MistSwapDEX bridge to Onboard more people into SmartBCH
One of the most important things for an ecosystem to develop is the involvement of investors, who are practically the ones who bet on the projects that are in the protocol. They are the men who put in the money and expect to make a profit from it!
The smartBCH side-chain is about to complete its full months in operation and also make the aftermath of what has been achieved in that time. It is with satisfaction that I can say that the side-chain has evolved a lot in this short half year operating as the Bitcoin Cash protocol involved with smart contracts. Many were the decentralized exchanges that flocked to the side-chain giving confidence that it was getting the attention of investors where more than 100,500 BCH were invested so that the evolution was gradually increasing.
However, not all decentralized exchanges are bringing much innovation to the side-chain, but Mistwap Dex stands out, which, for a long time, has successfully presented inclusion solutions as tools that allow investors to look at other horizons in the crypto world and with they can also make the SmartBCH connection with other bridges in the world of decentralized finance.
Bringing a bridge that can bring more investors to SmartBCH
The SmartBCH side-chain is still a young ecosystem and its visibility still entails ignorance, as many investors are still not aware that there is a space in which Bitcoin Cash is used via smart contracts and they can invest in decentralized finance.
MistSwap DEX has always been the most sophisticated of the exchanges that are on SmartBCH and has very comprehensive future plans, highlighting its intention to involve many more people in the SmartBCH ecosystem, and, for that, it does not measure efforts to reduce this distance by making the approximation between the various cryptos that are out can also serve to put more Bitcoin Cash on the sidechain. In this sense and with partnerships from hop.cash and sideshift.ai investors can now convert more than 20 cryptocurrencies to Bitcoin Cash in SEP-20 format to be used in SmartBCH.
The bridge will influence people to directly engage with SmartBCH, greatly reducing the headaches of converting currencies to SmartBCH.
The bridge has an innovative mode and is the first of its kind running on the sidechain and in a short time many investors will be able to convert BTC, ETH, AVAX, Dogecoin, Solana and many more cryptocurrencies directly using the services of MistSwap DEX, which also opens horizons to also withdraw smartBCH values that can be converted into more than 20 cryptocurrencies, and that is phenomenal!
Check also the official MistSwap DEX announcement on Twitter.
It should be noted that all money coming from fees on the bridge will be distributed among Xmist holders, which will encourage more TVL to be directed to the platform.
More tools,
In addition to this tool brought by Dex, the platform is the most sought on smartBCH and some time ago it left to its customers that it is designing a loan platform that will also directly benefit its customers, where the value of fees will be redistributed by the Mist Stakers.
It also has a very sophisticated and easy-to-use swap service with good value in liquidity on almost all of its trading pairs, where Mist token (its governing currency) can be used to stake and in exchange receive Xmist token. It also has a very useful tool for monitoring all trading pairs on the Mistwap Analytics platform, in addition of stake, pool and farm of tokens.
Innovation is at the top of Mistswap DEX where it recruited developers to help bring the good and the best that SmartBCH needs at the moment and with that put the ecosystem on the radar of the decentralized finance map and with that also put the name of Bitcoin Cash on the top cryptocurrencies 2022 has to keep an eye on.
Useful links from Mistwap Dex
Swap: https://app.mistswap.fi/swap
Pool: https://app.mistswap.fi/pool
Farm: https://app.mistswap.fi/farm
Stake: https://app.mistswap.fi/stake
MistSwap Bridge: https://app.mistswap.fi/bridge
MistSwap Analytics: https://analytics.mistswap.fi/
Telegram: https://t.me/MistSwapOfficial
Twitter: https://twitter.com/MistSwapDEX
I have read this new mistswapDex bridge from the posts of users in noise.cash yesterday. This is a great development to attract more people to enter SmartBCH.