DeFi | Europa
A SKALE Hub is a SKALE Chain designated for use by a specific group of projects or for use by projects in a particular category or industry. An example of a hub is the Nebula Gaming Hub, designated as a chain for gaming-related projects. Hubs represent a shared compute environment for projects that do not need all the resources that come with an individual SKALE Chain.
The Europa DeFi Hub is a SKALE Chain that offers a number of benefits to the SKALE ecosystem. It’s primary purpose is to offer projects building in the Decentralized Finance space to have a place to utilize shared compute within the SKALE Network. However, the Europa Hub also solves a key issue that is naturally inherited by a multi-chain network — Liquidity Fragmentation. Read about how the Ruby.Exchange team spearheaded the solution to Liquidity Fragmentation here. Projects that fit this category include, but are not limited to:
Decentralized Exchanges (DEX)
Lending and Borrowing