Tron’s DeFi Push, JustSwap, Partners with Decentralized Exchange (DEX) 1inch & Mooniswap

2020-9-12 17:52

The DeFi aggregator, 1inch Exchange, is working on integrating several blockchains. Today, they announced a partnership with Ethereum’s competitor Tron.

The DEX that offers swaps limit orders, and has an interface for finding the best liquidity pool where everyone can provide liquidity and earn on the APR, according to its founders Sergej Kunz and Anton Bukov, will also be working with NEAR blockchain and Polkadot as well.

As of now, 1inch will fully integrate with Tron’s decentralized trading protocol JustSwap and its automated market maker (AMM) Mooniswap will be integrated into Tron blockchain.

With this partnership, users will enjoy “faster, cheaper service, high-throughput scalability, huge developer community, and a massive social media following,” said Kunz, the CEO of 1inch.

While supporting Tron blockchain means best rates for Tron assets for 1inch users, Mooniswap’s addition will help improve Tron’s DeFi ecosystem.

Additionally, liquidity providers on the Tron blockchain will be prevented from arbitrage traders taking advantage of swap slippages, thus increasing LPs earnings.

Tron’s regular users will also “get an extra level of protection from front running attacks.”

In turn, Tron plans to reward the LPs on Mooniswap with TRX tokens as an “additional incentive and reward.”

Justin Sun’s stab at DeFi opportunity in the form of JustSwap has been reportedly seeing a daily volume of $100 million.

JUST token price meanwhile remains in the red at $0.0415, much like TRX, which bucked the trend and dropped despite the market enjoying gains, trading at $0.0328.

TRON (TRX) Live Price 1 TRX/USD =$0.0338 change ~ 1.68%

Coin Market Cap

$2.42 Billion

24 Hour Volume

$252.1 Million

24 Hour VWAP

$0

24 Hour Change

$0.0006 var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~TRX~USD");

The post Tron’s DeFi Push, JustSwap, Partners with Decentralized Exchange (DEX) 1inch & Mooniswap first appeared on BitcoinExchangeGuide.

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TRON (TRX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1171
Капитализация $0 Rank 99999
Цена в час новости $ 0.0335349 (-100%)

tron dex defi exchange 1inch justswap push

tron dex → Результатов: 38


Tron и 1inch интегрируют свои DeFi-продукты в рамках стратегического партнерства

Блокчейн-проект Tron вступил в стратегическое партнерство с 1inch, агрегатором ликвидности с децентрализованных бирж (DEX). В рамках сотрудничества DEX JustSwap, запущенная на блокчейне Tron, полностью интегрируется с 1inch, а разработанный агрегатором алгоритм автоматического маркетмейкера (AMM) Mooniswap включит поддержку блокчейна Tron.

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2019-2-9 18:38


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2018-12-20 16:10


Tron Makes Good on Decentralized Exchange Promise as TRX DEX Goes Live on TronScan

Promises have a tendency to be broken. Especially in today's business world, words have a habit of getting lost in the sea of anonymity. It is thus refreshing to note the excitement of Matthew Fetzer, a crypto community member who noticed the Tron decentralized exchange on TronScan. For the uninitiated, a decentralized exchange is an […]

2018-11-11 22:25