RPC support for Flow EVM Testnet is available, with Mainnet support coming soon Developers can now leverage RPC support for the Flow EVM Testnet, with API keys available through Alchemy. This upgrade marks a significant step in Flow's evolution, potentially expanding its ecosystem and capabilities.

The Increment protocol has unveiled a novel system design for decentralized trading and passive liquidity provision. This new architecture utilizes pooled virtual assets for liquidity and incorporates Curve V2's Automated Market Maker (AMM) for trade execution. The protocol aims to offer an alternative approach to the structure of existing on-chain perpetual futures protocols. Increment's design establishes a comprehensive infrastructure that could potentially reshape the landscape of decentralized trading platforms.

The Increment protocol has unveiled a novel system design that utilizes pooled virtual assets for liquidity provision and leverages Curve V2's Automated Market Maker (AMM) for trade execution. This architectural approach offers an alternative solution to the structure of existing on-chain perpetual futures protocols, establishing a comprehensive infrastructure for decentralized trading and passive liquidity provision.

The Increment protocol has unveiled a novel system design that utilizes pooled virtual assets for liquidity and leverages Curve V2's Automated Market Maker (AMM) for trade execution. This architectural layout presents an alternative solution to the structure of existing on-chain perpetual futures protocols, establishing a comprehensive infrastructure for decentralized trading and passive liquidity provision.

A new feature has been introduced on the Flow blockchain that allows for the burning (permanent locking) of liquidity provider (LP) tokens. This is achieved by sending the LP tokens to a designated 'burner' address (0x9c1142b81f1ae962) whose private key has been revoked, ensuring that any tokens sent there can never be accessed again. The burner address is also integrated with domain name services for better readability. While burning LP tokens is generally not recommended as it permanently locks the corresponding liquidity, it can be useful for fair-launching meme coins and providing confidence against rug pulls. The feature is available through an 'Expert Mode' setting in the wallet interface.

Increment Finance has announced the launch of its 100% on-chain governance system for the FIXeS ecosystem. Users can now stake their $FLOWS tokens to vote on governance proposals related to the protocol. This move aims to decentralize decision-making and give the community a direct say in the future development of the Increment protocol and its associated products.

The Increment protocol has unveiled a novel system design that utilizes pooled virtual assets for liquidity and leverages Curve V2's Automated Market Maker (AMM) for trade execution. This architectural layout presents an alternative approach to the structure of existing on-chain perpetual futures protocols, establishing a comprehensive infrastructure for decentralized trading and passive liquidity provision.

Increment Finance, a decentralized trading protocol on the Flow blockchain, has announced that users can now download detailed transaction reports in CSV format for their non-Dapper wallets. This new feature provides users with a comprehensive record of their transaction history on the Flow blockchain, enhancing transparency and accountability.

Increment Protocol has announced updates to its points program. The stFlow<>Flow stableswap-pair will now earn 60 points per $1,000 of liquidity staked to the active farm per day, a 2x increase. Additionally, trades swapped to $stFlow will now earn 10 points per $1,000 of any trade, a 10x increase. These changes aim to grow the liquidity size of the stableswap pair and stabilize the $stFlow spot price to be more pegged to its intrinsic redemption ratio.

The Increment protocol introduces a novel system design that utilizes pooled virtual assets for liquidity and leverages Curve V2's Automated Market Maker (AMM) for trade execution. This architectural layout proposes an alternative solution to the construction of current on-chain perpetual futures protocols, establishing a complete infrastructure for decentralized trading and passive liquidity provision.