Bitcoin ecosystem DeFi project bitSmiley launches native stablecoin AMM bitCow
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.
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.
You may also like
Goldman Sachs dramatically lowers KOSPI target from 12,000 to 9,000 points, still insists there is 60% upside potential
Goldman Sachs strategists have lowered their 12-month target for South Korea's KOSPI Index from 12,000 points to 9,000 points, representing a 25% decrease. Earlier this year, Goldman had raised the target multiple times. The latest downgrade is due to mounting concerns in the market over artificial intelligence (AI) trading.
AI investment has not ended; wealth is simply being redistributed.
Can NEAR Protocol defend $4.30 support after a 10% price drop?
Crypto prices
More
