Spherium

A first mover advantage and a development interface that reduces programming time make Ethereum a metaverse magnet. However, project creators remain concerned about its scalability issues and high transaction fees.OKC, a blockchain for gaming and the metaverse from OKX, hopes to change that narrative.&nbsp; Designed for high performance and low cost, the chain is well suited to many DeFi protocols, NFTs, and other Metaverse applications.Ethereum has poor throughput and high costs, which prevent its meaningful adoption. At its full capacity, Ethereum can process about <a href="https://education.district0x.io/general-topics/ethereum-scaling/introduction-to-ethereum-scaling/#:~:text=It%20all%20boils%20down%20to,about%2013%20transactions%20per%20second." rel="noopener noreferrer nofollow">13 transactions per second</a>, which is pretty low.Spherium Finance understands the potential of GameFi projects in the years ahead and that they may capture an <a href="https://www.theinformation.com/articles/what-will-metaverse-be-worth-in-2025-our-guess-is-82-billion" rel="noopener noreferrer nofollow">$82 billion</a> market by 2025.&nbsp; We are therefore always looking for projects that can also provide scaling solutions for GameFi and metaverse projectsAs a result, we're excited to announce today that we will integrate the OKC network by OKX into our HyperBridge platform.OKC provides a secure &amp; programmable smart contract platform for next-generation decentralized applications backed by OKX. The platform is based on enhanced Tendermint and Delegated Proof of Stake (DPoS) consensus that can support up to 4000 Transactions per Second (TPS). So then, Decentralized applications(DApps) can reach their full potential at an extremely low cost.<h2 id="header-0">Building an All-round HyperBridge Ecosystem</h2>Our Hyperbridge will be an all-encompassing ecosystem that considers where the world may be headed in the future. We want to expand this vision of ours with our latest partnership with OKC.Since OKC is 100%, EVM-compatible, decentralized app (DApp) developers can easily deploy their DApps from Ethereum (or other EVM-compatible blockchains) to OKC. Further, as a genuinely decentralized protocol, OKC offers smart contract auditing, avoiding the centralization risks associated with most blockchain networks today.In short, OKC HAS the following advantages:<ol><li>High Performance</li><li>More Compatibility</li><li>Inherently more friendly to developers</li><li>Highly Secure</li></ol>Thus, we are delighted to welcome OKC to our HyperBridge ecosystem.Using HyperBridge, our cross-chain bridge, you can transfer tokens, assets, smart contract instructions, or data between chains compatible with EVM or not. HyperBridge secures the connection between two blockchains, even though their protocols, rules, and governance models are different.Our&nbsp; HyperBridge will enable users to do the following:<ul><li>Quickly and easily deploy digital asset transactions;</li><li>Take advantage of low operational difficulty;</li><li>Benefit from lower transfer fees on non-scalable blockchains.</li><li>Implement dApps on a variety of platforms.</li></ul>It has always been essential to have an interoperable financial system long before cryptocurrency existed. However, as blockchain technology becomes more popular, solutions like cross-chain bridges are a significant step forward.Using HyperBridge, we aim to facilitate comprehensive interoperability and integration of blockchain applications for communities, investors, and project owners.<h2 id="header-1">About OKC</h2>OKC is a secure &amp; programmable smart contracts platform for next-generation decentralized applications, backed by OKX, one of the largest crypto exchanges. The technology built into the chain was designed for high-performance Dapps with lower cost, making it an excellent match for many DeFi protocols, NFTs, and other Metaverse applications.How to find OKC?Website |<a href="https://twitter.com/OKCNetwork" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.linkedin.com/company/okc-network/" rel="noopener noreferrer nofollow">LinkedIn</a>|<a href="https://discord.com/invite/em57qYyEVt" rel="noopener noreferrer nofollow"> Discord</a>|<a href="https://t.me/OKCNetwork" rel="noopener noreferrer nofollow"> Telegram</a> |<a href="https://discord.gg/62y38Kh8Pp" rel="noopener noreferrer nofollow">DevCommunity</a> |<a href="https://forms.gle/rL13FPssWUBCVaFG9" rel="noopener noreferrer nofollow">Submit Your Project</a><h2 id="header-2">About Spherium Finance:</h2>Spherium Finance is empowering the cross-chain community by developing a suite of DeFi applications that will be fully cross-chain compatible, including a Bridge, Universal Wallet, Token Swap platform, Money Markets, Staking services, Lending/Borrowing protocol, and inter-blockchain liquidity transfer.Spherium has a diverse product portfolio to provide comprehensive DeFi services, including:HyperBridge: An interoperable multi-chain bridge that allows tokens to be quickly bridged between EVM and Non-EVM compatible blockchains.HyperSwap: A cross-chain asset swap that is decentralized and based on an automated market-making mechanism.HyperLend: A decentralized money market where investors can lend or borrow digital assets at interest rates determined by supply and demand.Hyperwallet: A secure and decentralized wallet for Spherium products and services. Spherium offers a unified platform for multi-asset, cross-chain swaps, crypto financing, and cross-chain operability.To learn more about Spherium Finance, please visit our <a href="https://spherium.finance/#/" rel="noopener noreferrer nofollow">website</a>, follow us on <a href="https://twitter.com/spheriumfinance" rel="noopener noreferrer nofollow">Twitter</a>, and join our <a href="https://t.me/spheriumcommunity" rel="noopener noreferrer nofollow">Telegram group</a>.

Spherium to Launch HyperBridge to New Heights With OKC

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Spherium Finance

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