StellaSwap Announces Strategic Partnership with Multichain
StellaSwap is thrilled to announce a strategic partnership with Multichain, the world’s leading cross-chain protocol. This marks the beginning of a highly innovative and collaborative partnership with the objective to maximize seamless cross-chain asset transfers across the Moonbeam network, which is set to launch on January 11, 2022.
As the trailblazer of decentralized cross-chain service, Multichain provides interconnect infrastructure for 25 mainstream public blockchains including Ethereum, BSC, Fantom, Avalanche, Moonriver, Arbitrum, Polygon and Harmony. The Total Value Locked (TVL) on Multichain, whose number of users exceeds 300,000, is more than $6 billion, with over 1,300 crypto assets circulating among different mainnets. It is unsurpassed in terms of speed, security and decentralization.
“We’re excited to work with Multichain to streamline asset transfer across different blockchain networks. Multichain is the leader in cross-chain asset transfers, with the most variety of cryptoassets and the most user-friendly protocol with low transaction fees and shorter bridging times. Given StellaSwap will be one of the first DEX on Moonbeam, having a robust bridging infrastructure with the help of Multichain would streamline value accrual within the Moonbeam ecosystem” — StellaSwap Core Team
StellaSwap will be the first Moonbeam DEX that will be launched in tandem with Moonbeam’s full EVM launch, scheduled to go live on January 11, 2022. In the spirit of true decentralization and fairness, StellaSwap will not hold any token sale or hold any investor allocations. Instead, it will be launched via a fair launch model where any user can farm StellaSwap’s native token $STELLA. Do join StellaSwap’s social links to be updated on their launch.
Multichain, rebranded from Anyswap, is the leading Cross-Chain Router Protocol (CRP), an infrastructure developed for the seamless flow of on-chain assets’ interoperability. It aims to become the ultimate router of Web3. Multichain provides a mature real-time CRP system, which allows assets on all networks to inter-operate with each other. Multichain boasts leading advantages in security, speed and user experience.
StellaSwap is the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects and engage in NFT trading all from a single unified platform. StellaSwap’s products are structured in such a way that facilitates decentralized governance of STELLA holders, while continuing to innovate on the collective foundations by design.