<\/a>Conclusion<\/h2>\n\n\n\nAlgo trading indeed enables you to place buy and sell orders and manage the entries using programmed codes. Being entirely dependent on technology and programming can help you remove the adverse effects of fear and greed in trading. However, algo traders must continue to build and update algorithms diligently. So, prepare yourself with programming knowledge, computer hardware, and familiarity with the financial markets before you begin.<\/p>\n","post_title":"How Algo Trading Can Unlock Your Success In Cryptocurrency Trading","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-algo-trading-can-unlock-your-success-in-cryptocurrency-trading","to_ping":"","pinged":"","post_modified":"2024-09-08 18:55:44","post_modified_gmt":"2024-09-08 08:55:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18532","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18526,"post_author":"2","post_date":"2024-09-05 23:10:32","post_date_gmt":"2024-09-05 13:10:32","post_content":"\n
Grand Cayman, Cayman Islands, September 5th, 2024, Chainwire<\/strong><\/span><\/p>
After successful launches on other major networks, AUSD has deployed on Sui, tapping into the scalable, high-performance network and strengthening Sui\u2019s stablecoin ecosystem.<\/h3>
Agora<\/a>, the stablecoin company led by early-stage finance and technology industry veterans Nick van Eck, Drake Evans, and Joe McGrady, has launched its industry-disrupting AUSD stablecoin on Sui<\/a>, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling. AUSD adds a key dimension to Sui\u2019s surging list of native assets, being the first institutional-grade US dollar stablecoin to deploy in the Sui DeFi ecosystem.<\/p>\u201cBy integrating first-class assets like AUSD natively on the network, Sui is empowering developers and offering essential access to DeFi for a new class of institutional users,\u201d said Gap Kim, Global Head of Marketing for Sui Foundation. \u201cAs the Sui ecosystem continues to grow, opportunities for innovation and financial accessibility on Sui will also expand exponentially, benefiting the entire Sui community.\u201d<\/p>
Building on its prior successes on Ethereum and Avalanche, AUSD\u2019s integration into the Sui Network immediately enhances its utility, accessibility, and interoperability.\u00a0Within the first six weeks of contract deployment on Ethereum and Avalanche, nearly $60M AUSD has been minted with $5M+ of daily DEX volume.\u00a0The integration has already begun improving liquidity and market efficiency within Sui\u2019s rapidly expanding DeFi ecosystem, which at the time of writing boasted over $600 million in Total Value Locked (TVL) and consistently ranks among the top chains in weekly DEX trading volume.\u00a0<\/p>
\u201cAUSD\u2019s remarkable growth and early success across the industry sets the stage for the next even more impactful chapter on Sui,\u201d said Nick van Eck, Co-Founder of Agora. \u201cLeveraging Sui\u2019s cutting-edge infrastructure and unparalleled scalability, AUSD will thrive and drive significant advancements within the DeFi and Payments ecosystem. This collaboration is a pivotal step forward in our mission to create a more inclusive and accessible financial future for all.\u201d<\/blockquote>AUSD joins a growing number of stablecoins on Sui, which drive the development of robust DeFi applications and expand the adoption of blockchain technology. By leveraging Sui\u2019s scalable, high-performance network, these stablecoins contribute to a high-performance environment where developers and users can innovate and focus on delivering superior experiences without being restricted by the technological limitations that have constrained other networks. Agora's integration with Sui also continues to expand the reach of AUSD and furthers the growth of the global AUSD network and liquidity.<\/p>
Contact<\/h5>Sui Foundation<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Agora-Backed AUSD Stablecoin is Live on Sui","post_excerpt":"Grand Cayman, Cayman Islands, 5th September 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"agora-backed-ausd-stablecoin-is-live-on-sui","to_ping":"","pinged":"","post_modified":"2024-09-05 23:10:32","post_modified_gmt":"2024-09-05 13:10:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18526","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
After successful launches on other major networks, AUSD has deployed on Sui, tapping into the scalable, high-performance network and strengthening Sui\u2019s stablecoin ecosystem.<\/h3>
Agora<\/a>, the stablecoin company led by early-stage finance and technology industry veterans Nick van Eck, Drake Evans, and Joe McGrady, has launched its industry-disrupting AUSD stablecoin on Sui<\/a>, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling. AUSD adds a key dimension to Sui\u2019s surging list of native assets, being the first institutional-grade US dollar stablecoin to deploy in the Sui DeFi ecosystem.<\/p> \u201cBy integrating first-class assets like AUSD natively on the network, Sui is empowering developers and offering essential access to DeFi for a new class of institutional users,\u201d said Gap Kim, Global Head of Marketing for Sui Foundation. \u201cAs the Sui ecosystem continues to grow, opportunities for innovation and financial accessibility on Sui will also expand exponentially, benefiting the entire Sui community.\u201d<\/p> Building on its prior successes on Ethereum and Avalanche, AUSD\u2019s integration into the Sui Network immediately enhances its utility, accessibility, and interoperability.\u00a0Within the first six weeks of contract deployment on Ethereum and Avalanche, nearly $60M AUSD has been minted with $5M+ of daily DEX volume.\u00a0The integration has already begun improving liquidity and market efficiency within Sui\u2019s rapidly expanding DeFi ecosystem, which at the time of writing boasted over $600 million in Total Value Locked (TVL) and consistently ranks among the top chains in weekly DEX trading volume.\u00a0<\/p> AUSD joins a growing number of stablecoins on Sui, which drive the development of robust DeFi applications and expand the adoption of blockchain technology. By leveraging Sui\u2019s scalable, high-performance network, these stablecoins contribute to a high-performance environment where developers and users can innovate and focus on delivering superior experiences without being restricted by the technological limitations that have constrained other networks. Agora's integration with Sui also continues to expand the reach of AUSD and furthers the growth of the global AUSD network and liquidity.<\/p>\u201cAUSD\u2019s remarkable growth and early success across the industry sets the stage for the next even more impactful chapter on Sui,\u201d said Nick van Eck, Co-Founder of Agora. \u201cLeveraging Sui\u2019s cutting-edge infrastructure and unparalleled scalability, AUSD will thrive and drive significant advancements within the DeFi and Payments ecosystem. This collaboration is a pivotal step forward in our mission to create a more inclusive and accessible financial future for all.\u201d<\/blockquote>
Contact<\/h5>Sui Foundation<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Agora-Backed AUSD Stablecoin is Live on Sui","post_excerpt":"Grand Cayman, Cayman Islands, 5th September 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"agora-backed-ausd-stablecoin-is-live-on-sui","to_ping":"","pinged":"","post_modified":"2024-09-05 23:10:32","post_modified_gmt":"2024-09-05 13:10:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18526","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
