Injective has partnered with DojoSwap to introduce the CW-404 standard which is inspired by the well-known ERC-404 standard.
Injective is a decentralized protocol that incorporates a multi-chain and multi-layer ecosystem which intends to foster innovation in decentralized finance (DeFi). On the other hand, DojoSwap is an innovative decentralized exchange that focuses on multi-chain asset trading.
The CW-404 standard will aim to ensure token compliance by establishing protocol rules that block non-compliant tokens. It is meant to enable secure and compliant processes in the DeFi landscape. It’s created following the example of the ERC-404 standard which is recognized and trusted in the blockchain community.
This partnership could have a big impact on the DeFi ecosystem, ensuring safer, compliant operations and transactions, and encouraging wider adoption of decentralized finance technologies.
Injective Partners with DojoSwap to Launch CW-404 Standard, Inspired by ERC-404
Injective has partnered with DojoSwap to introduce the CW-404 standard which is inspired by the well-known ERC-404 standard.
Injective is a decentralized protocol that incorporates a multi-chain and multi-layer ecosystem which intends to foster innovation in decentralized finance (DeFi). On the other hand, DojoSwap is an innovative decentralized exchange that focuses on multi-chain asset trading.
The CW-404 standard will aim to ensure token compliance by establishing protocol rules that block non-compliant tokens. It is meant to enable secure and compliant processes in the DeFi landscape. It’s created following the example of the ERC-404 standard which is recognized and trusted in the blockchain community.
This partnership could have a big impact on the DeFi ecosystem, ensuring safer, compliant operations and transactions, and encouraging wider adoption of decentralized finance technologies.
