TRON, the blockchain project, has entered into a strategic partnership with 1inch, a liquidity aggregator from decentralized exchanges (DEX).
#TRON has entered a partnership with DEX aggregator @1inchExchange. JustSwap will fully integrate with 1inch & Mooniswap will integrate into TRON’s blockchain.
1inch, one of the most well-renowned services in DeFi, is now supporting #TRON.https://t.co/KoPVZ9GMpm #TRX #DeFi?
— TRON Foundation (@Tronfoundation) September 10, 2020
Under the collaboration, the TRON-based DEX JustSwap will be fully integrated with 1inch, and the developed AMM Mooniswap will include support for the TRON blockchain.
According to the press release, the TRON team expects that the integration with 1inch will give JustSwap access to a broader audience, improve price accuracy, and help accelerate growth.
The DEX said that since launch, the platform’s daily trading volume has reached $100 million.
The Mooniswap integration into the TRON blockchain will allow users to exchange a range of tokens at precise prices with a wide range of options, and liquidity providers will be able to earn profits otherwise captured by arbitrageurs, the statement says.
TRON also plans to reward Mooniswap liquidity providers with the network’s native tokens as an additional incentive.
After JustSwap flooded fake tokens appeared, a problem previously seen by leading DEX Uniswap.
Subscribe to ForkLog news on Telegram: ForkLog Feed — full news feed, ForkLog — the most important news and polls.