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LFGSwap Integrates With OKX Wallet, Crosses $15M in TVL

by BSC News

April 1, 2023

chain

Users can now deposit and trade their assets seamlessly on the web3 wallet. The protocol also boasts of massive adoption on Arbitrum.

LFGSwap Announces OKX Wallet Integration 

LFGSwap has announced its integration with the OKX web3 wallet. The Core-based Decentralized Exchange (DEX), has also witnessed a significant surge in Total Value Locked (TVL) since expanding to Arbitrum. 

The protocol announced the partnership on March 30, including the successful Initial DEX Offering (IDO) on Arbitrum. The integration would allow users to easily trade and deposit their $LFG tokens on the secure web3 wallet. The team shed more light on the integration with BSC News. 

“With the new integration, users can now deposit their assets and instantly start trading. This feature streamlines the trading process and offers a more seamless experience for users,” LFGSwap wrote. “In conclusion, the ability to manage assets and execute trades on a single platform is a significant advantage for users.”

The protocol’s TVL increase was fueled by the successful IDO, as illustrated in the tweet. According to LFGSwap, a total of $27.8M, representing 4560%, was raised on the launchpad. Following the overwhelming participation in the IDO, the protocol’s TVL increased by over four times its size on both Core and ETHW. As seen on DeFiLlama’s TVL aggregator, LFGSwap’s TVL crossed the $15M mark. 

The team disclosed more to come from its expansion to Arbitrum. Judging by the positive start on Arbitrum, the protocol is on track to celebrate more growth in the crypto space. 

“The recent increase in TVL following the move to Arbitrum demonstrates the LFGSwap's potential, and we can expect to see even more growth and innovations in the future,” the team added. 

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Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.

Where to find Core DAO:

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