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Smartlink Launches Yield Farms With The Second Edition Of Vortex, Tezos AMM

Smartlink, an ecosystem comprising escrow smart contracts, decentralized marketplace, launchpad, and a comprehensive DeFi suite, announced the launch of yield farming on its decentralized exchange, Vortex.

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Vortex Yield Farming

Smartlink, an ecosystem comprising escrow smart contracts, decentralized marketplace, launchpad, and a comprehensive Defi suite, announced the launch of yield farming on its decentralized exchange, Vortex.

The launch of farms was accompanied by the second edition of Vortex v1.2 which features a native indexer, robust analytical capabilities, and an ROI calculator.

Yield farming is a critical aspect of any Defi 2.0 ecosystem as it incentivizes liquidity providers for adding liquidity to dexes. Smartlink has announced liquidity farms for a wide range of Tezos-based tokens (FA1.2 and FA2.0), including SMAK, USDtz, hDAO, ETHtez, tzBTC, Crunch, Plenty, QUIPU, kUSD, and Ctez.

Vortex farming smart contracts have been audited by LIGO Lang, a leading Tezos development studio and developer of friendly smart contract languages for Tezos.

Smartlink has released the second version of Vortex that provides swift transactions, bug fixes, and an advanced analytics suite. As a part of its comprehensive development approach, Smartlink has created its own indexer for quick confirmations and smooth operations of its Defi ecosystem. This release addresses some of the technical issues and bugs encountered in the previous version.

In addition to technical upgrades and bug fixes, Vortex v1.2 focuses on enhanced user experience. The new edition of Vortex features advanced analytical abilities, including daily gainers and losers, daily TVL, top pools, staking statistics, and fee distribution. Users can track all critical information from a single tab, without having to go back and forth.

Vortex v1.2 allows users to add liquidity to different pools from the farming interface/page itself. Additionally, there is a new ROI calculator that provides clear insights into the yield-generation potential of different farms.

Vortex is a part of the wider Defi ecosystem of Smartlink, which includes a native staking application and an upcoming decentralized launchpad for Tezos (other chains in the future) projects.

Smartlink’s Defi ecosystem is an addition to its other modules and a critical part of its overall platform that comprises an escrow smart contract module and a decentralized marketplace.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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