Yellow Network has <a href="https://www.bundlebear.com/apps/linea" rel="noopener noreferrer nofollow">emerged</a> as the leading application on Linea’s Layer-2 blockchain, amassing over 227,000 users. This milestone underscores the platform’s growing influence in the decentralized finance (DeFi) sector.In May 2024, Yellow Network announced an exclusive partnership with Linea, aiming to redefine the DeFi landscape. This collaboration introduced engaging quests within the Yellow Wallet, designed to prepare users for innovative DeFi experiences.As the press release <a href="https://yellow.com/news/yellow-network-is-teaming-up-with-linea" rel="noopener noreferrer nofollow">stated</a>, Yellow Network embarked on an exclusive partnership with Linea, creating a groundbreaking collaboration that would redefine the DeFi landscape. Yellow Network introduced engaging quests within the Yellow Wallet, designed to gear users up for the revolutionary and exciting DeFi experience.Yellow Clearing Network is a Layer-3 P2P protocol that uses state channels to facilitate trading and settlement through smart clearing. By design, Yellow Network solves the problem of liquidity fragmentation and introduces a network of brokerages for a more efficient, truly decentralized, trading infrastructure.Linea, developed by ConsenSys, is a Layer-2 blockchain that leverages zero-knowledge proofs to enhance Ethereum’s scalability. Launched in alpha mainnet in July 2023, Linea integrates with over 100 decentralized applications and tools, offering fast, low-cost, and secure transactions. Its EVM equivalence allows developers to seamlessly deploy existing smart contracts without modifications, fostering a vibrant ecosystem across DeFi, NFTs, gaming, and more.The partnership between Yellow Network and Linea has facilitated the introduction of state-of-the-art technology for trading activities on the Linea network. This collaboration has been instrumental in Yellow Network’s rapid user growth, highlighting the increasing demand for efficient and secure DeFi solutions.

Yellow Network Becomes Most Popular App on Linea with Over 227K Users

Yellow News

Other articles published on Dec 3, 2024

This Metric Suggests BTC Could See Sharp Uptick Within the Next 2 Months

Tezos Launches First Blockchain-based Uranium Marketplace

Best Cryptocurrencies to Invest in Right Now December 3 – Aave, Solana, Maker

Orbitt Staking Goes Live With Almost $2M in ORBT Rewards (3 Dec)

Perennial Unveils a Novel Intent Layer for Perpetuals – Solving DeFi’s Fragmented Liquidity Problem

New opportunities for MAJOR Tokens holders with Bybit’s Exclusive Limited-Time Event

Join our free newsletter for daily crypto updates!