Quote from: Chramichsw on October 12, 2020, 09:08:42 AM

Official information - https://medium.com/@TronFoundation/tron-and-waves-aim-to-reach-mass-adoption-of-inter-chain-defi-via-gravity-83273cb5818b

First, let me remind you what DEFI is

Decentralized Finance (DeFi) is a new movement that could revolutionize the way people work with capital and assets. Starting out as an area that focused exclusively on cryptocurrency loans, staking, and algorithmic stablecoins, DeFi is rapidly evolving into a full-fledged infrastructure for money management, including non-crypto capital (also known as tokenized Forex and stocks).

Tron and Waves team up to develop DeFi projects

The TRON Foundation and Waves have announced a partnership to connect their blockchain networks using the Gravity protocol and interoperate smart contracts written in Ride and Solidity.

Together, Waves and TRON are using Gravity to connect the smart contract languages of their respective blockchains: Ride and Solidity. Gravity is a blockchain and token-independent oracle with a cross-chain communication network. TRON and Waves are creating a bridge across Gravity that will enable both ecosystems to improve service accessibility for two user bases.

Although these platforms use blockchains with various types of consensus, native tokens ($TRX/$WAVES), wallets (TronLink/Keeper), and smart contract languages (Solidity / Ride), thanks to the development of the Gravity protocol. , this symbiotic collaboration becomes possible. Gravity, being an oracle and cross-chain communication network independent of blockchains and tokens, will initially support two smart contract languages: Ride and Solidity.

What will TRON and Waves achieve together?

1. TRON and Waves will establish a bridge across Gravity that will allow both ecosystems to thrive together.
2. TRON and Waves will collaborate on the following cooperation and integration schemes:

- $ TRX, $ BTT, $ JST and other TRC-20 tokens such as $ TRON-USDT will be available on the Waves blockchain through seamless decentralized gateways (Gravity swap) and automatically listed on DEX Waves (e.g. waves.exchange), which means that traders and developers from the Waves ecosystem will be able to trade, store and use TRC-20 tokens.
- Conversely, $ WAVES, $ USDN, $ NSBT, $ WEST and other Waves ecosystem tokens will be available on the Tron blockchain through Gravity and automatically listed on TRON's DEX and DeFi services (such as TronTrade or PoloniDex), which means that traders and developers from the Tron ecosystem will be able to trade, store, and use Waves-based tokens.
- DApp developers TRON and Waves will be able to use Gravity oracle data transfer services.
- $ TRON-USDT <-> $ USDN seamless swap services will be introduced. Such applications will allow users to manage various strategies for storing stablecoins, including $ USDT on the TRON blockchain as the fastest and cheapest way to transfer stablecoins and $ USDN as a stablecoin.
- Developers from both ecosystems will be able to create modern cross-chain decentralized applications that will run on both chains (expandable to other chains with Gravity) via user-preferred wallets and browser extensions.

Tron has taken serious steps to create the necessary infrastructure for DeFi to flourish, and nearly $ 4 billion has been issued on the TRON blockchain as proof of their commitment. The scope of collaboration between Waves and Tron is not limited to the above list of integrations, where research and prototyping is already underway. We believe that the Tron and Waves ecosystems can revolutionize the interchain DeFi industry by implementing and expanding this trend to other blockchain ecosystems.

Do you think Waves and Tron will be able to make a new main platform for creating new defi projects, become more popular than the Ethereum blockchain?

Im definitely looking forward with this collaboration, it seems promising. I sure hope they make something more, not just popular, but better than the eth blockchain ang make a difference in gas prices. Eth is getting out of hand.

chikator

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