Dexalot New Trade Pair EUROC/USDC

Published on: 09.07.2023
Dexalot New Trade Pair EUROC/USDC

Dexalot New Trade Pair EUROC/USDC. Trading EUROC/USDC on Dexalot chain allows value-added position movement without commission fees and accumulating DIP rewards simultaneously.

Dexalot keeps up its commitment to DeFi by offering a trading environment that reduces spreads while boosting liquidity. Dexalot is straightforward to use and offers DIP incentives that are simple to acquire. Circle issued EUROC natively on Avalanche paving the way for new kinds of (FX) foreign exchange markets’ on-chain applications. Dexalot’s zero slippage, transparent and non-custodial CLOB trading with inherited fast finality continues this development as FX.

“We continue to see great adoption and volume behind Circle’s USDC, and expect great feedback and usage of Euro Coin on Avalanche. DeFi continues to expand into a multi-currency, cross-border environment — delivering a trusted and fully reserved euro stablecoin like Euro Coin will greatly accelerate the adoption of instant payments and remittances to a much larger swath of the world.”

John Nahas, Vice President of Business Development at Ava Labs

Dexalot is offering this trade pair as an experimental opportunity for the community to participate in. There will not be any professional market makers operating. The entire community will participate in determining the extent of the spread.

The Dexalot Incentive Program (DIP) has been established to reward trading by both executed volume, and how close orders are to the midpoint between the bids and offers for any given trade pair. These rewards will be distributed to trading with EUROC/USDC.

About Dexalot

Dexalot is a revolutionary decentralized exchange bringing the traditional centralized exchange look and feel to a decentralized on-chain application. Its mission is to bring a truly inclusive and transparent environment where Dexalot users can trade crypto securely and efficiently, with no slippage or custody risk. It is built on Avalanche, the fastest smart contracts platform in the blockchain industry.

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SOURCE: https://medium.com/dexalot/dexalot-euroc-usdc-trading-5627508ead11

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