GLITCH (GLCH) Layer-1 Blockchain is preparing for a breakout year in 2023

Singapore, Malaysia — Meet Glitch Protocol (GLCH), a rising star in the Layer-1 Blockchain Arena

Decentralized finance (DeFi) has emerged as a disruptive force in the financial landscape. However, its true potential has been limited by the complexity and scalability issues that plague existing systems. What if there was a dedicated blockchain specifically built for money market activities that enables cross-chain interoperability without bloat or congestion from non-productive applications?

enter Glitch protocol, a layer-one blockchain-agnostic superprotocol to facilitate trustless money markets. With a unique revenue sharing mechanism, Glitch stands out as the first purpose-built DeFi smart contract platform, paving the way for a global alternative to traditional finance.

Glitch is gearing up for incredible growth with 20x potential, credited to its platform’s features, strategic roadmap, and the highly anticipated native mainnet launch. In addition, Glitch aims to offer exclusive developer workshops, which provide valuable opportunities to learn, collaborate and innovate. As the project continues to gain momentum, its growing ecosystem and increasing adoption are set to catapult Glitch into the DeFi industry spotlight.

Mainnet May: Glitch Protocol’s Turning Point

The Glitch team is aiming high with the announcement of their “Mainnet May” initiative, which includes the mainnet launch on their native chain and a series of exclusive developer events starting in May to promote adoption. The coming months are expected to bring significant developments to the Glitch ecosystem, including native smart contracts, a currency migration bridge, an improved blockchain explorer, a browser extension wallet, and the Glitch Decentralized Exchange (GEX) MVP. Ultimately, these will empower developers, improve interoperability, and give users better tools to interact with the Glitch blockchain.

The native mainnet launch marks a milestone that enables developers to deploy money market dApps on a flexible, fast and secure network for the first time, from P2P markets to lending protocols and prediction markets. In turn, this drives Total Value Locked (TVL) and volume that attracts both developers and users, strengthening the value of the GLCH token.

Glitch has generated significant interest from developers eager to build on the network. In response to the growing number of requests from the community, the Glitch team has revealed plans to award grants to selected applicants, intending to support promising projects and encourage the development of a thriving ecosystem. This will further advance Glitch’s position as a leading platform for decentralized applications.

Positioned for success

Glitch is on the verge of exponential growth in 2023 and beyond. With the upcoming launch of native smart contracts, Glitch is set on the path to success. These milestones will serve as catalysts for growth, attract liquidity and encourage further development in the community. Glitch (GLCH) is one to watch as it prepares to significantly impact the DeFi industry!

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Press release distributed by The Express Wire

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