Concord, a proof-of-stake blockchain, was launched in June 2019 with its mainnet. Since then, the community has grown its group to over 500,000 energetic platform customers on a number of cross-chain ecosystems. A few of these platforms are Aave, Curve, and Sushi, displaying Concord’s substantial development over time.
The community has determined to affix arms with Covalent, equipping builders with unprecedented knowledge accessibility. The combination will permit customers to entry the famend querying and indexing options for blockchain networks with a unified API. The preliminary integration stage means Concord builders can entry wealthy and granular knowledge to develop apps rapidly and easily.
In September 2021, the blockchain launched its treasury to 300 million {dollars}, which it’ll use to share 50,000 {dollars} value of equity-free grants to members who convey progressive concepts.
With such dedication, Concord attracts builders to work on its ecosystem organically. It’s at the moment some of the partaking and vibrant communities within the DeFi sector. Names like Tranquil Finance and DeFi Kingdoms additionally constructed their protocols on Concord for a similar purpose.
Ganesh Swami, Covalent CEO, talked concerning the latest growth, praising the Concord group. In accordance with Gamesh, Concord boasts unparalleled traction and vitality within the blockchain group. Its sharding functionalities will help builders in constructing and scaling tasks with out compromising safety and decentralization. As well as, Covalent’s Unified API may even enhance its growth pace.
Concord can now entry Covalent’s API with the combination, which has added visibility and transparency throughout 26 blockchains. Its dataset at the moment helps 30,000+ value feeds, 200,000+ sensible contracts, and 25+ billion {dollars} in transactions.
Given the stature and options of the platforms, the collaboration is for certain to be a success.
