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Cardaswap Will Become the First DEX on the Cardano Blockchain

Amy Liu

Summary: The team at Cardaswap intends to launch the Automated Market Maker (AMM) at the end of the third quarter of 2021. Once they successfully launch the AMM, Cardaswap will become the first DEX on the Cardano blockchain, according too yahoo finance. Cardaswap is a blockchain-powered market maker on the Cardano protocol. Cardaswap's monetization and transaction ...

The team at Cardaswap intends to launch the Automated Market Maker (AMM) at the end of the third quarter of 2021. Once they successfully launch the AMM, Cardaswap will become the first DEX on the Cardano blockchain, according too yahoo finance.

Cardaswap is a blockchain-powered market maker on the Cardano protocol. Cardaswap's monetization and transaction features are developed on the AMM protocol, which allows liquidity providers to pool in their funds and Cardano Blockchain Assets to the pool.

Plans are also in place for the team to launch the Cardaswap NFT marketplace in December. The Cardaswap NFT marketplace will enable digital content creators to mint and trade their collectibles to make passive income. 

By Amy Liu

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