Cardano has partnered with Spectrum Finance, a cross-chain decentralized exchange (DEX) that specializes in trustless, cross-chain programmable messaging. Spectrum Finance offers various functionalities, including the Spectrum Finance Ergo AMM and Spectrum Finance Cardano AMM, which implement the Uniswap v2-like AMM protocol on top of Ergo Layer 1 blockchain and Cardano Layer 1 blockchain.
The Spectrum Network, or Spectrum Protocol, is at the heart of these offerings and is designed as a cross-chain smart contract platform that enables the creation of dApps that operate natively in a cross-chain environment. This partnership will enhance interoperability and allow for the creation of innovative dApps that leverage the best of both Cardano's sophisticated smart contract capabilities and Spectrum's cross-chain abilities.
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