CORE

ShadowSwap Outlines Next Development Plan on Core Chain

by BSC News

April 3, 2023

chain

ShadowSwap prepares for a big April with exciting innovations for users, including the highly anticipated NFT AMM marketplace.

ShadowSwap Updates Users on More Ecosystem Development 

Last month was eventful for the ShadowSwap Decentralized Exchange (DEX). The Core-based protocol looks set to continue its progress by rolling out new features for users in the Decentralized Finance (DeFi) space. 

The protocol wants to build on last month’s progress with more innovations. As expected, the DEX shared its upcoming development plans through Twitter on April 1. The highlight of the protocol’s plans is the development of its AMM Non-Fungible Token (NFT) marketplace and native NFT collection. 

In the coming days, ShadowSwap will accomplish the following goals: 

  • Utilize Discord and Medium to release educational content and AMAs for users to understand DeFi. 
  • Keep users updated with the development of the AMM NFT marketplace, including details of Shadow NFTs and their use cases, ahead of launch. 
  • Update the DEX with new features on the Stable Swap and more. 
  • Modify the new Initial Farm Offering (IFO) model to accept $CORE. 

The next few weeks will be one to look out for on the top Core chain DEX. The protocol’s progress is evident and is the second-largest on Core by Total Value Locked (TVL), according to Defillama. With the upcoming NFT marketplace and collection, BSC News expects more adoption in the blockchain industry. 

What is ShadowSwap: 

ShadowSwap is a DEX built on the Core chain, offering decentralized trading, including an NFT AMM marketplace, plus a lending feature in the works. 

The protocol utilizes Core’s blockchain capabilities to create an open and safe marketplace for traders, liquidity providers, and developers.

Where to find ShadowSwap: 

Website | Twitter | Discord 

What is Core DAO:

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:

Website | Docs | Twitter | Discord

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