Powered by Autonomy, AutoSwap brings the first limit orders and stop losses of all time to Pancakewap on Binance Smart Chain
Powered by Autonomy, AutoSwap brings the first limit orders and stop losses of all time to Pancakewap on Binance Smart Chain
Zug, Switzerland, January 6, 2022,
Autonomy network , a standard decentralized automation protocol, is pleased to introduce the introduction Autoswap , the first DAPP, which offers limit-order, stop-without, recurring payment functions for Binance Smart Chain-based dexes such as Pancakeswap. The DAPP will also be available on Ethereum, Polygon, Avalanche, Solana and other chains. It is the first time that these functions are available in the entire defi ecosystem.
By offering functions in Defi, which were previously only available on centralized stock exchanges, Autoswap aims to help users better manage risks and increase returns without having to stare around the clock on the screen. Since the cryptoma markets are open around the clock, retailers can automate their orders with autonomy in order to remain active on the market in their sleep.
James Key, the co-founder of Autonomy Network, commented: " By introducing limits and stop-loss orders for Dexs for the first time on a blockchain, Autonomy Es Dexes has made it possible to have the same functions as centralized stock exchanges. The main inhibitor for the growth of Dexes and the last coffin nail for the dominance of centralized stock exchanges is, which means that the majority of the volume on Dexes . ”
leading dexes on several blockchains have teamed up with autonomy to offer their users the same functions available on centralized stock exchanges. In view of the exponentially growing trading volume of Dexes, the lack of automated solutions such as limit orders, stop loss, recurring payments and protection against temporary losses for defi users had become a real problem.
SOKUSWAP, a decentralized multi-chain exchange, has successfully integrated Autonomy into the Binance Smart Chain. Pangolin integrates the limit orders, stop loss and impermanent loss prevention functions of autonomy into avalanche. It aims to improve general user -friendliness and to offer users and LPs better risk management by integrating autonomy. Soon Apeswap will also offer autonomy-powered limit orders on Binance Smart Chain.
Autonomy Network enables defi users to set up any actions in a decentralized and guaranteed way that are triggered under any conditions. It is not only limited to the trade. It could be integrated into decentralized stock exchanges, credit protocols, DAO administration tools or even meta-verse and NFT projects. For example, the Kashi credit platform has decided to integrate autonomy native to offer automated self -liquidations.
These integrations take place before Autonomy Network brings its token onto the market. The protocol is preparing for his initial Dex Offering (IDO) in February.
about Autonomy Network
Autonomy Network is the leading decentralized automation protocol that creates critical automation infrastructure for web3 dapps. Autonomy Network helps Dexes in Ethereum, Binance, Avalanche, Polygon and other chains and Layer 2 solutions to increase their volume by enabling them to offer users a wider range of functions such as limit orders, protection against temporary losses, recurring payments and more.
contacts
- James Key
- james@autonomynetwork.io
Source: Crypto-news-flash.com
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