April 9, 2024 – Dubai, United Arab Emirates

Flare, the blockchain for data, has announced the launch of the Raindex desktop app – a new intents-like DEX that uses the FTSO (Flare Time Series Oracle) to offer the advanced trading operations of CEXs (centralized exchanges).

Users can now set bid and offer prices, activate stop loss and take profit mechanisms and replicate other traders’ strategies in a trustless, fully-permissionless, decentralized way – on-chain.

The Raindex app utilizes the intuitive Rainlang smart contract language, giving anyone the ability to design, write, deploy and manage customized token trading strategies, while leveraging Flare’s native decentralized price oracle – the FTSO – for reliable and secure asset price triggers.

Raindex achieves this with an intents-like architecture.

Users can specify their desired trade outcomes without needing to define how the trade is fulfilled, potentially setting up multiple future trades as part of a strategy deployed in a single transaction.

Anybody can then perform the trades on behalf of users, within the constraints of the pre-defined strategy.

For instance, a user can write a strategy to sell assets at a set price triggered by the FTSO.

Under the hood, Raindex facilitates this trade by acting as a matching venue for buyer and seller intents.

This frees users from manual order placement and constant market monitoring.

Trusted real-time asset price data

The culmination of more than three years of dedicated development, Raindex blends the most compelling advantages of both CEXs and DEXs into a single platform, allowing users to craft and execute Rainlang strategies without intermediaries.

It provides a CEX-like trading experience with enhanced DEX-style autonomy and security, so users no longer have to give up control of their digital assets.

The platform will take advantage of FTSO version two’s new ‘fast updates’ capability that delivers asset prices every block (one- to two-second intervals), secured by Flare’s novel architecture, guaranteeing both price accuracy and censorship resistance.

Flare offers a unique trust model for the enshrined oracles on their network as the data integrity is secured by the validators themselves.

An extension of Rainlang on Flare enables FTSO data to be leveraged for trading strategies, enhancing market responsiveness while eliminating the reliance on third-party, off-chain data oracles.

Josh Hardy, co-founder of Rain, said,

“Secure, reliable data is an indispensable part of the toolkit for anybody writing trading strategies.

“We’re super excited to introduce Rainlang and Raindex into Flare’s ecosystem, connect with the DeFi community and see what they create.”

Enhanced trading without intermediaries

Rainlang is an innovative new programming language that’s designed to be simple to read and write.

Anyone who can read and write Excel formulas can easily learn to create smart contracts using Rainlang.

Traders will be able to implement their own customized strategies – including but not limited to DCA (dollar-cost averaging), stop losses, Dutch orders, portfolio rebalancing, market making and liquidity management and trend tracking.

With the ability to set bids and asks, stop loss and take profit triggers and copy trade vaults, the platform moves beyond traditional AMM (automated market maker) models, offering unparalleled trade expression freedom with full on-chain execution.

Hugo Philion, co-founder of Flare and CEO of Flare Labs, said,

“The recently announced upgrades to the FTSO will enable up to 1,000 asset prices to be delivered on-chain every second or so – without sacrificing decentralization or security.

“Combine this with Rain’s intents-like DEX, and you enable much of the functionality of a [CEX] but without the risk of needing to custody your assets with a third party.”

The comprehensive Raindex desktop app provides an all-encompassing set of tools for traders to devise and write their strategies, with the ability to simulate its performance before deploying it on-chain.

Users can simply express what they want using Rainlang, deposit their tokens into vaults and then deploy their order when the time is right, with Raindex’s app providing real-time performance monitoring.

To celebrate its launch on Flare and entice the community to show off its trading skills, Raindex is staging a trading contest that will run throughout May 2024, with a total prize pool of $12,000 available for those who can create the most profitable trading strategies using Rainlang.

About Flare

Flare is the blockchain for data – an EVM smart contract platform specifically designed to support data intensive use cases, including machine learning / AI, RWA (real-work asset) tokenization, gaming and social.

With decentralized, enshrined oracles secured at the network layer, Flare is the only smart contract platform optimized for decentralized data acquisition – price and time series data, blockchain event and state data and Web 2.0 API data.

By giving developers trustless access to the broadest range of data and data proofs at scale and for minimal cost, Flare expands the utility of blockchain and supports the development of new and improved use cases.

Website | X | Telegram | Discord

About Raindex

Rainlang is DeFi’s native language on EVM. Entirely on-chain, it promotes accessibility and decentralization by making smart contracts easier to read and write.

Raindex, leveraging Rainlang, introduces a new DEX concept where orders are smart contracts, enabling complex, algorithmic trading strategies to be created and executed onchain.

Rain’s mission is to foster innovation and inclusivity in smart contract development and DeFi.

Website | X | Telegram

Contact

Dasi Kaplan, MarketAcross

In the world of cryptocurrency, many noteworthy projects align with investors’ values and interests. Solana is one such project that has gained significant attention.

Between the end of September 2023 and mid-March 2024, its value surged remarkably from $19.1 to $172.1, marking a staggering increase of approximately 761%.

And the trend suggests that its value continues to climb.

This remarkable growth of Solana can be attributed to its association with other outstanding projects within the crypto space and Solana ecosystem – the majority experiencing impressive expansion.

One such project making waves recently in this ecosystem and that surely helped Solana is Solama, which has been dubbed as a contender for the best Solana meme coin of 2024.

Since its launch on January 1, 2024, Solama has witnessed an astonishing growth of 28,657.4%.

Why is Solama considered the first contender for best Solana meme coin 2024

Emerging in early 2024, Solama has quickly become a contender for the title of best Solana meme coin in 2024, and we can say that even beyond.

Already boasting a market cap surpassing $100 million and a passionate community exceeding 30,000 strong HODLers, this project is experiencing explosive growth.

But all of this didn’t happen aimlessly – because Solama isn’t just like any regular meme coin that we are used to seeing in the market.

For instance, Solama started from the very beginning by prioritizing transparency, with a fully doxxed team working alongside the community to achieve its goals, an aspect not found in most competitors.

This collaborative spirit extends to securing tier one exchange listings, a move that will significantly increase accessibility for potential investors.

Looking beyond just price appreciation, Solama fosters engagement through a unique merchandise store and an in-house game.

Profits from these ventures are cleverly reinvested back into the project’s marketing and growth, demonstrating a commitment to long-term sustainability.

Moreover, tradable on various platforms like Raydium, Jupiter, Orca, Bitmart, MEXC and Bitrue, Solama stands out from the crowd with its adorable llama mascot.

This refreshing take on the meme coin landscape offers a distinct identity within the often-saturated market, which is surely a great advantage in the industry.

Based on all of that, Solama has already been coined by many crypto investors as the best Solona meme coin of 2024.

Dive into the world of Solama – your guide to owning a piece of the meme coin action

Solama is making waves in the Solana meme coin scene, quickly becoming a top contender.

If you’re interested in joining this vibrant community and potentially getting in on the ground floor, here’s a straightforward guide to buying your Solama tokens.

Get a Solana wallet

Get a secure digital vault for your cryptocurrencies. That’s what your Solana wallet will be.

Popular options include Phantom Wallet, but any wallet that works with the Solana blockchain will do.

Download the app or browser extension and follow the setup instructions.

Load up on SOL

Solama operates on the Solana (SOL) currency. Head to your preferred crypto exchange, buy some SOL and transfer it to your newly created Solana wallet.

Pick your trading platform

For this, you have two main options.

• DEXs (decentralized exchanges) – Platforms like Raydium, Jupiter or Orca allow direct peer-to-peer trading without needing a central authority. Simply connect your wallet following their clear instructions.
• CEXs (centralized exchanges) – If you prefer a more traditional structure, BitMart Exchange, Bitrue or MEXC are popular choices.

Trade SOL for Solama

Now that you’re all set up, it’s time to secure your Solama tokens. Within your chosen platform, locate the swap or trade section.

• For DEXs – You’ll need Solama’s unique contract address, AVLhahDcDQ4m4vHM4ug63oh7xc8Jtk49Dm5hoe9Sazqr. Enter this address along with the desired amount of Solama you want to purchase.
• For CEXs – The process might differ slightly, but you’ll typically find Solama listed by its token symbol (SOLAMA).

Double-check and confirm

Before finalizing the trade, carefully review all the details – Solama amount, swap rate and any associated fees.

Once everything looks good, confirm the transaction using your wallet, and congrats, you’re now a proud owner of Solama tokens.

Stay updated

There are way too many dogs, cats, apes and frogs in the crypto space – so, it’s time for the llama to take over.

In order to stay updated, connect with this project on X, Telegram and Instagram, and visit the official website.

Planet ReFi, a global platform that has successfully mobilized the combined power of blockchain, RWA (real-world asset) tokenization and celebrity fandom to expedite the cause of planetary sustainability, has onboarded Alex Avellamet as the platform’s chief marketing officer.

The ‘join the planet’ movement, championed by Planet ReFi, involves one of the greatest of all-time in football – Lionel Messi.

With the Messi-backed RWA up for grabs, the onboarding of Alex – a person who reflects the optimal mix of sports and business passion – speaks volumes about Planet ReFi’s well-concerted efforts to reach the widest audience possible.

Hailing from Montevideo, Uruguay, a place where football is woven into the fabric of life, Alex’s capabilities span across soccer development to communications, establishing government connections and creating effective community outreach programs and events.

Known for her hard work, leadership and deep insights into the space, Alex has been the founder of Upright City FC and one of the board members in The Beautiful Game Project, Community Arts and Culture and the Miami Beach Bandshell.

Alex is also a FIFA-recognized football agent with a deep focus on negotiating contracts, developing businesses, securing beneficial deals, steering parties through transfers and ensuring compliance with FIFA regulations.

In her new role as the CMO at Planet ReFi, Alex will leverage her well-entrenched expertise in the soccer industry to formulate game-changing marketing strategies.

In her own admission, Alex is adequately confident in utilizing her innovative capabilities to significantly increase Planet ReFi’s online footprint and augment its digital leadership.

Alex believes that the area she has got to serve holds immense scope for combining her love for the game with cutting-edge technology paradigms, like blockchain, to propel the outcome towards a finish line that waits with a sustainable growth model befitting to the vibrant and evolving landscape Planet ReFi operates in.