Smoothy Integrates With Matcha

Published on: 14.04.2021

Smoothy is a novel solution for swapping assets that are effectiverly backed by the same underlying assets with a single pool, comprising a set of interoperable protocol smart contracts deployed on the Ethereum-compatible blockchains

Smoothy offers simple and smooth swap, extremely low gas fee, flexibility to add or remove any tokens that backed by the same asset into the pool, better liquidity/lower slippage and better LP token incentives

Matcha is a decentralized exchange (DEX) aggregator designed to offer the most user-friendly experience for discovering and accessing thousands of tokens and is powered by Ox Labs

Matcha is a decentralized exchange and does not require you to deposit tokens with a third party as would happen when using a centralized exchange.There is no sign-up to use Matcha, and all trades are peer-to-peer, which means that you trade directly from your Ethereum wallet and retain complete custody of your tokens throughout the entire process

Matcha and Smoothy are integrated with each other. Users of Matcha will now be able to leverage Smoothy as a liquidity source for stablecoin to stablecoin swaps.

This integration with Matcha will give their platform access to over 130 million in liquidity from Smoothy.This includes liquidity from both the ETH and BSC networks combined.

 

ABOUT Matcha

Matcha is a decentralized exchange (DEX) aggregator designed to offer the most user-friendly experience for discovering and accessing thousands of tokens. Matcha pools liquidity across all the major Ethereum and Binance Smart Chain networks and can split trades across multiple liquidity sources to help you be sure you’re getting the best prices and deepest liquidity the market can offer

 

ABOUT Smoothy

Smoothy is a novel stablecoin swapping protocol that is capable of supporting 20+ stable coins in a single pool with low-cost low-slippage swapping and maximum interest earning for LPs.

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