Syscoin and ApeSwap Partnership

Published on: 13.02.2022

The Syscoin Platform is dedicated to becoming as ubiquitous as possible and they are fully committed to mark 2022 as its rapid expansion into DeFi. As a combination of the best between Bitcoin and Ethereum, Syscoin know the importance of leveraging multiple platforms to grow its reach immensely. Its latest partnership with ApeSwap satisfies both these ends.

ApeSwap is the first DEX to host Wrapped Syscoin, or WSYS, and its first interaction with BSC (Binance Smart Chain). Syscoin have provided the initial liquidity, which it will increase in time. Initially, traders will be able to swap between a WSYS/BUSD pair, but further base pairs are a work in progress. Although WSYS & BUSD is the official base pair, thanks to ApeSwap’s router, users will be able to swap any of their whitelisted tokens for WSYS! 

Beyond trading pairs, Syscoin are serious about strengthening its partnership and offering more services, so keep your eyes peeled on what they have in store. In the meantime, Syscoin teams will be working together to explore the solutions ZK-Rollups can offer DEXes.

ABOUT ApeSwap
ApeSwap is an easy-to-use decentralized finance platform. Host to over a million active monthly users and one of the most popular Dapps available on the Binance Smart Chain, they offer a suite of services including trading, lending & borrowing, staking pools, and yield farms. ApeSwap makes the security of its users’ assets paramount, as evidenced by their history free from hacks or exploits of any kind. They are also proud to have more official partnerships than any other BSC-based DEX.

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ABOUT Syscoin
Syscoin is a decentralized and open-source project founded in 2014 whose NEVM combines the best of Bitcoin and Ethereum in a single coordinated platform.

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