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Kava Labs, the builder of composable DeFi applications and services, today announced its next project, Kava Swap, a production-ready cross-chain liquidity hub for all DeFi applications and financial services.
The Kava Swap protocol is a cross-chain autonomous market making (AMM) application based on Coffee platform; It provides a seamless way to exchange assets in different blockchains and deploy funds to the market-making pool to obtain returns.
Built as Open and unlicensed application, Anyone can access Kava Swap anytime, anywhere. Exchanges, DeFi applications and financial institutions can use Kava Swap to obtain more liquidity, trade assets, and extend profit opportunities to their users.
“AMM is gradually becoming the next big event in DeFi. In traditional finance, market maker earnings are only reserved for the most complex trading companies. AMM enables all kinds of users to participate. This increases the liquidity of the market, and even for The smallest user provides power. The next logical step is to expand the interoperability of AMM to provide traders and limited partners with more choices and opportunities. With Kava Swap, we are building a cross-chain liquidity pool for trading The world’s largest asset, and by leveraging the complete Kava platform, provides all users with the ability to maximize returns. Kava Swap enables everyone to use its cryptocurrency. Our architecture links assets and ecosystems, so anyone Both can earn high income and exchange seamlessly between blockchains. We are building a highly scalable, complete and secure liquidity infrastructure to provide a safe, efficient and simplified user experience. Using our platform, no need Going to other places for the assets needed for crypto trading can even make the little guy market maker.”
– Brian Kerr, CEO of Kava Labs
Kava Swap will be available in August 2021.
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