Bitcoin ecosystem DeFi project bitSmiley launches native stablecoin AMM bitCow
According to Odaily Planet Daily, official news from bitSmiley, the Bitcoin ecological DeFi project, stated that it has launched its native stablecoin AMM bitCow, aiming to enrich the use scenarios of its native stablecoin bitUSD. bitCow eliminates free losses during transactions and simplifies the user's asset management process through mechanisms such as dual LP tokens. According to the official roadmap, the upcoming V1 version will focus on launching trading functions that support Bitcoin’s native stablecoins; the V2 version will focus on implementing a more advanced automated centralized liquidity AMM solution to improve the fund usage efficiency of Bitcoin’s native assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nine crypto companies form Quantum Alliance to address quantum computing threats
UK regulator "targets" Microsoft (MSFT.US) business software: bundling and Copilot become the focus
The UK's Competition and Markets Authority (CMA) stated on Friday that Microsoft (MSFT.US)'s control over business software is making it harder for customers to switch providers. Therefore, the regulator has proposed stricter oversight of the tech giant.
BUZZ - Netflix shares drop; the company appoints a new chief content officer
Crypto prices
More
