COTI and MuesliSwap announce a Strategic Partnership around the Djed Stablecoin

2 months ago Report
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We are proud to announce the partnership of the first Stablecoin on Cardano, with the first DEX on Cardano.

MuesliSwap was originally built on an Orderbook based model, but in the coming days, it will become the first Hybrid DEX on Cardano, integrating both Orderbook and an AMM. This caters to every type of trader and also allows for more flexibility, better price discovery and faster order settlement. It also features the lowest fees and most tokens out of all of the DEXs.

What does this mean for Djed? Djed will be able to pair with other coins in the MuesliSwap DEX, thus making it possible for the liquidity to be provided through Djed trading pools on MuesliSwap and for the users to generate yield on their crypto assets in the DeFi market. 

MuesliSwap, the innovation leader in trading on the Cardano mainnet is very excited to announce a partnership with the Stablecoin Djed which will be available to trade on MuesliSwap. “This will help traders all over the ecosystem to optimize their portfolio. Further, stablecoins improve the user experience by providing a convenient point of orientation.” says Chris, Co-Founder of the MuesliSwap team.

This partnership will ensure the proper and seamless utilization of Djed across the entire Cardano ecosystem - and with MuesliSwap DEX Aggregator, making sure traders are getting the best deal every time.

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.

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