Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Bitcoin ecosystem DeFi project bitSmiley launches native stablecoin AMM bitCow

Bitcoin ecosystem DeFi project bitSmiley launches native stablecoin AMM bitCow

2024/03/27 07:28

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.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Blue Owl (OWL.US) teams up with PIMCO to tailor a $2.4 billion GPU financing for IREN (IREN.US)

A $2.4 billions debt financing round, led by funds under Blue Owl Capital Inc., has been finalized. The funds will be allocated to cloud service provider IREN Ltd. to purchase NVIDIA's Blackwell Ultra GPUs, supporting the development of its data center campus in Canada.

智通财经2026/08/29 02:27
Blue Owl (OWL.US) teams up with PIMCO to tailor a $2.4 billion GPU financing for IREN (IREN.US)