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Catalog
With REN Protocol being the bridge to blockchains, so does the need of a front UI to display and a medium of exchange for the assets
@catalogfi comes into play by being the metaversal exchange for $REN! The introduction of Catalog defines a secure cross-chain DEX with CEX-like features to easily swap assets across blockchains.
(image from medium post)
The project is built by the @renprotocol team with hopes of shaping Ren L0.
Catalog is built with hopes of:
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Layer 1 Design – CEX and DEX equivalent UI
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Integrators – seamless UX by accessing deep liquidity through Catalog’s Boundless Liquidity Mechanism
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Incentive Structure – to boost network growth of both Ren and Catalog
As a project of itself, Catalog is successfully raised $7.5M through Ren Labs from investors such as @BixinWallet, Chiron Partners, @AlamedaResearch, @ROKCapital, @ledger_prime, @gbvofficial, @multicoincap, @CumberlandSays, @fisher8cap, @ambergroup_io, @BlockTower, and @petrock_capital.
As a descendant of Ren, Catalog has the following features:
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Swap fungible and non-fungible asset across any blockchain
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Zero gas and low flat-rate trading fee
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Earn passive income on holded crypto
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Send assets to other users by typing their username
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Planned seamless on and off-ramp experiences
The project is currently on the waitlist.
A unique feature in Catalog is trading freely without holding native tokens to pay transaction fees.
Catalog processes transactions completely, there will be no half-completed trades!
Diving deeper into the project mechanism, each user’s handle in Catalog is not in the form of human-unreadable wallet address, instead it is a Metaversal account – similar to emails, social media username, etc
The next step would be to transfer funds to the built-in wallet inside Catalog that is connected to your MetaMask.
Recently, Catalog has announced a partnership with @Keeper_DAO. The synergy leverages Keeper’s coordination protocol for cross-chain settlements. Resulting in Catalog being completely MEV-resistant and efficient order execution.