MadFish Solutions Announced the Launch of Stable DEX on Tezos
Continuing to develop and improve the Tezos ecosystem, MadFish announced the launch of a new Curve-like Stable DEX on Tezos, which was implemented within the QuipuSwap AMM protocol.
Continuing to develop and improve the Tezos ecosystem, MadFish announced the launch of the Curve-like Stable DEX on Tezos, which was implemented within the QuipuSwap AMM protocol.
Stable DEX is designed to provide the most profitable swaps of the same price tokens, primarily fiat-pegged cryptocurrencies.
With the launch of the Curve-like Stable DEX on Quipuswap, the Tezos ecosystem’s users can make large volume swaps of kUSD, USDtz, uUSD, and, soon, many other tokens with the same value, without high slippage and price impact.
The new solution is also useful for swaps, for example, between wrapped BTC tokens (uBTC and tzBTC) or other bridged tokens through different protocols that have the same asset price. Needless to say, such platforms are invaluable for arbitrage.
QuipuSwap Stable Dex currently hosts three liquidity pools:
QuipuSwap Stable DEX users are able to join the incentive programs and receive rewards in the form of QUIPU tokens.
To participate in these farming programs, users need to hold the LP tokens of available stable DEX pools. This provides farming opportunities to stablecoin (and not only) holders in the Tezos ecosystem.
Next, the QuipuSwap team plans to add new pools and release additional features that provide rewards for staking QUIPU.
To learn more about the QuipuSwap Curve-like Stable DEX, check out the protocol’s overview on the official MadFish blog.
QuipuSwap, created by MadFish Solutions, is currently the most popular Decentralized Exchange (DEX) on Tezos.
QuipuSwap allows anyone to trade any Tezos-based token without the need for third-party dependency.
The protocol also includes different farming, staking, and other earning opportunities.
Stay tuned for more updates and news from MadFish in their official Telegram and Discord communities.
Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.
The Tezos wallet app for Ledger devices has been updated to version 3.0.3, introducing several significant enhancements that streamline the user experience and increase transaction security. This latest update offers important improvements designed to facilitate safer and more efficient interactions with the Tezos blockchain.
The Tezos Foundation and Magic, the Wallet-as-a-Service provider, have announced a groundbreaking collaboration aimed at revolutionizing the accessibility and usability of Web3 technologies. This strategic partnership will utilize the pioneering decentralized Tezos blockchain and marks a significant milestone in the journey towards a more inclusive and user-friendly decentralized web experience.
Tezos, a leading blockchain platform renowned for its self-amending capabilities and community-driven governance, has successfully activated Oxford 2, its fifteenth core protocol upgrade. The Oxford 2 upgrade includes enhancements to Smart Rollups and chain security and ensures Tezos remains at the forefront of blockchain innovation.