Blackhole.xyz – Cloudflare customer – (United States)
Innovative developers use .xyz domains to power cutting-edge decentralized finance (DeFi) platforms. Modular DEX platform Valantis.xyz empowers developers with customizable exchange-building solutions. Stripe-acquired payment platform Bridge.xyz, built by former Coinbase leaders, aims to simplify stablecoin payments. DEX infrastructure Mav.xyz brings programmable liquidity and smart contract control to DeFi. In this week’s #BlockchainThursday, we’ll introduce you to a liquidity hub built to support emerging ecosystems through collaborative, community-driven pool formation and governance: Blackhole.xyz.
Blackhole.xyz is the online home of Blackhole, a decentralized exchange (DEX) built on the Avalanche blockchain. According to the project documentation, Blackhole functions as a liquidity hub designed to support emerging blockchain projects. The platform provides mechanisms for collaborative liquidity formation, such as Genesis Pools, where project teams and community participants contribute assets together to establish liquidity. Blackhole also incorporates a vote-escrow token model that enables participants to lock the platform’s native token and take part in governance.1
The platform operates within a broader field of web3 platforms focused on improving liquidity coordination and community participation. The project draws from earlier decentralized finance models, including the vote-escrow approach from Curve Finance and the ve(3,3) framework used by other liquidity-focused protocols. According to the Blackhole documentation and communications, the platform aims to serve as a liquidity foundation for new and emerging ecosystems, including teams working in gaming and artificial intelligence on Avalanche. Its architecture includes modular automated market maker (AMM) options that allow projects to select liquidity configurations aligned with their token design.
According to reports, Blackhole is associated with Elliot Wainman (also known as Ellio Trades) and Alex Becker (also known as ZssBecker). Both individuals have public reputations in the crypto and digital asset community as founders and early-stage project supporters. 2The platform’s operations, however, are structured around token-based governance, where liquidity participants and veNFT holders influence incentive distribution and decision-making.
Blackhole.xyz provides a short and clear naming format that is easy to remember. .XYZ is used by many blockchain and digital-native projects, and it offers a flexible identity not tied to a specific industry. Using Blackhole.xyz supports findability for users searching for the project by name and aligns with the project’s presence within an ecosystem of experimental and emerging technologies. You can learn more by following the platform on X/Twitter and by visiting Blackhole.xyz.
1. https://blockchainmagazine.net/blackhole-dex-on-avalanche/ 2.https://phemex.com/academy/what-is-blackhole-black-deflationary-dex-avalancheXYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
