StellaSwap — one of the first automated market maker (AMM) decentralized exchanges (DEX) for the Moonbeam network. The unique value proposition of StellaSwap is that the developers aim to build a solid foundation with the native STELLA token as a governance token, diverse farms, a built-in bridge and a user-centric service.
About the StellaSwap project
StellaSwap is proud to be the thought leader and the first to implement the highly successful Initial Liquidity Offering (ILO) model to encourage capital inflows from external blockchain networks to the Moonbeam network. The main goal of StellaSwap - to create a wider range of network effects to solve liquidity problems in the DeFi space, instead of being limited to one solution, as many DEXs are currently doing. The products are structured to facilitate the decentralized management of STELLA holders while continuing to innovate on a collaborative basis in design.
Users can trade coins on the Moonbeam network without resorting to the services of a centralized intermediary and paying excessive fees. When using StellaSwap, the small charged trading fees will be fully distributed among the liquidity providers. This ensures liquidity providers are committed to providing the depth of liquidity, needed to provide you with the best prices across the board.
What is ILO:
| 1 | The Initial Liquidity Offering (ILO) - a new liquidity provision mechanism for the recently launched Moonbeam network. |
| 2 | First launched on Moonbeam, Stella Swap is one of the leading DEXs with the main goal of raising liquidity for Moonbeam.. |
| 3 | Through the ILO, liquidity and capital from other blockchain networks such as AVAX, Polygon and others can be easily accumulated on the Moonbeam network, facilitating more efficient market pricing, which will ultimately mean better token prices for end users. |
The ILO Stella Swap will allow users to connect a native protocol token (such as AVAX) to an external network (such as the Avalanche blockchain) and use those native protocol tokens to purchase $STELLA at a 20% discount. After completion of ILO, Stella Swap will launch 2 pools of its own protocol tokens so that users can receive huge returns in the amount of the annual interest rate - the GLMR pool and the STELLA pool.
More about defi app
StellaSwap is excited to develop its own NFT marketplace that will allow users to find, collect and sell NFTs in one central location. Exciting new features are built into the NFT. They are unique, provably rare, marketable and can be used in a variety of applications. StellaSwap wants to leverage the ingenuity and innovation of the Moonbeam community, regarding NFTs.