Monoswap
MonoX Protocol
- Founded
- 2020
- Business Model
- Marketplace
- Website
- monox.finance
About
MonoX is a DeFi protocol that uses single-token liquidity pools instead of token pairs by grouping deposited tokens into a virtual pair with the vUNIT stablecoin. Its first product is Monoswap, an automated market maker launched in October 2021, designed so projects can list tokens with less extra capital, liquidity providers deposit one token, and traders pay lower swap fees. The protocol also describes a two-tier official and trustless pool system intended to reduce rug-pull listings.
Summary
Monoswap is a Crypto & Web3 company, founded in 2020.
Tech & App Stack
2 technologies & apps tracked
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