InvestDex & Algebra Form New Strategic Alliance to Bring DEX Innovation to the Forefront
DeFi has completely transcended the way we think about finances, offering a plethora of new opportunities to earn handsome rewards and partake in other interest-earning activities. Many of these activities are conducted through DEXs (Decentralized Exchanges), which allow for the transfer and yield generation of tokens.
A variety of DEXs already exist on the market today, but don’t offer the most comprehensive selection of options and fully leverage the blockchain technology traders are constantly looking for.
We’re extremely pleased to announce our newest exciting partnership with Algebra, a platform working to develop the most optimal DEX solutions for Binance Smart Chain (BSC) and Polygon with other blockchains coming soon.
In regards to this new partnership, Algebra will support InvestDex with business development, marketing, and advisory services, to name a few. In return, InvestDex will allow Algebra users to experience our state-of-the-art trading tools for optimization and precision. In the future, we’ll look to explore other avenues to expand upon our alliance.
Algebra is on a mission to develop new and innovative DEX solutions for some of the top blockchains within the crypto ecosystem through reinventing and improving upon their existing features. Through its intuitive and easy-to-use interface and experience, traders can enjoy the luxuries of seamlessly transacting with maximum functionalities.
It comes jam-packed with a variety of features, including liquidity positions, a built-in farming mechanism, adaptive pool trading fees, smart routing, cross-chain bridges, and even limit orders. The breadth of these features truly showcases what Algebra’s technology is capable of, delivering an all-encompassing solution.
$ALGB is the project’s governance token which can be used for voting within its DAO (Decentralized Autonomous Organization), driving proposals for future initiatives, bootstrapping, and more. Holders of the token can also benefit from reduced platform fees and earning percentages of other users’ trades on the platform.
Throughout its history, the team behind Algebra has created its flagship projects that make up its ecosystem, which are Rubic (multi-chain DeFi platform) and MyWish (smart contract development platform). Watch out for their progress in the coming months!
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