Flare, the layer 1 blockchain for data, is thrilled to announce that the SparkDEX team has opted for deploying their sophisticated decentralized finance hub on the network, which includes an AMM and perps protocol. By doing this, SparkDEX will take use of the decentralized data access provided by Flare’s entrenched data protocols.
The QuickSwap community supports the SparkDEX DeFi Hub, which is a “friendly fork” of the popular QuickSwap decentralized exchange on Polygon. It combines a state-of-the-art on-chain perpetuals platform with a high-performance DEX to enable trading with up to 100x leverage. As the SparkDEX team continues to implement its roadmap and vision, more sophisticated AI elements and DeFi strategies will be implemented.
An airdrop of 5% of SparkDEX’s total token supply has been set aside to honor early participants on the platform. Existing users of QuickSwap will be able to access 40% of this. The network selector menu on the QuickSwap website
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