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'No-Code' Platform for Token Minting Introduced on Solana
MintingLab does not require any coding knowledge for minting and managing tokens.
Updated Sep 14, 2021, 1:31 p.m. Published Jul 27, 2021, 1:00 p.m.
Decentralized exchange (DEX) platform Dexlab has introduced MintingLab, a Solana-based platform to make minting and issuing tokens accessible for people with no background in coding.
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- Dexlab said MintingLab is the first Solana-centric platform for minting and managing tokens that does not require any coding knowledge, according to an emailed announcement Tuesday.
- According to the company, its launchpad enables the minting, issuing and publicizing of tokens "with a few clicks."
- "By breaking down Solana's major barrier of entry, the knowledge to code, many projects, especially non-blockchain ones, will be able to easily tokenize and enter the space," Dexlab CEO Dennis Lee said.
- Dexlab leverages the Sam Bankman-Fried–backed Serum DEX's central order book to support speed and shared liquidity.
- Uses a hybrid consensus model, combining a proof-of-stake and proof-of-history mechanism, the Solana blockchain is one of several aiming to draw users away from Ethereum with the promise of higher speed and lower fees.
Read more: Power Ledger to Move to Solana From Ethereum
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Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
알아야 할 것:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
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