Market Maker Protocol Swaap to Integrate Arbitrum Network
According to official sources, market maker agreement Swaap is about to be launched on the Arbitrum network.Earlier in April, Swaap announced the completion of a $4.5 million seed round financing, led by Signature Ventures, with participation from New Form Capital, C²Ventures, Kima Ventures, Pareto Ventures, Entrepreneur First, as well as angel investors Julien Bouteloup (Stake Capital), Pascal Gauthier (Ledger CEO), Richard Ma, Meltem Demirors (Coinshares CSO), Frederic Montagnon (Arianee co-founder) and Thibaud Elzière (eFounders CEO).
It is reported that Swaap aims to build the next generation of market-making protocols, which use a combination of oracles and dynamic spreads to achieve sustainable returns and reduce transaction costs.
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
MicroStrategy acquires another 55,500 bitcoin for $5.4 billion, taking holdings to 386,700 BTC
MicroStrategy has purchased another 55,500 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.The latest acquisitions follow MicroStrategy’s completion of a $3 billion debt offering and sale of 5,597,849 shares for $2.46 billion.
MicroStrategy expands Bitcoin holdings with $5.4B purchase
Solana DEX volume hits record high: Is SOL price headed to $300?
Trending news
MoreCrypto prices
More
