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#DeFi #Adoption #PoweredByMatic
India’s largest exchange, WazirX, to launch an automated market maker (AMM) DeFi protocol on Matic Network! 🤝
Binance-owned exchange WazirX is launching an AMM DEX, enabling users to swap crypto assets in a decentralized manner and earn fees by providing liquidity.
WazirX has chosen to build on Matic to overcome the current performance bottlenecks of the DeFi space via our high-speed, low-fee infrastructure.
DEX features:
• Decentralized exchange for pair swaps
• Liquidity provider pools for passive interest
• Accumulate WRX for utilizing the protocol
• Low slippage + instant confirmations
We’re thrilled to be working alongside WazirX to further the DeFi movement! This is just the beginning of our DeFi activities: DeFi projects are quickly recognizing the necessity of Layer 2 and we're seeing huge interest 🥂
🌐 Read more: https://bit.ly/2Y2Uq4F
Retweet: https://twitter.com/maticnetwork/status/1294544417278181376
BY Crypto Highlight
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