Crypto
Fintech
Crypto
Fintech
Crypto
Fintech
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Crypto
Fintech
Pact is a decentralized Automated Market Maker (AMM) protocol on the Algorand blockchain, designed to significantly boost liquidity within the ecosystem. As the technical partner of the Algorand Foundation, ULAM LABS spearheaded the complete technical execution of this project, from initial development to continuous enhancements.
Our collaboration focused on creating a robust, secure, and user-friendly platform that meets the dynamic needs of the Algorand community. By leveraging our expertise in blockchain technology and smart contracts, we have successfully established Pact as a key player in the decentralized finance (DeFi) space in Algorand.
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Backend;Frontend;DevOps;Smart Contracts
2022
2023
2024
2024
Implementing rigorous testing procedures to ensure bug-free features.
Implementing rigorous testing procedures to ensure bug-free features.
Implementing rigorous testing procedures to ensure bug-free features.
Implementing rigorous testing procedures to ensure bug-free features.
Launch of AMM and introduction of Stablepools
Implementation of ZAP, enabling liquidity addition with a single asset. Router development for optimized price impact and fees through multi-pool swapping.
Deplyoment of Farms and Rollout of Advanced Analytics
Integration of Algorand Foundation Governance participation with assets staked in Farms. Launch of Lendingpools.
As an investor, I have seen Ulam's work firsthand across multiple projects and highly recommend their team for anyone requiring blockchain development. They have demonstrated the ability to adapt across a range of different blockchain technologies and deliver high-quality products. The team is always professional and goes beyond just developing on technical specs offering valuable input and ideas resulting in more intuitive products.
Lead Investor
Pact debuted on the Algorand mainnet in February 2022, significantly advancing the Algorand ecosystem. It expanded beyond the capabilities of the ecosystem’s initial AMM protocol, which only facilitated swaps for Algorand Standard Assets.
As the main technology provider, ULAM LABS worked closely with Pact’s core team to develop and continually enhance the technology from scratch, supporting ongoing platform maintenance.
This collaboration ensured that Pact remained at the forefront of innovation, consistently delivering new features and improvements to meet the evolving needs of its users.
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Ensures that funds are securely held in smart contracts on the Algorand blockchain, preventing any administrative control over user assets by the Pact or ULAM LABS teams. This decentralization enhances security and trust, as users retain full control over their assets.
Utilizes Algorand’s atomic swaps and fast transaction capabilities to facilitate nearly instant settlements, thereby enhancing platform security. This feature ensures that trades are executed swiftly and securely, reducing the risk of price slippage and other trading inefficiencies.
Designed with a mobile-first approach, Pact offers an intuitive interface, robust liquidity options, and competitive fees. The user-centric design makes it easy for both novice and experienced traders to navigate the platform and participate in DeFi activities.
Compatible with several top Algorand wallets such as Pera, My Algo, Fireblocks, AlgoSigner, and Defly. This wide compatibility ensures that users can easily connect their preferred wallets and manage their assets seamlessly on the platform.
Allows liquidity providers to earn fees and rewards by contributing to various pools. This feature incentivizes users to provide liquidity, enhancing the overall liquidity and stability of the platform.
In collaboration with the Algorand Foundation and partners, Pact enables additional token rewards for liquidity committed by users, fostering ongoing revenue generation from staking. This initiative supports long-term user engagement and platform growth.
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