Hummus Exchange Licensing Agreement With Platypus

Published on: 18.05.2022
Hummus Exchange

Firstly, Hummus Exchange is excited to announced that a licensing agreement has been finalized with  Platypus. Platypus will grant to Hummus Exchange a license to fork platypus.finance code for production use, to be enforced globally. This agreement will bring Platypus’ stableswap and then, staking innovations to the many DeFi users on the Metis blockchain.

About Platypus Finance

The Platypus Finance protocol is a single-side AMM (decentralized exchange) designed for exchanging stable cryptocurrencies (ERC20 tokens) on the Avalanche blockchain.

The protocol is implemented as a set of smart contracts; designed to prioritize censorship resistance, security, self-custody and maximum capital efficiency.

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About Hummus Exchange

The Hummus Exchange protocol is a next-gen single-side AMM (decentralized exchange) designed for exchanging stable cryptocurrencies (USDT, USDC, DAI) on the Metis blockchain.

The protocol is implemented as a set of smart contracts; designed to prioritize censorship resistance, security, self-custody and maximum capital efficiency.

Equally important, hummus features single-token provision, eliminating impermanent loss risk for liquidity providers, and ultra-low slippage for traders.

Website | Twitter |

Source

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