Thorstarter Partners With Maya Protocol
Maya Protocol is a CosmosSDK-powered replicated state machine to coordinate asset movement, including processing swaps, stakes, and more without the need to peg assets. Maya Protocol is validating THORChain’s lead and paying tribute to it. In other words — Maya is going to be the second Multichain DEX in the market.
THORchain is the first to attempt to make true DeFi a reality with its multichain dexes. However, as good as THORChain is, it cannot grow fast enough to capture the whole market, for example, for security reasons(a necessary drawback).
Maya’s $CACAO Token Features
Cacao has real deterministic value, and it will increase as liquidity is added to Maya.
- Liquidity — It inherits value of pooled assets as Cacao is bonded to assets in its pools — As the value of the assets increases, so will the value of Cacao.
- Security — Ensures that nodes are incentivized to continually buy and bond enough Cacao.
- Governance — Signals Listing and delisting of assets.
- Incentives — Fees, Subsidized Gas & Emissions.
Maya is planning on a May launch. It is joining the fray in the DEX vs. CEX battle bringing multichain DeFi to the world. This one will be big, so we are announcing it early and working to incubate it for an optimal Q2 launch.
ABOUT Maya Protocol
Maya is a decentralized liquidity protocol that enables the fast and efficient exchange of cryptocurrencies without intermediaries. One of its most important features is that it is multi-chain, which means that you can exchange digital assets from different blockchains.
ABOUT Thorstarter
THORstarter is a first-of-its-kind model: a hybrid IDO launchpad that meets decentralized liquidity and investment DAO.
RESOURCES
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