IOST Connects with Gravity for Inter-Chain DeFi

The high throughput, enterprise-grade IOST blockchain is partnering with Waves in a move that will see Gravity connect to the scalable network to promote cross-chain DeFi as per an update on Nov 3. Gravity is a blockchain and token agnostic oracle system and an anchor for inter-chain DeFi–which remains under-explored despite its potency.

By partnering with Waves and incorporating Gravity, IOST will benefit from new trading opportunities. As such, the IOST coin will be available in competing platforms like Ethereum, Tron, and others integrated with Gravity as a wrapped token, even paving the way for IOST listing in leading DEXes in various protocols including Uniswap.

Timeline of Ethereum, Iostoken, Uniswap, Waves