Ethfinex, the Ether based community trading ecosystem from Bitfinex has today unveiled what the full integration will look like of the Rigoblock asset management infrastructure on Ethfinex Trustless.
This integration will enable anyone, anywhere, to set up, run and invest in Ethereum-based token pools in a matter of minutes. Rigoblock is a blockchain protocol that makes it possible for anyone to set up and run a decentralized token pool. Offering modular and abstract software, Rigoblock enables any developer to personalize the blockchain protocol and build their own applications.
Coupled with their proof-of-performance algorithm which rewards operators based on the assets and performance of the pools they are running, Rigoblock turns the traditional model of asset management on its head, eliminating management fees and performance fees.
Rigoblock on Ethfinex
Rigoblock is designed with applications in mind, providing developers with the opportunity to create fully customized applications on top of it. Acting as the infrastructure layer for blockchain-based asset management applications, Rigoblock makes it possible for anyone to set up and run decentralized token pools on Ethereum.
“We are excited to reveal the integration of two open protocols working seamlessly together to bring value to this space. We are confident that Rigoblock and Ethfinex collectively will pave the way forevermore innovative applications being built, and thereby a new wave of financial revolution.”
The software is modular and flexible, allowing third-party developers to create, personalize and deploy their own investment vehicles, reducing operational frictions to the benefit of all participants.
“We are incredibly excited to be collaborating with Rigoblock to deliver a seamless asset management experience on Ethereum. With a shared ethos to provide a democratized and decentralized trading environment for the community, we are certain that this collaboration will pave the road for fantastic developments to take place within the realm of decentralized finance.”