Kattana announced last Tuesday, April 27, through her Twitter account, her partnership with Elrond Network, with which, according to the company, she will achieve a future expansion of compatible decentralized exchanges in the Kattana commercial terminal.
“We are delighted to announce the future expansion of decentralized exchanges supported in the Kattana trading terminal, in addition to DEXs built on the Ethereum blockchain and the Binance smart chain, Kattana users will also have the ability to trade on the Maiar Exchange. from Elrond”, he said through an article published on the Medium platform.
According to the company, thanks to the partnership of Kattana and Elrond, more opportunities are opening for both merchants using Kattana by having access to the Elrond blockchain and Maiar DEX users will be able to trade through the Kattana terminal.
“The Kattana terminal complements the intuitive and lean Maiar Exchange experience with all the essential features that professional traders require. The resulting increased liquidity will aid the long-term development of assets in the Elrond ecosystem”, commented Beniamin Mincu, CEO of Elrond.
Kattana explained that the electronic Maiar.Exchan g is set to reshape the field of AMM, by redesigning some of the key elements to build a product that can take advantage of the full performance of the Elrond architecture, to deliver, near-instantaneous global, economic transactions between an Expansion of the set of assets.
In addition, once live, Maiar Exchange “will be integrated into the Maiar application, offering a simple and intuitive interface that is accessible to anyone anywhere in the world”, he added.
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In his view, Kattana brings key trading tools from CeFi to DeFi, from high-quality charts and TA instruments to various types of orders and the latest market updates.
“Kattana actually started her path from CeFi, where she has been running under the radar, providing top-notch viable business tools that helped traders on their business journey. As the cryptocurrency market is non-stop and new now, Kattana is bringing professional-level graphics and tools to the DeFi market so that anyone can trade DeFi like a pro”, he said.
This is the internet-scale blockchain, designed from the ground up to deliver a 1000x cumulative improvement in performance and speed of execution. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism and a Secure Proof of Stake (PoS) algorithm, which enables linear scalability with a fast, efficient, and secure consensus mechanism. Therefore, Elrond “can process more than 15,000 transactions per second (TPS), with a latency of 6 seconds and a negligible cost, trying to become the backbone of a permissionless, borderless and globally accessible Internet economy”.
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