StellaSwap Starts Its Adventure with Algebra
StellaSwap starts its adventure with Algebra. StellaSwap is about to build its ‘Pulsar’ version together with Algebra Protocol.
The 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. With their strong community, numerous partnerships, and breakthrough DeFi solutions, this partnership promises to be as efficient as ever!
Not to mention that Algebra is thrilled to expand to another network Here comes to meet Moonbeam — an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable dApps. It is also compatible with the Substrate and Polkadot ecosystem, including block explorers, wallets, parachains, and more, allowing users the flexibility to choose the right tools and services for the job. Moonbeam is the largest parachain by many metrics so far, so, it’ll be huge.
This way, StellaSwap has officially acquired the license for a concentrated liquidity AMM provided by Algebra, to create Pulsar — the next evolution of StellaSwap.Moreover, Pulsar represents a ground-breaking enhancement to StellaSwap’s current hybrid DEX, utilizing the power of concentrated liquidity to provide a much more efficient way of trading and earning than before.
Additionally, the release of StellaSwap’s ‘Pulsar’ is to be scheduled for the middle of this Fall. This is a huge launch for StellaSwap, so they need to make sure that they have a comprehensive sweep across all vectors, from development to content collaterals to facilitate easy onboarding into Pulsar.
ABOUT StellaSwap
StellaSwap is one of the first automated market-making (AMM), decentralized exchange (DEX) for the Moonbeam parachain network. The unique value proposition of StellaSwap is that it aims to establish a strong foundation with its native token, STELLA. A governance token, diverse farms, a built-in bridge, and a user-centered service.
ABOUT Algebra
Algebra is a breakthrough AMM, and a concentrated liquidity protocol for decentralized exchanges, running on adaptive fees. Providing projects with more user-friendly, fresh solutions and implementing the most efficient technologies, reforms the DeFi field.
