DForce roadmap: implement multi-chain strategy and introduce AMM in 2023

It is reported that the DeFi protocol dForce released the roadmap for 2023, including the implementation of multi-chain strategy; Introduce AMM and enable dForce AMM to support cross-chain transactions and liquidity aggregation; Introduce an isolation model, an efficient model and an unlicensed market for dForce Lending; Optimize PCL modules (structure, strategy, assets), etc.

Interpretation of this information:

The recent announcement by DeFi protocol dForce has caught the attention of the cryptocurrency community. As per reports, the organization has released its roadmap for the year 2023. And the future plans seem quite promising as they aim to implement a multi-chain strategy for their protocol.

One of the most exciting updates was the introduction of automated market makers (AMM) on the platform. Additionally, dForce will enable its AMM to facilitate cross-chain transactions and liquidity aggregation. AMM is an innovative mechanism that offers liquidity to the decentralized exchange and charges a fee from users that conduct trades on such exchanges.

Another significant addition is the introduction of an efficient model, known as the isolation model, for dForce Lending. This model offers a secure way of lending by isolating the collateral and locking it up until the loan has been repaid. This approach ensures that the lender is protected and can receive their funds in case of a default.

Besides, dForce aims to create an unlicensed market for lending, enabling users to bypass the traditional banking system and secure loans through decentralized finance. This decentralized lending model bypasses the limitations and delays of traditional finance systems, including complex loan application processes and credit checks.

Finally, dForce plans to optimize its PCL modules, including structure, strategy, and assets. PCL optimizes cryptocurrency trading by combining the centralized exchange’s order books with a decentralized exchange’s automated market-making model. DForce aims to enhance its PCL modules to provide seamless trading experiences and to enable traders to execute trades more efficiently.

In summary, dForce’s roadmap for 2023 includes implementing multi-chain strategies, introducing AMM for cross-chain transactions, optimizing PCL modules, and developing an isolation model and an unlicensed market for dForce Lending. With these initiatives, dForce aims to become a leader in DeFi protocols and offer its users an enhanced experience for decentralized finance. The three keywords of this update are DeFi, AMM, and Multi-chain strategy.