Concord, a proof-of-stake blockchain, was launched in June 2019 with its mainnet. Since then, the community has grown its neighborhood to over 500,000 lively platform customers on a number of cross-chain ecosystems. A few of these platforms are Aave, Curve, and Sushi, displaying Concord’s substantial development through the years.

The community has determined to hitch fingers with Covalent, equipping builders with unprecedented knowledge accessibility. The mixing will enable customers to entry the famend querying and indexing options for blockchain networks with a unified API. The preliminary integration stage means Concord builders can entry wealthy and granular knowledge to develop apps shortly and easily.

In September 2021, the blockchain launched its treasury to 300 million {dollars}, which it’ll use to share 50,000 {dollars} price of equity-free grants to members who carry revolutionary concepts. 

With such dedication, Concord attracts builders to work on its ecosystem organically. It’s at present one of the vital participating and vibrant communities within the DeFi sector. Names like Tranquil Finance and DeFi Kingdoms additionally constructed their protocols on Concord for a similar purpose. 

Ganesh Swami, Covalent CEO, talked in regards to the latest growth, praising the Concord neighborhood. In response to Gamesh, Concord boasts unparalleled traction and power within the blockchain neighborhood. Its sharding functionalities will help builders in constructing and scaling tasks with out compromising safety and decentralization. As well as, Covalent’s Unified API will even increase its growth velocity.

Concord can now entry Covalent’s API with the mixing, which has added visibility and transparency throughout 26 blockchains. Its dataset at present helps 30,000+ worth feeds, 200,000+ good contracts, and 25+ billion {dollars} in transactions. 

Given the stature and options of the platforms, the collaboration is definite to be a success.