StellaSwap Has Partners Axelar Network
StellaSwap, the leading DEX on Moonbeam, is excited to partner with Axelar Network, a recent unicorn focused on providing scaled cross-chain interoperability across all blockchain networks. With Axelar’s universal cross-chain communication gateway, users would be able to bridge to transfer assets over from various networks such as Terra, Ethereum and other chains more seamlessly.
Founded by the founding team behind Algorand, Axelar is developing a network and various tools intended to connect users, assets and decentralized applications (dApps) across numerous blockchains to unlock crosschain composability and liquidity.
Terra Coming to Moonbeam ; UST & LUNA Farms Launching on StellaSwap
Strategic partnership with Axelar, StellaSwap would be leveraging Axelar network’s cross-border routing and transfer protocol to for Terra assets on Moonbeam.
Upcoming farms:
• Terra Farms to be Launched on StellaSwap: UST-GLMR & LUNA-GLMR
• Expected Rewards for Farms: 1,373 STELLA/day (each)
• Date of Farms Launching: 26 February 2022, 16:00PM UTC
• Bridge for Terra Assets: Axelar Bridge
Users can start bridging their UST and LUNA from Terra in preparation for the farms launch on 26th of February.
About StellaSwap
StellaSwap is the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects and engage in NFT trading all from a single unified platform. StellaSwap’s products are structured in such a way that facilitates decentralized governance of STELLA holders, while continuing to innovate on the collective foundations by design.
About Axelar
Axelar is a universal interoperability platform that connects all blockchains through a decentralized network and an SDK of protocols and APIs. Using the network and SDK, developers can efficiently create new connections and integrate their decentralized applications with all blockchain ecosystems creating greater access to users, assets, liquidity and other applications.
About the Terra Protocol
The Terra protocol is the leading decentralized and open-source public blockchain protocol for algorithmic stablecoins. Using a combination of open market arbitrage incentives and decentralized Oracle voting, the Terra protocol creates stablecoins that consistently track the price of any fiat currency. Users can spend, save, trade, or exchange Terra stablecoins instantly, all on the Terra blockchain. Luna provides its holders with staking rewards and governance power. The Terra ecosystem is a quickly expanding network of decentralized applications, creating a stable demand for Terra and increasing the price of Luna.
