SubQuery announced a groundbreaking partnership with Ref financing, advancing blockchain technology and decentralized financing (DeFi). This partnership marks a DeFi milestone. SubQuery, a popular blockchain indexing tool, is learning to handle Ref Finance. Ref Finance is a major NEAR Protocol AMM and DeFi Shard.
Ref Finance Enhances User Experience with SubQuery’s Data Indexing
Ref Finance is a novel NEAR ecosystem entity that uses the NEAR Protocol’s low transaction costs and fast finality. Ref Finance can provide a gateway to a variety of decentralized finance (DeFi) opportunities. The platform offers trading, liquidity, yield farming, staking, and token governance within a community-determined framework.
SubQuery’s data indexer helps Ref Finance become a dynamic, target=”_blank” rel=”noopener”>SubQuery collaborated at the right time. The innovative indexer’s sophisticated data indexing will allow transaction monitoring, user interaction analysis, and Ref Finance protocol upgrades. The expected partnership between these two organizations will increase operational knowledge and expansion strategies, benefiting Ref Finance and the NEAR ecosystem.
The relationship amongst DeFi enthusiasts improves performance, making participants happy. Due to SubQuery’s fast data indexing and flexibility, Ref Finance can seamlessly analyze transactions and returns. This better user experience should boost Ref Finance’s attractiveness and strengthen the NEAR Ecosystem.
SubQuery and Ref Finance Redefine the Landscape of DeFi Data
SubQuery Projects, a key part of SubQuery’s line of services, will let Ref Finance track projects and adapt to changing situations. Like other Web3 companies, SubQuery’s enterprise-level hosting has perks. To maximize speed and availability, specialized databases, automated deployments, and geographically scattered clusters are used.
SubQuery’s spokesman noted their experience with Ethereum, Polygon, Polkadot, Cosmos, Algorand, NEAR, and Avalanche clients in the deal. This makes them the leading indexing service for Web3 developers. By supporting other blockchain networks, they want to make complex blockchain data more accessible and understandable.
SubQuery and Ref Finance’s relationship might revolutionize DeFi data indexing. It shows a future where decentralized finance is more efficient, accessible, and data-driven. The merging of these two pioneering businesses promises a brighter future for DeFi fans and the blockchain community.
Read the full article here