Vizing ecological project Likwid launches truncated oracle technology

ChainCatcher news, according to official sources, the Vizing ecological project Likwid has launched a truncation oracle technology. This technology has been officially included by UniChain as a significant innovation based on Uniswap V4 and Unichain. Based on this technology, Likwid can address the price manipulation issues of long-tail assets in a multi-chain environment, thereby opening the door for leveraged trading of small market cap tokens on-chain.

In addition, Likwid's previous token launch over-subscribed by more than 8,000 ETH, with an increase of over 400 times.

It is reported that Vizing is a coordination layer developed by a leading cross-chain bridge team, aimed at solving liquidity fragmentation and user experience issues among heterogeneous blockchains such as ETH L2s, Solana, and SUI through a unified smart contract account system and ZK proof aggregation technology.

Currently, the Vizing ecosystem has over 200 Dapps utilizing multi-chain technology, among which projects like Astra and Likwid have successively received investments from Animoca, Folius, and Red Dot Capital's Skyland Ventures, generating returns.