The "BTC-Rune" trading pair of the first Rune Launchpad asset RunesCoin· DeFi will be opened on the DotSwap platform at 20:00 on April 24, Hong Kong time!
With the reduction of Bitcoin mining rewards and the upcoming launch of the Rune Protocol, the entire Bitcoin ecosystem is witnessing a revolutionary change. By being the first team to launch a native AMM Swap product for BTC, the DotSwap team naturally turned its attention to the Rune Protocol. In this update, DotSwap not only enhances existing functionalities, but also leads in technological innovation in the industry.
Since the public beta launched in September 2023, DotSwap has been running smoothly for over 200 days, with a volume of nearly 400 BTC, a TVL of nearly 40 BTC , and over 9,000 on chain transactions . The continuous growth of various data and rapid product updates demonstrate DotSwap's strength as a long-term builder in the BTC ecosystem.
Runes Launchpad
DotSwap has announced the development of the revolutionary Runes Launchpad feature. This feature applies the "launch mode" Mint + Liquidation "unique, not just guaranteed launch property in a fair but also permissible manner create a liquidation pool for the first time . This mechanism has significantly improved the operational convenience of project participants and investors, while also solving Weaknesses criticized by users for BTC assets (such as BRC20, ARC20, etc.) :
- Low liquidation : BRC20 traditional Order Book trading market has low liquidation and high transaction attrition. When market sentiment is low, floor prices will have a downward spiral. All BTC provided by Runes Launchpad users participating in the launch will automatically be added to the initial liquidation pool created through DotSwap. Once the launch is complete, rune trades can be made on DotSwap at any time and in any amount, which will increase the value. liquidation and trading asset flows.
- Low user engagement : Users who join Mint tend not to keep it for long and there are not many application scenarios for trading and using assets. Users participating in Runes Launchpad will automatically become LP(LP ) of the liquidation pool and immediately start earning profits from trading fees. While increasing the liquidation pool depth (TVL), it also allows users to have more. Long-term holding trust gives the asset more application scenarios.
- Project parties have a low degree of freedom : high-quality project parties have a certain need for Token distribution. To meet users' needs for a fair launch, they often need to conduct large-scale Airdrop , which is a complicated and high-cost process. . Runes Launchpad's automated “launch, add liquidation , and Token distribution” process will significantly reduce the project side's activity threshold, allowing the project side to have more energy and resources to focus on building build the project and perfect the asset application scenarios and In addition, It can attract more high-quality projects to join the Bitcoin circle, bring more money to Rune Assets and provide more TVL more for the BTC DeFi ecosystem.
Runes Launchpad provides excellent answers to these questions, demonstrating DotSwap's leadership in technological innovation as well as its unique understanding of user needs and operational strategies.
Thanks to the great attention to the Runes Protocol and the innovative launch mechanism, the project is the first " RunesCoin· DeFi " Launching on Runes Launchpad was a huge success: over 500 participating users came together to create an initial 4.5 BTC liquidation pool. When projects on Runes Launchpad are launched, they have liquidation The highest yield and TVL in the Runes ecosystem, demonstrating the high efficiency of Runes Launchpad and fully demonstrating investors' trust in it First chain of AMM Swap.
With the innovative mechanics of Runes Launchpad and the successful launch of the rune project " RunesCoin· DeFi ", we can expect that DotSwap will continue to expand its influence in the rune ecosystem, stimulate more vitality and Capital flow in the BTC ecosystem, and thus lead the wave of the Bitcoin DeFi Wave new.
Swap AMM Runes
As the first team to deploy BTC's native AMM Swap, DotSwap has successfully applied the AMM model to the Runes protocol. Through the Swap Rune function provided by DotSwap, users can freely exchange between BTC and rune assets at any time and in any amount . The launch of Rune AMM Swap not only brings richer liquidation to Rune assets, but also significantly improves the trading experience and provides users with more efficient services.
Additionally, the latest version of DotSwap, V3, also introduces an upgraded Multisignature wallet mechanism. Through cooperation with famous asset management company BitGo and computing service provider Safeheron, this mechanism has significantly improved the security of assets in the liquidation pool and guaranteed security for every Trade on DotSwap.
Rune generation, engraving tool, BTC acceleration tool
In addition, DotSwap will also launch a one-stop BTC service platform - DotSwap Tools, which includes a series of rune-related tools, including Mint, Etch and BTC transaction acceleration tools. The overall operating experience of the platform is smooth and convenient, and it is very easy to use. All tools are currently free of service fees, providing users with diverse functions and quick convenience. This is a great assistant for rune ecosystem users participating in minting. and rune property trading.
Summary
DotSwap has become a leader in the BTC DeFi ecosystem. Its technical prowess and forward-looking strategy make it a standout in the highly competitive rune market. With years of accumulated experience in Bitcoin development, along with the support of the newly launched Rune Protocol, DotSwap continues to optimize its products and services to meet the growing needs of users. . In particular, two key products, Runes AMM Swap and Runes Launchpad, not only address major user pain points in the market but also lead industry trends through innovation. Looking towards the post- BTC halving future, with the further development of the BTC DeFi ecosystem, DotSwap is expected to continue expanding its rune market share, providing users with more value and having Endless development potential!
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