Hybrid Ecosystem Syscoin Partners with DEX ApeSwap

Time:2022-02-13 08:00 Source:Internet Copy share

On February 13, according to official news, the hybrid ecosystem Syscoin announced a partnership with the decentralized exchange ApeSwap. ApeSwap is the first DEX to host Wrapped Syscoin (or WSYS). Syscoin already provides initial liquidity, which will increase over time. Initially, traders will be able to exchange between WSYS/BUSD trading pairs, with other underlying trading pairs to follow in the future. Although WSYS and BUSD are the official base trading pair, thanks to ApeSwap's router, users will be able to exchange WSYS for any whitelisted token. At the same time, the Syscoin team will study the solutions ZK-Rollups can provide for DEXs.

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