Azuro is pioneering an innovative approach in the world of decentralized finance (DeFi) and betting.
Azuro is pioneering an innovative approach in the world of decentralized finance (DeFi) and betting. Unlike traditional platforms, Azuro is not merely developing a single decentralized application (dApp); instead, it’s building a comprehensive infrastructure designed to support a thriving ecosystem with substantial potential for scalability. This vision is brought to life through several key components
💻 Infrastructure/Liquidity Layer
Azuro functions as an infrastructure and liquidity layer for on-chain betting. It employs a novel Liquidity Pool design, known as the Liquidity Tree, to create and maintain market liquidity. This unique approach enables Azuro to support a wide range of sports markets and other games, offering a rich set of features. The platform is designed to be accessible and permissionless, allowing for the creation of a variety of apps, embedded integrations, or derivative products
💎Azuro Protocol
At the heart of Azuro’s infrastructure is the Azuro Protocol, which comprises a suite of upgradable smart contracts. These contracts form a protocol that can be used permissionlessly for creating applications and products focused on betting with ERC-20 tokens on Ethereum Virtual Machine (EVM)-compatible blockchains. The protocol’s flexible and upgradable nature signifies its readiness to adapt and evolve with the changing landscape of blockchain technology
🔄Azuro Components
To facilitate quick and efficient development on the Azuro Protocol, the platform offers Azuro Components. These web components are designed to simplify the process of building applications on the Azuro Protocol. The intuitive interface provided by these components is just one of the many ways developers can build dApps, indicating the platform’s focus on ease of use and developer-friendliness
👨👨👧👧 Azuro DAO
Governance is a critical aspect of decentralized platforms, and Azuro addresses this through the Azuro DAO (Decentralized Autonomous Organization). This governance system is responsible for overseeing the Azuro Protocol. The DAO is expected to transition to and be enabled by the AZUR token once it is launched, indicating a future where governance and tokenomics are closely intertwined.
✨New SDK Release
Azuro has recently released a new Software Development Kit (SDK), significantly reducing the time required to build a frontend from over a week to just a few days. This SDK offers a comprehensive collection of React hooks and utilities, specifically tailored for creating betting applications. By eliminating the need to worry about tedious setup details, the SDK streamlines the development process, making it easier and more efficient for developers to build on the Azuro platform.
The combination of these elements makes Azuro a powerful and flexible platform, positioned to be the backbone that powers the future of GambleFI. With over 20+ frontends already live or going live, Azuro is demonstrating its capability to revolutionize the decentralized betting space, offering scalability, ease of use, and a robust ecosystem for developers and users alike.
Join the Azuro community today and discover the future of on-chain betting.
