ChainX, an inter-chain crypto-asset financial blockchain, and Akropolis, a protocol that enables the creation of a distributed financial network, have formed a partnership which is meant to advance the asset management / Decentralized Finance vertical within the Polkadot ecosystem.
As Substrate evolves, the two teams will cooperate to support the efforts of both Parity, Polkadot and other parties involved in the Web3 ecosystem.
As the Polkadot parachain architecture becomes more mature, ChainX’s DEX will be connected to the Polkadot relay chain, therefore, be connected to all parachains. Decentralized trading and other financial operations are core to the functioning of the Akropolis Protocol — and the Akropolis team believes that ChainX is the perfect match within the Polkadot protocol.
“Akropolis believes that ChainX’s consistent and top quality work on Polkadot will be essential for the ecosystem forming around the protocol. This team has been a contributor from Day 1 and we are extremely glad to partner with them. To start supporting ChainX, we are running a validator node in their parachain. Together with ChainX, we will cooperate in research with regards to staking, governance and Akropolis’ project to support the Polkadot vision, Polkahub”
– Alex Maz, CTO, Akropolis
ChainX and Akropolis are also committed towards the improvement of developer experience and adoption growth. Polkahub will be a key focus: this is a Platform-as-a-Service (PaaS) for Substrate Nodes similar to Heroku. Polkahub’s goal is to create a managed container system — where developers will be able to deploy and run different parachains in “one-click” and without relying on DevOps.
Polkahub enables the automation of updates, resource management, and other features needed to run nodes. Furthermore, it offers a set of templates for easy parachain launching.
“We hope that through the combined efforts of Akropolis and ChainX, developer adoption in the Polkadot ecosystem will be able to grow faster and without unnecessary overhead for the newcomers, while leveraging the features that both the Akropolis and ChainX parachains will provide.”
– The Akropolis Team