[Blockchain Today Reporter Ji-Hye Han] Thunder Token (TT) announced on the 7th that TT/ETH and TT/USDT trading pairs will be supported as it is officially listed on UniSwap V3 on May 5.
With this listing, Uniswap V3 advances the circulation of TT, and TT can directly swap with various tokens. Not only that, but by attracting more global users and developers, it is now possible to give power and energy for TT cross-chain yield farming.
Uniswap is a decentralized exchange (DEX) distributed on the Ethereum chain. It is at the forefront of most indicators, including transaction volume, users, and smart contract storage assets. The improvement of the total liquidity, range order, and multi-level rates of the Yusys Swap V3 version is expected to significantly improve the efficiency of TT liquidity mining. Layer 2 and non-replaceable tokens (NFT), which were introduced together with V3, make it easier to dock digital and traditional assets, making Uniswap V3 the first platform to launch TT cross-chain and farming services.
◇Diversification of fund pool, promoting TT liquidity
There are more than 1000 assets listed on Uniswap, and multiple liquidity fund pools can be established in relation to TT. TT Liquidity Provider (LP) provides the same liquidity as conventional DEX in a specified price range.
Along with this, TT users can reduce risk with multi-level rates. The savings can be invested in other assets, or you can get more transaction fees by participating in DeFi projects.
With the enrichment of the ERC20 asset ecosystem, TT asset liquidity, transaction matching efficiency, revenue generation method, and value exchange of the ecosystem are expected to improve significantly in Uniswap.
◇Crosschain interest farming, rewarded with new tokens
Cross-chain interest farming is rewarded with a new token, TORO. Previously, liquidity mining could only be carried out on its own chain. However, ThunderCore’s liquidity mining has creatively combined with the ETH ecosystem to set a precedent for other chain mining. In the future, cross-chain interest farming participants will receive Toro as a new interest token.
Unlike BSC Chain’s Initial Farm Offerings (IFO), TORO is one of the industry’s first IXO (Initial cross-chain yield farmining offerings) tokens. In other words, it is the first issuance of TT cross-chain farms and has features such as openness, low barriers to entry, high profits, and high distribution.
TORO can be swapped with DeFi rights and interest tokens of the TT cross-chain ecosystem, and can be applied in various DeFi dapps such as Uniswap V3, TT Token Bridge, and TT Swap. In Uniswap V3, LP provides liquidity for the following trading pairs, through which you can earn cross-chain interest token Toro.
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