Fabrx is happy to announce bZx as one of the first Web 3.0 Adaptors added to their API Adaptor Suite.

bZx is the first decentralized margin lending and margin trading protocol on the Ethereum blockchain and enables DEX’s (decentralized exchanges) powered by both 0x and Kyber Network to offer shorting and leverage. bZx is an open-source protocol enabling developers to build their own dApps and leverage the protocol infrastructure.

The protocol’s base layer performs the essential functions of escrow and interest disbursement while the second layer can be freely built upon to create advanced functionality for the base layer. This includes ultra-fast margin settlement and pooled lending.

bZx Network can be easily accessed and integrated from Fabrx’s API Adaptor Suite, the first layer that gives anyone the ability to plug into a single API to access Web 3.0 applications in a 1:1 manner. At the initial release of the adaptor, developers will be able to seamlessly query the full list of available tokens on-chain and the Oracles on the network permitting the price discovery of ERC20 token pairs. Fabrx will also be incorporating loan and borrow creation abilities enabling users to open a bZx base protocol loan for margin trading or borrowing of a specified amount and leverage.

By using the Fabrx Platform, any organization or project can start building on top of bZx in just a few minutes with only a few lines of code.

Future updates for the adaptor include the capability to tokenize margin loans and positions with the integration of Fulcrum. Fulcrum is a front-end web interface for interacting with the bZx smart contracts and is built on the bZx base protocol. It extends the protocol by creating a pooled, peer-to-contract infrastructure enabling tokenized margin loans and tokenized margin positions with algorithmically determined interest rates.

Start Building on Fabrx and Add bZx Into Your Application Today

Visit the Fabrx Platform for more information and start integrating real Web 3.0 functionality into your application within a few minutes. You can also directly connect and chat with the team on their Discord should you have any questions or suggestions.

To learn more about bZx Network and their products please visit the following links:

bZx Website

GitHub

Twitter

Medium