Press Release
Press Release With decentralization and the unprecedented global rise of emerging technologies like NFT, blockchain, and metaverse, it makes sense that many companies want to ensure they are prepared for the seemingly inevitable transition to Web3 Web3 , it makes sense that many companies want to ensure they are prepared for the seemingly inevitable transition.
To that end, ‘The Swapperyrecently announced the launch of its long-awaited decentralized exchange (DEX) on the Casper network; the DEX will launch on the Binance Smart Chain (BSC) in March 2021, and currently operates on Casper Blockchain and is now live on the main network of Blockchain. This officially makes The Swappery the first fully functional cross-chain DEX on the Casper Network and highlights the entire initiative as a pioneer in the Casper ecosystem.
What is a DEX
Simply put, a decentralized exchange is a peer-to-peer (P2P) marketplace where transactions take place directly between various cryptocurrency traders DEXs facilitate financial transactions not controlled by banks, brokers, or other types of third parties or intermediaries This is important because it fulfills one of the core potentials of the crypto sector: to facilitate financial transactions that are not controlled by banks, brokers, or other types of third parties or intermediaries, and effectively eliminate “middlemen.”
Many popular DEXes like PancakeSwap and BiSwap operate on the BSC, and now The Swappery has been added to that growing list. Most notably, however, The Swappery is the first DEX in the Casper network, as mentioned above.
What to Know
The Swappery was launched onMarch 9, 2022 with CasperPad, which is the first launch pad featuring the Casper Blockchain. The first step was therefore to launch on the Binance smart chain testnet; through the BSC testnet, crypto enthusiasts were able to test the DEX functionality before the mainnet. During this process, The Swappery incorporated a lot of important feedback and positive comments on all improvements of the DEX to make it more attractive and functional.
In addition, The Swappery is now running on the Casper mainnet, with all sorts of essential speed and design improvements, including a new “Yield Farming” feature, swap functionality, liquidity offerings, etc. The DEX has been working hard to improve how the community will additional features will be added as we gather more feedback, as they play an important role in what it looks like and how it works.
According to CasperPad’s CEO,“The Casper blockchain is a fast-growing ecosystem, and as such, we wanted to be one of the first to offer DEX and consistently grow with them to provide the best features and services. So Swaply is unique in that sense, and we have some exciting things planned for the future, so stay tuned.”
About Swappery
The Swappery is the first cross-chain DEX created forIt is the first cross-chain DEX built for the Casper Network. The overall vision of the exchange is to facilitate the high quality and highly decentralized trading capabilities of the Casper Network, thereby significantly enhancing the decentralized ecosystem and creating opportunities that were previously unattainable. More information can be found hereor onTwitterandVisit us on our Telegramchannel.
Casper Association
The Casper Association is a non-profit organization that oversees the continued evolution and decentralization of the Casper network. It provides the resources needed to accelerate the adoption of a growing ecosystem of casper and distributed applications. For more information, see https://casper.network/en/network
About CasperPad
CasperPad is the first fully distributed launch pad supported by Casper. It was built to launch innovative and industry-disrupting projects on the Casper Network. This allows the Casper Pad to open a unique gateway to invest in future projects launched on the Casper Network.
In addition, simply by holding an official CasperPad token ($CSPD), users will have exclusive access to public sales of a variety of new top projects in the industry. In addition, CasperPad projects are carefully selected through a vetting process that takes into account everything from the origin of the project team to its legitimacy and implementation capabilities in order to effectively build the Casper ecosystem and make it one of the most highly regarded blockchains in the world. For more information, see https://www.casper-pad.io/
This is a press release. Readers should exercise their own due diligence before taking any action related to the advertised company or its affiliates or services. or for any damage or loss caused or alleged to be caused, directly or indirectly, by the use of or reliance on the content, goods, or services described in this press release.
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