Curve has announced the deployment of its decentralized exchange on the Tezos blockchain known as Etherlink, opening new opportunities for users in liquidity and trading.
Launch of Curve on Etherlink
Curve has deployed its platform on the Tezos Layer 2, Etherlink, allowing users to access deep liquidity and low slippage in trading stablecoins and pegged assets. The Etherlink platform was developed as a smart rollup, benefiting from low fees and fast transaction processing through Tezos' on-chain governance.
Benefits of Etherlink for the Tezos Ecosystem
The new deployment offers access to deep liquidity for the Tezos ecosystem. Maximilian Roszko, responsible for network expansion at Curve, highlighted the strategic value of integration on the platform, adding that it will open vast trading opportunities for assets. With the launch of Curve, users can access the same liquidity they have on the mainnet but with the advantages offered by the Tezos architecture.
Growth of the Etherlink Ecosystem and Future Plans
The Etherlink ecosystem is actively growing, attracting new projects and tokens. The launch of new platforms and initiatives like the 'Apple Farm' rewards program aimed at boosting DeFi app usage further supports development. The Etherlink team reports a significant increase in user activity and plans for the future with new exchanges and tokens, which will impact the landscape of DeFi tokenization.
The deployment of Curve on Etherlink opens a new era for users within the Tezos ecosystem, providing access to efficient trading and deep liquidity. This step is expected to significantly affect the development of DeFi on the platform.
