KuKuswap is a next-gen DEX designed to provide access to new tokens and a simplistic trading experience. The network incorporates the most popular DeFi protocol and a host of other benefits that make KuKuswap ideal for new and experienced investors alike. As such, the protocol is well-positioned to become the top-performing DEX on the KuCoin blockchain. Notably, the developers behind the KuKuswap concept took inspiration from other top-performing DEXs in the market. Specifically, they stated that the Binance Smart Chain (BSC) DEX, PancakeSwap, was the platform they modeled KuKuswap after. This inspiration is evident in the similar features and streamlined interface.  What Problems Does KuKuswap Attempt to Fix? There are a lot of crucial issues that KuKuswap attempts to rectify. Primarily, the network helps to eliminate centralization in the DEX community. For the longest time, traders were relegated to Ethereum DEXs. Eventually, more options and networks ventured into the market, but for the most part, Ethereum and the BSC dominate the sector. Now, regular traders gain access to a powerful new network built from the ground up to simplify the top crypto features. High Gas Fees KuKuswap users enjoy much lower fees than Uniswap users. The main reason for these reduced costs is the technical structure of the platform. The KuCoin blockchain is less expensive to conduct transactions and execute smart contracts on. Consequently, users can save a bundle when they migrate to KuKuswap. Scalability Along the same lines of thought, scalability is another major advantage provided by KuKuswap. The KuCoin blockchain outperforms Ethereum in TPS rate and block production. Specifically, KuCoin produces blocks every 3 seconds. In comparison, it takes Ethereum around 13 seconds. This added scalability directly results in a more responsive and efficient user experience. Features Despite its simplistic layout, KuKuswap offers some top-notch benefits to users in the form of swaps and liquidity protocols. Also, the network enables developers to migrate as all smart contracts are ERC-20 compatible effortlessly. This decision was wise as Ethereum still dominates the DeFi sector in terms of applications and DEXs. Now, developers can expand their platforms to incorporate the KuCoin community without creating all new applications. KuKuswap Mechanics The KuKuswap exchange was designed to provide user access to the growing KuCoin ecosystem. The network operates on the KuCoin chain exclusively. As such, users gain access to an entirely new network of tokens, NFTs, and services. Here are just a few of the top features users enjoy when they switch over to KuKuswap. Swap Swap is the main feature offered to KuKuswap users. This DEX operates as an AMM (automated market maker). ATMs are prevalent in the DeFi sector because they provide less slippage and faster trading times. This feature is straightforward to use. The interface was designed to mimic other top-performing DEXs. Uniquely, you have a lot of options when conducting swaps. Hit the gear in the top right corner of the trade window, and you will open up features such as the adjustable slippage tolerance. You can also toggle on expert mode and disable multi-hops. Notably, the expert mode allows you to bypass confirmation models. This strategy enables high slippage trades for expert users. Liquidity KuKuswap also provides users with liquidity pools. A Liquidity pool is a large smart contract that users deposit funds into, and in return, they receive rewards based on their participation level and time. Liquidity pools are an essential part of other top-performing DEXs for multiple reasons. Primarily it’s because they provide more reliable and secure ROIs to users. Using KuKuswap If you are familiar with Uniswap or PancakeSwap, you will have no problem navigating KuKuswap. It built the platform from the start to simplify all the most vital DEX features. Consequently, there’s no previous experience required to start securing rewards and conducting trades on the network. KuKuswap - The Next DeFi Ecosystem is Here The DeFi race is heating up, and this latest entry is just proof. KuCoin has long been an advanced blockchain with tons of potential. Now, the network has gained a powerful tool to help connect traders and developers in new ways. It will be interesting to see how KuKuswap accelerates Dapp development in the KuCoin ecosystem in the coming weeks. But, for now, you can join the KuKuswap movement here .

A new player making waves (no pun intended) as a top new NFT marketplace has quickly gained the attention of not only the crypto world but major global partners and celebrities. Today, Infinity8 has announced a 12:00 pm eastern standard time Clubhouse chat with one of the single most influential living artists, Sacha Jafri, hosted by no one other than clubhouse and NFT influencer Farokh Sarmad. They will be announcing the launch of the marketplace and their partnership with the iconic artist.  Sacha, a UK-born contemporary artist is best known for creating the world’s largest painting on canvas, Journey of Humanity, which sold for $62,000,000 at auction in Dubai, making it the fourth-highest price ever paid for a work of art by a living artist. Alongside, Farokh will be COO Kyle Clifford, of AMFAR, a globally recognized AIDS philanthropy, as Sacha shares his recent entrance into the world of NFT’s with marketplace infinity8.io founded by the philanthropist and billionaire Javed Fiya. Jafri is known for generally working outside the gallery or studio, and is globally recognized for his work in philanthropy, donating much of his work and profits to charity. With collectors of his work including former U.S president Barak Obama, Sir Richard Branson, Leonardo DiCaprio, Bill Gates, David Beckham, and many more, Infinity8 also announced that Eva Longoria will be joining the conversation. While the NFT space has been criticized by both crypto enthusiasts to major gallery owners, this is a significant signal that the “fine NFT art” world is here to stay. The Clubhouse will take place at 12:00 pm EST Today, and the link can be found below. Tune in: https://www.clubhouse.com/event/mJWDZVNr About Infinity8 Infinity 8 gives unlimited access to the best digital art around the world. Infinity 8 is one of the largest marketplaces where everyone can create, buy and sell digital art. Find rising talent for some of the world's most renowned artists and start your NFT collection today! www.infinity8.io Media inquiries: Doug Messer [email protected]

MEXC Global , a top cryptocurrency spot and derivatives exchange, is adding support for market-leading stablecoins USDT and USDC on Algorand. As a high-performance, fully decentralized blockchain network, Algorand will allow users to transact in their preferred dollar-pegged stablecoin on MEXC. The addition of USDT and USDC on MEXC comes at a time when the crypto market is experiencing rapid growth and usage of stablecoins. The development will help expand the use cases of the two most widely used stablecoins across multiple payment platforms and financial applications. Deposits and withdrawals of Algorand versions of USDC and USDT are expected to be in the top 3 in the entire network. The expansion of USDC and USDT support on MEXC marks a major milestone for stablecoin accessibility to users worldwide. By leveraging the Algorand high-performance network, users on MEXC can amplify the potential utility of stablecoins for enterprises and institutions. In one of his interviews, MEXC CEO John Chen Ju made it clear that: “MEXC is continuously pushing boundaries, while holding on to its values and beliefs. Fruitful partnerships with valuable players of the crypto-sphere will drive the industry forward and only time will show the devotion and professionalism MEXC continuously offers” Algorand: A Fast, Scalable Smart Contracts Blockchain After the first public chain appeared which offered support for stablecoins, other emerging networks with better transaction scale and speed have begun to gain traction in the space as well. In Feb 2020, stablecoin operator Tether announced the launch of USDT on Algorand . Several months later, Algorand became the second major blockchain network after Ethereum to expand support for USDC after the stablecoin experienced over 3x growth in just six months. USDC is now one of the most widely used stablecoins with over 24 billion in circulation. The cost of using USDT or USDC depends on the chain on which the stablecoin functions. In the recent past, Ethereum, a proof-of-work (PoW) blockchain, has experienced a surge in demand amid the ongoing DeFi boom. Consequently, gas fees and network congestion are at record high levels, making transacting with ETH-based versions of USDT and USDC very costly and prohibitive for smaller, everyday transactions. As a proof-of-stake (PoS) blockchain, Algorand can scale to support the transaction throughputs needed to process the high-seed, high-volume demands of modern finance. The network also offers transaction finality, near-instant settlement (<4.5 seconds), and significantly lower transaction costs than PoW blockchains like Ethereum. Finally, the network’s infrastructure integrates robust core security. These features make Algorand the blockchain of the future and have contributed to an increase in stablecoin use on the platform. Yieldly: First project on Algorand to be listed on MEXC Global MEXC will also undertake another world-first and list the leading Algorand DeFi project Yieldly $YDLY as the first native Algorand DEFI token to list anywhere in the world. Yieldly is one of DeFi industry’s fastest growing project with over $25m TVL, 150,000+ transactions and 10,000+ users. Yieldly Founder, CEO, Sebastian commented “Yieldly is delighted to join forces with one of the leading and fastest growing exchanges in the world, MEXC Global. We look forward to MEXC’s users being able to experience Yieldly’s world leading DeFi ecosystem on Algorand network.” MEXC Global: A Limitless Trading Experience MEXC Global (previously MXC Exchange) is a Singapore-based centralized crypto trading platform bringing a wide array of crypto-related services to users.  The MEXC team is committed to expanding its crypto trading services into the global market as the exchange strives to provide the best offerings in the crypto world.