dApp Minswap, The Top 1 Cardano-Powered DEX By TVL
Due to its lack of venture capital backing or private investment, Minswap asserts that it is a community-centric decentralized exchange on Cardano. This, it argues, ensures that the community of users, rather than insiders and speculators, receives the maximum benefit from its token distribution.
According to its white paper, Minswap is “an automated market-maker decentralized exchange on Cardano which supports multiple pricing functions for a single liquidity pool.”
MInswap went live on Cardano on March 9:
On March 19, Minswap announced that it had open-sourced its code:
On August 23, Minswap Labs announced via a blog post that it had formed a strategic partnership with Aada Finance.
On August 29, Minswap Labs tweeted that they are ready for the Vasil upgrade.
According to data by DeFi Llama, currently, Minswap is the top 1 DEX on Cardano with a TVL of roughly $48.45 million.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…
The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…
UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
This website uses cookies.
