PRESS RELEASE. Many companies want to be ready for the inevitable transition to Web3 because of the global increase in decentralization and emerging technologies such as NFTs, Blockchain, and metaverse.
"The Swappery" has just announced the launch of its eagerly awaited decentralized exchange (DEX), on Casper Network. The DEX was launched back on March 2021 on Binance Smart Chain (BSC). It is now live on the Casper Blockchain mainnet. The Swappery is now the first fully functional cross-chain DEX on Casper Network. This makes it an important part of the Casper Ecosystem.
What's a DEX?
A decentralized exchange can be described as a Peer to Peer (P2P), marketplace in which transactions are made directly between cryptocurrency traders. Because they fulfil one of the core capabilities of the crypto sector, decentralized exchanges (DEXs) are essential. They facilitate financial transactions that are not handled by brokers, banks, or any other intermediary.
BSC is the basis of many popular DEXs such as PancakeSwap or BiSwap. Now, The Swappery has been included to this growing list. The Swappery, however, is the first DEX to be added to the Casper Network.
What do you need to know?
The Swappery launched on CasperPad 9 March 2022. This is the Casper Blockchain's first launchpad. Launching on the Binance Smart Chain testnet was the first step. The BSC testnet allowed crypto enthusiasts to test the DEX's capabilities before it was released to the public. The Swappery received a lot of valuable feedback and positive comments during this process. This was to help make the DEX more attractive and functional.
Additionally, The Swappery, which is currently live on Casper mainnet has all the essential speed and design improvements that include Yield Farming functionality, swapping capabilities, and liquidity. As the community provides valuable feedback, additional functionalities will be added.
According CasperPad's CEO "The Casper Blockchain, a burgeoning ecosystem, is really starting to takeoff so we wanted to provide a DEX and continue growing with them in order help provide the highest quality features and services." We are therefore unique in this sense, and have many exciting things in the future.
The Swappery
The Swappery is the Casper Network's first cross-chain DEX. The exchange's overall goal is to provide high-quality, advanced decentralized trading capabilities for Casper Network. This will significantly enhance the ecosystem and create new opportunities. You can find out more through the Telegram and Twitter channels.
Casper Association
The Casper Association, a non-profit organization that oversees the Casper Network's ongoing development and decentralization, is called the Casper Association. It provides the necessary resources to accelerate Casper's adoption and its expanding ecosystem of decentralized apps. To learn more, visit https://casper.network/en/network.
CasperPad
CasperPad, the first Casper-supported and fully decentralized launchpad is now open. CasperPad was created to launch disruptive and innovative projects on the Casper Network. CasperPad provides a unique opportunity to invest in future Casper Network projects.
Additionally, users can access the public sale of top new projects by holding the official CasperPad token ($CSPD). CasperPad projects are carefully selected through rigorous vetting. This includes everything from the origins and legitimacy of the project teams, as well as their implementation capabilities. The goal is to build a Casper ecosystem that is highly respected and respected around the globe. To learn more, visit https://www.casper-pad.io/
This is a press release. Before taking any action related to the promoted company, or any of its affiliates, or services, readers should do their research. Bitcoin.com does not assume any responsibility for any loss or damage caused or alleged by the use or reliance of any content, goods, or services mentioned in this press release.
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By: Media
Title: The Swappery Cross-Chain DEX Launches Utilizing Casper Blockchain
Sourced From: news.bitcoin.com/the-swappery-cross-chain-dex-launches-utilizing-casper-blockchain/
Published Date: Thu, 01 Sep 2022 23:00:04 +0000
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