ArthSwap Announced To Release Acceleration Project ArthShot
ArthSwap has announced the launch of its Acceleration Project, “ArthShot”. With this IDO, ArthSwap has graduated from Astar Network’s Incubation Program and will launch a new program of its own. There are two main reasons for this.
Astar is currently growing and hit over $2 billion in market capitalization, but it is still in its development stage. For further expansion in the future, it will be necessary for more dApps to be built and grow on Astar Network.
ArthSwap is the infrastructure that lists all tokens on Astar. ArthSwap currently lists 10 tokens, but we will be able to trade all tokens on the Astar Network in the future, and we will focus on ArthShot as a way to grow with each service listed on ArthSwap.
First Project on ArthShot: Starlay Finance
Starlay Finance is a protocol for users to quickly and easily deposit and borrow assets on Astar Network. It is currently the largest TVL service on Defi on Polkadot.
About ArthSwap
ArthSwap is a one-stop DeFi protocol aiming to become a leading DEX on Astar Network. Its main functions are swapping, staking, liquidity mining, and there will be more functions introduced in the near future. With a simple UI and design for high APY, it enables high-frequency trading on Astar Network.
ArthSwap is focused on growing in the Astar Network ecosystem and is looking to optimize all the elements for Astar. As such, it considers itself an “Astar-native” dApp. ArthSwap is to Astar what Trader Joe is to Avalanche, what Quickswap is to Polygon, and what Uniswap is to Ethereum.
