ICP ecosystem Is flourishing, underpinned by a mass of Bitcoin utility and innovation, thanks to the direct integration with the Bitcoin network last year. This direct integration allows ICP’s canister smart contracts to create Bitcoin addresses and execute transactions in a high-speed, low-cost environment without relying on risky external bridges or intermediaries.

DFINITY has raised $102 million in funding, in a round jointly led by Andreessen Horowitz (via its crypto fund a16z crypto) and Polychain Capital

Lean more: https://linktr.ee/internetcomputer

What is Ordinox cooking with frens over at ICP — Chain Fusion?

Our integration of Internet Computer’s Threshold ECDSA capabilities represents a groundbreaking advancement in cross-chain vault security. By leveraging ICP’s robust canister-based infrastructure, Ordinox has implemented a sophisticated threshold signing system that enables secure, decentralized management of digital assets across multiple blockchain networks.

The technical architecture combines ICP’s threshold cryptography with our custom-developed components: an advanced canister implementation for coordinating threshold signatures, a high-performance Go client for efficient signing operations, and EVM-compatible smart contracts that seamlessly verify these signatures. This integration allows us to achieve unprecedented levels of security through distributed key management while maintaining the flexibility needed for cross-chain operations.

As part of ICP’s Chain Fusion vision, this integration demonstrates the practical application of canister-based infrastructure for cross-chain operations. Our development work with threshold signing workflows and EVM integration patterns contributes to the growing ecosystem of cross-chain solutions on Internet Computer.

“By implementing secure vault management through ICP’s threshold cryptography, we’re helping showcase how critical DeFi infrastructure can be built and secured using ICP’s unique capabilities. Looking ahead, we plan to open-source specific components of our implementation and expand our integration to support non-EVM chains, further strengthening the bridge between Internet Computer and the broader blockchain landscape.”. Ashwin Prasad tech lead and co-founder of Ordinox.

Ordinox is committed to offering comprehensive community support throughout the marketing camapaign, ensuring a smooth onboarding of users coming through from ICP into Ordinox. Our team will address any concerns or inquiries from the ICP team.

We will be able to tap into an extensive repository of resources, knowledge and support provided to us by ICP and its ecosystem partners.

Learn how you can participate in our Incentivised Testnet — Origins with in-depth guides and tutorials on our docs and blog, and if you’re interested in integrating Ordinox into your tech stack, reach out via our project intake form. Don’t forget to check out our twitter, to stay updated with everything related to Ordinox and the team!

Magic Square backed by Binance Labs provides Web3 solutions to make crypto more accessible for all. Users can discover and experience various dapps, CeFi and DeFi, NFTs, Games, and much more in one single space.

Learn more about Magic Square here: Website

What is Ordinox cooking with frens over at Magic Square?

Ordinox, as a Layer 1 protocol designed to unify liquidity across all chains, stands to benefit significantly from its integration with the Magic Store. By leveraging Magic Square’s platform, Ordinox can enhance its community outreach and attract high-quality, KYC-verified users who are eager to engage with DeFi solutions.

This partnership would allow users to seamlessly access various decentralized finance applications through their personalized Magic Spaces, ensuring a streamlined experience.

With features like earning Magic Karma through the Use-to-Earn model, participating in affiliate programs via Magic Boost, and accessing exclusive Hot Offers, Ordinox users can deepen their engagement and commitment to the ecosystem. This synergy not only amplifies the reach of Ordinox but also enriches the overall user experience within the DeFi landscape, fostering a vibrant and engaged community.

Ordinox Campaign Goes Live On The Magic Store

“I believe our partnership with Magic Square is a game-changer. By leveraging their platform, we can attract quality, KYC-verified users and enhance our community engagement. This collaboration will allow new users coming through from Magic Square and it’s ecosystem to easily access and enjoy the full potential of our unified liquidity across all chains.”. Ankit Sethi marketing lead and co-founder of Ordinox.

Ordinox is committed to offering comprehensive community support throughout the marketing camapaign, ensuring a smooth onboarding of users coming through from Magic Square into Ordinox. Our team will address any concerns or inquiries from the Magic Square’s team.

We will be able to tap into an extensive repository of resources, knowledge and support provided to us by Magic Square and its ecosystem partners.

Learn how you can participate in our Incentivised Testnet — Origins with in-depth guides and tutorials on our docs and blog, and if you’re interested in integrating Ordinox into your tech stack, reach out via our project intake form. Don’t forget to check out our twitter, to stay updated with everything related to Ordinox and the team!

Welcome to Ordinox! Follow these steps to get started and make the most out of Ordinox Testnet.

1. Sign Up for Ordinox

- Go to https://origins.ordinox.xyz/. Verify the URL to ensure security.
- Don’t Have an Invite Code? No worries! Join our Discord and check out the #Invite-codes channel to grab one.
- Enter a 6-digit alphanumeric invite code.
- Start Exploring: Once you have your entered an code, you’re all set to play with the testnet!

⭐ Walkthrough: https://app.storylane.io/share/1mucdphsahom

2. Use Faucet & Deposit

Connect Wallets:
- Bitcoin Mainnet Wallet (Unisat)
- Ethereum Mainnet Wallet (Metamask)
- Switch to ‘Base Mainnet Network’ and deposit at least $1 in ETH for gas.
Get eUSDT:
- Navigate to the Faucet section via the top nav bar.
- Click on “Request” and sign the transaction.
- Voila! You now have 10 eUSDT.
Deposit eUSDT:
- Go to ‘Trade’ in the top nav bar.
- Click on Deposit and deposit your 10 eUSDT.
- Your deposit amount should now appear in the swap tab or your balance. If not, reload the page.
- You’re now ready for swapping!

⭐ Walkthrough: https://app.storylane.io/share/z82oihbfd48n

3. Swap, Check Balance & Withdraw

Start Swapping:
- Head over to ‘Swap’.
- Swap eUSDT to RAWT (BRC20).
- Use RAWT (BRC20) to swap for other tokens on Ordinox.
- For every swap you make you pay 0.1 eUSDT in fees.
Check Balance:
- Navigate to ‘Wallet’ (icon next to your profile page).
Withdraw Tokens:
- Go to the ‘Withdraw’ section.
- Enter the amount you wish to withdraw and click on withdraw.
- Sign the transaction to complete the process.

⭐ Walkthrough: https://app.storylane.io/share/bmil9keg4r5s

4. Add Liquidity

Provide Liquidity:
- After your first successful swap, head over to ‘Pool’ using the top nav bar.
- Select a pool or click on ‘Add Liquidity’ above the TVL graph.
- Enter the amount and click on ‘Add Liquidity’.
- For every pool you add liquidity in you pay 0.1 eUSDT in fees
Manage Liquidity:
- View your position in the selected pool.
- Adjust or remove liquidity by using the ‘Manage’ tab.

⭐ Walkthrough: https://app.storylane.io/share/j1svmouftbfu

5. Points & Ranking

Earn Points:
- Based on swap frequency, swap volume, LP size, LP duration, using the faucet, and utilizing boosts.
Track Points:
- Navigate to the ‘Score’ section via the top nav bar.
- Click on Scorecard to view points and leaderboard rank.
- Compete in weekly leaderboards for exciting rewards, like bonus points and ORDINOX•VIALS.
Daily Cap:
- Maximum of 7,500 points per day in Epoch 2.
- Cap applies to actions like swaps and adding liquidity. Referrals can still earn points beyond the cap.
- Track your daily cap reset timer in the ‘Score’ -> ‘Leaderboard’ section.

⭐ Walkthrough: https://app.storylane.io/share/sla8pnkr1h7w

6. Referrals

Generate Invite Codes:
Go to the Scorecard section and click on ‘Generate code’.
You can generate up to 20 unique invite codes, each for one-time use.
Successfully used codes will be marked with a blood mark for easy tracking.
Referral Tiers:
Ranging from ‘Crawler’ to ‘Mutant’, with increasing rewards.
A referral is successful if your friend uses the faucet and makes at least one swap.
Successfully inviting 20 friends earns you the GOD invite code, which allows unlimited invitations with a single code.

⭐ Walkthrough: https://app.storylane.io/share/xlwmr8kmxwld

7. Perks

Boosts:
- Boosts help you earn points faster and gain rewards during the Epoch.
- Discord Role Boosts:
- Blitz Role: 10% boost across all activities.
- OG Role: 20% boost across all activities.
- Connect your Discord in the ‘Perks’ section to apply the boost.
ORDINOX•VIALS:
- Earned by climbing the leaderboard and earning points.
- Increase your chance of being whitelisted for the Ordinox Blood Vials NFT Mint.

⭐ Walkthrough: https://app.storylane.io/share/c2t5z4bkhhjw

Where to find us:

• Visit our Website
• Check out the App
• Follow us on Twitter
• Join our Discord

Ordinox is excited to announce a $1 Million pre-seed raise to build Automated Market Makers (AMMs) tailored specifically for BRC20s and Runes.

We are thrilled to announce that Ordinox has secured $1 Million in a pre-seed round, led by DACM with participation from CMS Holdings, UTXO Management, Plassa Capital, Outlier Ventures, Sats Ventures, STS Digital, Hidden Street Capital and angel investors:

• Tycho Onnasch (Zest Protocol)
• Domo (Layer 1 Foundation)
• Nicolas Pinto (Cygni Labs)
• FarmerJoe (BTC Angel)
• Karim Halabi (NGMI Labs)

As a Cosmos-based Automated Market Maker (AMM), we empower users to trade BRC20s and Runes in a non-custodial manner, while also facilitating cross-chain swaps to bolster liquidity.

The funding announcement comes alongside Ordinox testnet launch. The funding will be used to hire key developers, support the project through mainnet and support ongoing audits with Halborn and Hacken to maintain top-tier security and reliability.

A word from Tycho Onnasch, Co-founder Zest Protocol

“There’s a serious gap in the Bitcoin cross-chain liquidity and Ordinox is the team to bridge it. They are building critical infrastructure that will unlock liquidity to flow seamlessly from EVM based chains onto DeFi on Bitcoin. I am very excited about the progress I’ve seen from Ashwin and the rest of the Ordinox team as they build out the infra stack for a cross-chain gateway for the degens from mature ecosystems like Ethereum and Solana to tap into Bitcoin’s DeFi landscape”

Alongside our investors we would like to thank the Bitcoin community for supporting us and guiding on the path to testnet. Spending time at Bitcoin Conference and Ordinals Asia, talking to real builders and founders has helped us enormously in navigating our product strategy and roadmap.

Ordinox

Ordinox is a cosmos-based app chain building Automated Market Makers (AMMs) tailored specifically for BRC20s and Runes. What sets us apart? We offer a fully non-custodial platform with the proven security model inspired by Thorchain. Our innovative approach allows for seamless cross-chain pools, enabling users to participate in liquidity pools such as USDT <> BRC20 and USDT <> Runes without the hassle of wrapping or bridging assets. With 5-second finality, trading against these pools is swift and efficient, ensuring a seamless user experience.

We believe Runes are here to stay, with users having spent 2,264 BTC ($154 Million USD) thus far on minting Runes. Transaction share of Runes have fluctuated between 11–81% with a bunch of new users hopping on board (we’re talking daily sign-ups ranging from 50k to 192k!) since the halving. While it’s still early days, we believe that providing Runes users further improvements across the ecosystem is extremely opportunistic given the undeniable momentum we have seen thus far.

A word from Guillaume, Venture Associate @UTXOManagement

We are confident that 2024 will be the year that bitcoin the asset will add another weapon to its arsenal of bullish narratives because its utility is going to increase as a function of the Bitcoin network realizing its full potential by becoming “the apex predator of economic settlement”. A gigantic wave of brainpower and liquidity is coming back to Bitcoin and we are prepared to ride it.

What’s coming next

We are live on testnet and support mainnet assets on Bitcoin and EVMs with plans of supporting Solana in the near future.

One of the experience which we are keen on replicating includes bringing a pump.fun like experience over onto Bitcoin with BRC20 & Runes, allowing meme coins to actualize their true potential — Users can etch a new rune, get seeded initial liquidity and let people trade with high frequency and very low fees.

Finally, Ashwin & the team are also working on various LP incentivization mechanisms such a ve(3,3), to attract deep and stable liquidity across the blue chip and meme tokens listed on Ordinox.

Where to find us:

• Visit our Website
• Check out the App
• Follow us on Twitter
• Join our Discord

We’re excited to announce that Ordinox has officially joined the Bitcoin Base Camp! This is the first Bitcoin ecosystem startup accelerator program, working with leading early-stage founders focused on powering the crypto ecosystem through leveraging the Bitcoin network, intended to optimise newfound innovation in the space spanning across composability, functionality and scalability.

Ordinox was one of the few teams, hand selected to participate in a 3-month intensive program with instrumental support from Outlier Ventures, Plassa Capital and IOV labs. Read the full cohort announcement here

Our focus in the program will be to further develop DeFi solutions on Bitcoin by facilitating cross-chain swaps between ERC-20 tokens and Bitcoin Inscriptions / Runes based tokens.

About Ordinox

Ordinox is a native cross-chain swapping infrastructure focused on bringing EVM’s DeFi liquidity to Ordinal Inscription-based tokens like BRC20, as well as Runes-based tokens. The core infrastructure enables token holders to earn native yield while facilitating a direct, non-custodial swap between ERC20 tokens and tokens on Bitcoin, without wrapping or tunneling.

Joining Base Camp propels Ordinox towards unparalleled growth and success, leveraging a diverse network of mentors and support across pivotal domains: technology, tokenomics, legal, and product. It’s our gateway to excellence and innovation.” — Ashwin Prasad, CTO and Co-founder at Ordinox

We are excited to be part of this program. Let’s go!

Don’t forget to check out our twitter and join our discord, to stay updated with everything related to Ordinox and the team!