AshSwap Newsletter: July Recap

ashswap-newsletter-july-recap
Greetings, fellow AshSwapians!
 
July has been a remarkable month for us, as we’ve taken a giant leap towards fulfilling our dApp’s vision as a DeFi Layer and sailing full speed ahead to greater achievements.
 
Let’s take a moment to reflect on the major developments that shaped last month.
ashswap newsletter

Product Log

Introducing AshSwap Ignite, the next stage of our journey, where we proudly rolled out new features on the Mainnet. This significant release includes a fully-functioned flywheel of our voting-escrow tokens model (veASH), elegantly encompassing AshDAO Poposal, Farm Weight Voting, and Bribe in a seamless process.

This upgrade extends veASH holders with more earning opportunities through bribes and yield strategies by empowering them with more control over ASH farms’ metrics.

The addition of new tokens and pools on AshSwap fostered synergies within the ecosystem. Hatom Protocol sEGLD/EGLD and HsEGLD/sEGLD, as well as JewelSwap JWLEGLD/EGLD and JWLASH/ASH are now available for trading and yield farming. Until the end of July, a total of $7000 bribes have been offered by Hatom Protocol and JewelSwap to bootstrap more liquidity into AshSwap.
But that’s not all!
In July, the AshSwap Aggregator extended its support to OneDex, adding a new market to our Dynamic Trade Routing algorithm.
ashswap newsletter - july recap

Partnership and Community

We take immense pride in our alliance with Knights of Cathena, the first launchpad project on Entity Finance. As a leading MultiversX DEX, AshSwap will list and aggregate liquidity to $CGO after the token sale, reinforcing our commitment to supporting innovative projects.

In collaboration with Itheum, we hosted the AshSwap Trailblazer NFTs Exclusive Giveaway. This exciting event allowed participants to become early adopters of Itheum’s cutting-edge Data NFT innovation.
ashswap newsletter - july recap

Monthly Key Stats

July witnessed All-Time Highs (ATHs) in every index! Your unwavering support for our recent updates has been incredible, inspiring us to forge ahead with our product development.
 
Let’s take a snapshot of the key statistics for July!

August 2023: To infinity and beyond!

We have so much in store and can’t wait to share it with you. Brace yourself for more listings, new integrations, exciting partnerships, and engaging community events to power up your DeFi journey.
 
Meanwhile, as we continue to optimize speeds and traffic capacity through upgraded SDK packages and improved systems, DApp integrations will become more seamless and effortless.
 
At AshSwap, our journey of transformation is a continuous and unstoppable process. As we enter Q4, we are excited to unveil our updated roadmap, representing our commitment to progress and innovation.
 
Strap in for the ride, and stay tuned!
 
Let’s BUIDL. BUIDL. BUIDL.
 
Best regards,
The AshSwap Team.

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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