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Bitcoin ecosystem DeFi project bitSmiley launches native stablecoin AMM bitCow

Bitcoin ecosystem DeFi project bitSmiley launches native stablecoin AMM bitCow

2024/03/27 07:28

According to Odaily Planet Daily, official news from bitSmiley, the Bitcoin ecological DeFi project, stated that it has launched its native stablecoin AMM bitCow, aiming to enrich the use scenarios of its native stablecoin bitUSD. bitCow eliminates free losses during transactions and simplifies the user's asset management process through mechanisms such as dual LP tokens. According to the official roadmap, the upcoming V1 version will focus on launching trading functions that support Bitcoin’s native stablecoins; the V2 version will focus on implementing a more advanced automated centralized liquidity AMM solution to improve the fund usage efficiency of Bitcoin’s native assets.

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