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05 December 2020

QiSwap Schedules Mainnet Launch for Friday, Bringing DeFi to Qtum | BTCMANAGER

QiSwap Schedules Mainnet Launch for Friday, Bringing DeFi to Qtum | BTCMANAGER


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19, 2020 /PRNewswire/ — Qtum, an open-source blockchain project that leverages proof-of-stake (POS) consensus and different virtual machines to power business-friendly smart contracts, has just moved one step closer to realizing its decentralized finance (DeFi) ambitions, with the completion of the QiSwap testnet phase.

Through QiSwap, anybody will be able to create new markets, provide liquidity, and build DeFi applications on top of Qtum that were previously not available. .

By leveraging the Qtum blockchain, QiSwap is able to offer extremely low transaction fees, rapid transaction confirmation times, and an additional revenue stream for Qtum and QRC20 liquidity providers, who will earn fees with every completed trade.

QiSwap is the first fully decentralized protocol that automatically provides liquidity for QTUM and QRC20 assets based on automated market making (AMM) algorithms

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