GLITCH is a blockchain-agnostic super protocol explicitly designed for trustless money markets and decentralized financial applications (dApps). Glitch solves the expensive fee structure of other blockchain platforms while simultaneously rewarding all ecosystem participants and guaranteeing low network fees. Glitch plans to incorporate token wrapping bridges, where dApps can run more efficiently, all in service of Glitch's ultimate goal: to become a cornerstone of DeFi infrastructure.
One of the key benefits of GLITCH is its unique revenue-sharing model, which aims to solve the expensive fee structure of other blockchain platforms. The protocol rewards ecosystem participants and guarantees low network fees, making it an attractive option for developers and users alike. Glitch plans to incorporate token wrapping bridges, where dApps can run more efficiently, all in service of Glitch's ultimate goal: to become a cornerstone of blockchain infrastructure.
Some of the benefits of GLITCH for developers and users include:
- Low network fees
- High throughput and low latency
- Token wrapping bridges
- Interoperable and blockchain-agnostic
- Revenue sharing mechanism
- Providing a reliable and efficient protocol for money market dApps
- Modularity allows for flexibility and scalability in the development process
Website: www.glitch.finance
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Mainnet release schedule:
- Phase 1: Complete as of Jan 17, 2022
- Phase 2: Complete as of March 14, 2022
- Phase 3: Complete as of June 6, 2022
- Mainnet Launch: Estimated completion in May 2023
- Phase 4: Estimated completion in 2023
What Is Glitch? Layer-1 DeFi Blockchain Comes To Life
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