Karura Swap

Trading is now live on Karura Swap, the First Decentralized Exchange in the Polkadot & Kusama Ecosystem. Karura Swap has opened trading for the KSM/KAR pair, which currently has $3,410,992.00 in Total Value Locked thanks to Karura Swap’s “Bootstrap” mechanism.

Today we’re covering Karura but in order to understand it we have to define its relationship to Kusama as well as Kusama’s relationship to Polkadot, not to mention Karura’s relationship to Acala. But I’ll do my best to make it as clear as possible because what’s being built here, particularly in DeFi could be really…