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The DeFi ecosystem has grown rapidly in recent years, becoming one of the most important sectors in the crypto and blockchain industries. Decentralization's freedom has enabled developers to complete the on-chain construction of a new financial ecosystem quickly.
FREMONT, CA: Hswap, a decentralized exchange built on HECO Chain that adopts an automatic market-making mechanism (AMM) model, launched the Featured Area section to provide DeFi players with more professional, cutting-edge market information as they continue to grow their projects.
The DeFi ecosystem has grown rapidly in recent years, becoming one of the most important sectors in the crypto and blockchain industries. Decentralization's freedom has enabled developers to quickly complete the on-chain construction of a new financial ecosystem. DeFi, or decentralized finance, develops various financial applications on the blockchain using smart contract technology. Quantification, market making, lending, insurance, bonds, funds, auditing, derivatives, ETF, DEX, clearing and settlement, and other applications are common. While there has been an increase in the number of solid projects, including DEXs, the space has also experienced difficulties, such as the proliferation of scam projects, which has resulted in a lack of transparency and trust.
To address this issue, Hswap has introduced the concept of "Featured Area" for DEX applications, which will reduce the overall impact of low-quality projects on the DeFi ecosystem and allow users to better select and invest in quality projects. To provide DeFi players with more professional, up-to-date market information, Hswap will broaden its asset product category and token list, as well as add a "Featured Area" section to underline potential projects based on their market track records.
To provide DeFi and NFT players with more advanced market opportunities, Hswap will select potential assets based on their market track record. Furthermore, in the future, Hswap will recommend outstanding projects to the main trading platform. The recommended projects will naturally stem from Hswap's newly launched "Featured Area," which will include popular projects widely recognized by users as well as high-quality projects in DeFi, Layer 2, Web 3.0, cross-chain, sidechain, and decentralized storage.
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