Place/Date: - November 18th, 2021 at 3:57 pm UTC · 3 min read
Contact: DexBrowser, Source: DexBrowser
DexBrowser, the premier Web3 data aggregator and “super decentralized exchange platform, is proud to announce a key strategic partnership with FantomStarter. The collaboration will provide DexBrowser exclusive access to financial, technical, marketing and strategic development resources in the FantomStarter ecosystem. In addition, DexBrowser will conduct its Initial DEX Offering (IDO) on the FantomStarter Launchpad. The Whitelisting and Private and Public Pools launch dates will be announced soon. Stay tuned for more…
DexBrowser is developing an innovative suite of tools to make decentralized trading more accessible and profitable to all. Decentralized trading, liquidity pools, and staking solutions are widespread yet often difficult to access in the current landscape. DexBrowser aims to combine all of these aspects under one roof to make them more accessible and help users achieve much higher profitability than before.
The DexBrowser suite rolls out in stages, with a strong focus on advanced trading tools. Those tools will include spread and arbitrage features to explore potential profit opportunities across multi-chain DEXes and smart cross-chain trading solutions. In the second phase, the team will introduce income-driven data derivatives to provide access to new cross-chain farming pools and automatically allocate funds to different pools with re-investment options.
The ultimate goal of DexBrowser is to provide an open-source data network, including data sharing and mining, and product development. BRO, the native token, will power that part of the ecosystem. It is a governance token users can earn through farming, providing data, and building new products. BRO holders will gain access to exclusive features, including non-fungible tokens and more advanced tools.
The BRO token will be made accessible to investors through an Initial DEX Offering (IDO) through the FantomStarter protocol. That decision is made possible thanks to a recent partnership between DexBrowser and the Fantom project. Right before DexBrowser’s suite of tools goes live, a partnership on this scale marks a crucial milestone for the team. Moreover, it allows DexBrowser to explore opportunities on the Fantom blockchain, providing users with even broader access to various products and services.
As decentralized finance (DeFi) on Fantom gains more momentum, it is crucial to access this ecosystem. Fantom has a faster, cheaper, and more reliable infrastructure than other networks providing DeFi access. Options to explore include the trading of synthetic assets, lending, and borrowing. The native fMint, fSwap, and fLend solutions have proven appealing to many users so far.
Additionally, Fantom recently announced an incentive program to reward developers and projects exploring this ecosystem. With 370 million FTM – worth over $788 million – to distribute, the partnership with DexBrowser becomes all the more important to expand the project’s reach.
The FantomStarter protocol, designed to democratize investing in decentralized finance, caters to traditional startups and up-and-coming blockchain projects alike. Retail investors can receive allocations automatically and securely. The team raised $532,000 in seed funding earlier this month. The company is now valued at $3.6 million.
DexBrowser uses unique algorithms and strategies to quickly present users with the turnover and popular pairs of different DEXes and recommends the most suitable pairs and DEXes for arbitrage. The platform also provides intelligent point-of-arbitrage notifications and a suite of tools such as K-line charts, pending order trading, and a trading pair browser.
DexBrowser is in its final stages of production and plans to launch in late November 2021.
FantomStarter is a multi-chain IDO platform, which helps approved projects raise funds through the Fantom Opera chain. Its cross-chain interoperability provides projects a choice of blockchains with operational support from the FantomStarter team across Fantom (FTM), Binance Smart Chain (BSC), Ethereum (ETH), Polygon (Matic), and many other networks.