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The Alonzo hard fork has allowed the Cardano ($ADA) network to run smart contracts and effectively compete with other networks including Ethereum, Avalanche, and the BNB Chain. The hard fork led to a flurry of activity on Cardano and the launch of numerous decentralized finance (DeFi) projects.
Despite the flurry of activity so far no DeFi project has taken the lead on Cardano and other blue-chip projects haven’t yet launched on the Cardano network. Enter BashoSwap, an automated market maker (AMM) and an initial decentralized offering (IDO) launchpad launching to cover the gap.
Understanding BashoSwap
The AMM platform leverages the Ca
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