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    Injective Partners with DojoSwap to Launch CW-404 Standard, Inspired by ERC-404

    • February 23, 2024
    • admin
    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.
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