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QiSwap Schedules Mainnet Launch for Friday, Bringing DeFi to Qtum

btcmanager.com

SINGAPORE, Nov. 19, 2020 /PRNewswire/ — Qtum, an open-source blockchain project that leverages proof-of-stake (POS) consensus and different virtual machines to power business-friendly smart contracts, has just moved one step closer to realizing its decentralized finance (DeFi) ambitions, with the completion of the QiSwap testnet phase. QiSwap is a decentralized exchange protocol that is used to provide liquidity for QTUM and QRC20 assets based on automated market making (AMM) algorithms.

QiSwap is the first fully decentralized protocol that automatically provides liquidity for QTUM and QRC20 assets based on automated market making (AMM) algorithms. Built on top of the Qtum blockchain, QiSwap benefits from extreme speed, transparency, and security, giving anybody a means to source and provide liquidity through one easy-to-access platform.

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