Digital Journal

StellaSwap Launches the First Moonbeam DEX, Partners with the Multichain for Bridging Infrastructure

0

Singapore, 13 Jan 2022, ZEXPRWIRE, StellaSwap has launched the first decentralized exchange (DEX) on Moonbeam, within 24 hours of the Moonbeam network being live. This was a momentous occasion for the Polkadot ecosystem as a whole, as the launch of Moonbeam brings about the first fully operational parachain on Polkadot.

As the first and leading automated market-making (AMM) DEX for the Moonbeam parachain network, StellaSwap’s main objective is to create a broader range of network effects to address the issues of liquidity. This is especially pertinent to a new blockchain network with limited liquidity. As of this moment, users are able to trade and yield farm on StellaSwap.

“We are very excited to be one of the first DEX to launch on Moonbeam. When Dr Gavin Woods proposed the idea of a heterogeneous multi-chain framework back in 2016, we immediately subscribed to the vision of how that is going to be the next evolution of decentralized networks. Almost five years later, this has turned into a reality with the launch of the first parachain, Moonbeam. We’re honored to be one of the first to launch.” – StellaSwap Representative

StellaSwap generated considerable hype after a strategic partnership with Multichain, the world’s leading cross-chain protocol. 

“We’re excited to work with Multichain to streamline asset transfer across different blockchain networks. Multichain is the leader in cross-chain asset transfers, with the most variety of crypto assets and the most user-friendly protocol with low transaction fees and shorter bridging times. Given StellaSwap will be one of the first DEX on Moonbeam, having a robust bridging infrastructure with the help of Multichain would streamline value accrual within the Moonbeam ecosystem” — StellaSwap Representative

“It’s also our pleasure to partner with StellaSwap, the leading DEX and DeFi gateway on Moonbeam” – cited the official Twitter account for Multichain.

StellaSwap launched with a fair model token distribution, in an effort for true decentralization and providing a fair way for users to acquire their native token, STELLA. StellaSwap is made up of a team of engineers and developers in the field of cybersecurity & smart contracts development, with considerable experience in scaling FinTech companies before.

About StellaSwap

Protocol: StellaSwap

Contact: Media Team

Website: https://stellaswap.com/

Email: [email protected]

Twitter: https://twitter.com/StellaSwap

Reddit: https://www.reddit.com/user/stellaswap

Telegram: https://t.me/stellaswap

Blog: https://stellaswap.medium.com

docs: https://stella-swap.gitbook.io/stellaswap/

The post StellaSwap Launches the First Moonbeam DEX, Partners with the Multichain for Bridging Infrastructure appeared first on Zex PR Wire.

ZEX PR WIRE
ZEXPRWIRE operates a flat rate press release dissemination service, specializing in the delivery of press releases throughout the world. All articles published here are Sponsored, ZEXPRWIRE Staff may not have modified or edited the content body. The views and facts appearing in the articles do not reflect the opinions of ZEXPRWIRE, also ZEXPRWIRE does not assume any responsibility or liability for the same.

Play-to-Earn project Tank Wars Zone has raised $2.37 M in investment and announces IDO launches on January 18-22, 2022

Previous article

Everdome is tossing out block-like experiences with their ultra-realistic Metaverse launch and settlement of Mars.

Next article

You may also like

Comments

Comments are closed.