Wombat exchange took to its Twitter page to inform users of its partnership with Metasense DAO. Metasense DAO is the leading organization that supports top-tier Blockchain projects. Wombat’s team claims that the partnership with Metasense would help it become better equipped to build the best stable swap in the world. Partnership sealed🤝 We're proud to announce our partnership with @metasense_dao, a major organization supporting top-tier blockchain projects. With the support from their league of blockchain experts, Wombat is more than ever equipped to build the best #stableswap in existence! pic.twitter.com/uix0x38zto — Wombat Exchange (@WombatExchange) May 18, 2022 Wombat Exchange Binance Labs has backed a multi-chain stable swap called Wombat Exchange. Stableswap is being re-engineered to be more user-friendly, more accessible, and more scalable. The open liquidity pool, single-sided staking, and little slippage distinguish Wombat Exchange from other stable swap exchanges. Their algorithm makes it possible to bet on only one side, has an open liquidity pool, and has less slippage. Wombat Exchange has segregated liquidity pools. Its stringent balancing mechanism limits the amount of capital used. It, in turn, results in slippage and a reduction in interest income. Users have to pair stablecoins that aren’t as popular with 3pool tokens through table swaps. But, that will make staking too complicated for its users. You can tra...
