AshSwap — AutoScale partnership announcement

We’re thrilled to announce our new partnership with Autoscale — a unique gem in MultiversX with many potentials with their yield optimization features.

About Autoscale

Autoscale is the first yield optimizer on Elrond (now MultiversX), allowing you to earn better interest on your cryptos.

Two main things you need to remember are Vaults and Strategies.

  • Vaults are where you deposit your funds, and Strategies will do everything for you.
  • Strategies are developed by the Autoscale team for different assets and will be used for passively maximizing your yield; there are plenty of strategies, such as auto-compounding for LKMEX, or EGLD-USDC,…

Both Vaults & Strategies on Autoscale are secured & enforced by smart contracts.

Autoscale has a lot potentials in this DeFi world with their interesting features; not just auto-scale their user’s assets, we think they can auto-sale “Autoscale” to become a big guy soon.

Our Vision

While Ashswap & Autoscale are built on the MultiverseX blockchain, and our features are also related to DeFi, both of us will have lots of opportunities to do things together to enhance the MultiverseX DeFi ecosystem. Integrating both projects will create more ways for users to invest their assets with the best profit, time-saving & also able to track their portfolio improvement passively.

“I’ve been following Ashswap and his team since the beginning and they are awesome, so it’s a pleasure for us to partner with them to build products and develop more the DeFi ecosystem on MultiversX.”

About AshSwap

AshSwap is the first decentralized exchange built on the MultiversX blockchain that allows users to trade between stable assets with high volume and small slippage. As Elrond grows to become the infrastructure of DeFi, more types of stablecoins will flow in, and users will need a place to swap them.

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