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Stellaswap and DefiEdge Join Forces to Bring Efficient Liquidity Management to Moonbeam

External - Press Release

By: Defiedge Loading...

Stellaswap and DefiEdge Join Forces to Bring Efficient Liquidity Management to Moonbeam

May 26, 2023Stellaswap, the largest decentralized exchange (DEX) on blockchain network Moonbeam, has forged a partnership with leading liquidity management platform DefiEdge. This strategic alliance combines Stellaswap's innovative automated market maker (AMM) platform, which leverages Algebra Finance’s groundbreaking v2 concentrated liquidity contracts, with DefiEdge's exceptional liquidity management capabilities. As a result of this collaboration, Liquidity Providers (LPs) can seamlessly harness concentrated liquidity via DefiEdge's user-friendly interface.

"We're thrilled about this partnership's potential to harness the concentrated liquidity tool's power for the DeFi community," said Hafiz at Stellaswap. "Our AMM platform, coupled with DefiEdge's cutting-edge liquidity management solutions, simplifies concentrated liquidity provision and management, making it more accessible to a broader audience."

The partnership will also see DefiEdge's revolutionary Automated Liquidity Optimization (ALO) solution integrated into Stellaswap’s platform. The solution automatically rebalances liquidity positions – a feature that enhances liquidity across pools, facilitates precise price discovery, and increases capital efficiency. Combined with Algebra Finance’s concentrated liquidity contracts, ALO will grant LPs enhanced control and the ability to optimize capital allocation, unlocking the potential for higher returns.

"We are so pleased to be partnering with a high-quality decentralized exchange like Stellaswap,” said 0xTJ, CEO of DefiEdge. “Together, with Stellaswap’s diverse range of features, Algebra Finance’s concentrated liquidity capabilities, and DefiEdge’s liquidity management tools, we aim to simplify liquidity management and create a dynamic, user-friendly experience on for LPs on Moonbeam and beyond."

Stellaswap and DefiEdge's collaboration embodies a shared vision of driving innovation and elevating liquidity management in the DeFi ecosystem. Keep an eye out for updates on this exciting partnership as DefiEdge continues to redefine the boundaries of DeFi liquidity management.

About Stellaswap
StellaSwap is a DEX on Moonbeam that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects, and engage in NFT trading all from a single unified platform. StellaSwap’s products are structured in such a way that facilitates decentralized governance of STELLA holders, while continuing to innovate on the collective foundations by design. For more information about Stellaswap, please visit https://stellaswap.com/.

About DefiEdge
DefiEdge is a pioneering asset management platform that provides LPs with sophisticated strategies and tools for optimizing their yield farming and liquidity provision. With a focus on capital efficiency and automation, DefiEdge aims to empower LPs with innovative solutions that enhance their earnings while minimizing the time and effort required for managing their liquidity positions. DefiEdge is committed to driving the adoption of DeFi and revolutionizing the asset management landscape in the crypto space. Visit https://www.defiedge.io/ for more information.

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