Announcing BSCswap Stable, a first Stablecoin oriented Decentralized Exchange on Binance Smart Chain
After the long wait, BSCswap Stable https://stable.bscswap.com is finally here.
BSCswap Stable is the new Stablecoin oriented Decentralized Exchange on Binance Smart Chain, to create lower slippages when exchanging stablecoins like BUSD, USDT, or DAI using advanced bonding curve provided by LOA DeFi ( https://lfi.loaprotocol.io ) and ForTube ( https://bsc.for.tube ) lending platform.
Also, one of the core features of BSCswap Stable is that you could wrap the decentralized stablecoin called BAI https://bscscan.com/token/0xaa8012a0ea627767545a8e435c2a2bd51f60173d by providing liquidity on LOA DeFi and ForTube platform. It allows wrapping tokens generated from LOA DeFi called Lent Tokens. Lent Tokens is a bond for providing liquidity on ForTube via LOA DeFi interface, and BAI is a curved bond for providing Lent Tokens on BSCswap Stable exchange.
Wrapping your stablecoins into BAI will provide the extra yields collected from lending platforms with the lowest impermanent risk possible. It will provide liquidity into lending platforms and convert your stablecoins at the best rate on the market.
BAI Stablecoin will be also used for the main liquid pair for the BSCswap Exchange. Stay tuned for more updates, thank you!
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