Aptos will see significant growth and many innovations in the coming year, notably in responding to the needs of decentralized finance (DeFi).
DeFi applications such as a centralized price limit order book, an AMM (automated market maker), and DEXes are examples of DeFi applications (decentralized exchange).
According to The Daily Hodl, Mo Shaikh, co-founder of public chain project Aptos, revealed the project’s 2023 strategy in the most recent interview.
He stated that Aptos will see considerable growth and many innovations in the coming year, particularly in catering to the needs of decentralized finance (DeFi). Aptos plans to release a number of DeFi applications, including a centralized price limit order book, an AMM (automated market maker), and DEXes (decentralized exchange).
“There’s some very fascinating DeFi stuff coming out shortly that takes advantage of not only things like Move, but also parallel transaction processing,” he said. So, central limit order books, AMMs (automated market makers), DEXes (decentralized exchanges) – all of these things will be interesting to watch in Aptos. That will represent a quantum leap in innovation over all we’ve seen in the prior generation of blockchain. So we’re looking forward to everything.”
On the other hand, Aptos will implement an innovation strategy known as “laddering” and will not take the risk of shifting all users onto Layer 1 or Layer 2 at the same time. There are currently significant organizations and businesses on Aptos working on the development of innovative Web3 products. In the year 2023, it is likely that use cases like these will become a reality.
He also stated that users of Web3 are building new inventive things on Aptos, and that what is to come would be superior to what users have seen so far in the future. Aptos is excited to see all of those use cases come to life both now and in 2023, and significant entities and businesses that were… enthusiastic about Web3, but were uncertain, are now building on Web3 in a substantial way.
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