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Newton DAO announces the launch of Newton Finance sidechain (NewFi)
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3 hours ago 399

Newton Dao happily announced a new side chain -the news of innovative technologies such as global payment, decentralized finance (DEFI), and real -world assets (RWA). This marks an important milestone in the development of the Newton ecosystem, providing developers and users with more powerful blockchain functions.

As part of the plan, the existing blockchain will be renamed Newton Core. The overall economic model of the project remains unchanged, the total number of native currencies of the platform will not increase, and a fixed supply will still be maintained to ensure the sustainability and stability of the ecosystem.

NEWFI is completely compatible with Ethereum virtual machine (EVM). All EVM compatible wallets can be seamlessly integrated and interact with NewFi. This compatibility provides a convenient use experience for users and developers, and has expanded more possibilities for DEFI applications in the Newton ecosystem.

NewFi has a very high transfer speed and oversized transaction carrying capacity, which is very suitable for the deployment and operation of the new generation of applications. The performance of NewFi has provided developers with powerful tools to build high -efficiency and scalable blockchain solutions.

In order to achieve seamless interoperability, NewFi and Newton Core will implement cross -chain connection through Newbridge. Users can freely transfer the NEW tokens through newbridge between the two blockchain. This interconnection will create a unified ecosystem. Users can make full use of the advantages of the two chains to meet the needs of various application scenarios.

Newton Dao is always committed to decentralized infrastructure for community construction. The launch of NewFi proves Newton Dao's insistence on innovation and the determination to promote the application of global blockchain technology.

Newton Dao will announce its development plans and milestones one after another. Welcome to join the Newton DAO community and follow the latest developments. You can learn more information through the following channels:

Official website: https://newtondao.org

Telegram: https: // T.Me/newtonproject

X (formerly Twitter): https://x.com/newton_project

Keywords: Bitcoin
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