Blockchain enthusiasts, there’s good news! 🎉 Circle Research recently announced that its first open source contribution, Perimeter Protocol, has been built from scratch without duplicating any project code. This means that Perimeter will provide a new standard for others to build on-chain credit markets. 🚀

It is worth mentioning that the encrypted credit protocol Maple Finance previously stated that the Perimeter Protocol code was forked from its project. However, Circle Research stated that Perimeter’s open source code is available for anyone to view and verify. 🔍

Sid Powell, co-founder of Maple Finance, posted on the 🧐

Let us look forward to Perimeter Protocol bringing more innovations and breakthroughs to the blockchain industry! 💪🌟