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Mooniswap integrates with TRON blockchain

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Tran Cong
Mooniswap integrates with TRON blockchain

Mooniswap - an Ethereum-based automated market maker (Automated Market Maker - AMM), recently launched, developed by 1inch. Recently announced it will integrate with TRON blockchain.

“Integrating with TRON will help liquidity providers increase income,” said 1-inch co-founder and CEO Sergej Kunz.

"The liquidity providers on the TRON blockchain will benefit from the 'virtual balances' of Mooniswap," Kunz explained.

We've shared more details here: bitcoin exchange

During integration, TRON plans to reward liquidity providers on Mooniswap with TRX.

The TRON JustSwap based decentralized transaction protocol will also be integrated with 1inch's DEX Aggregator.

In the near future, 1inch plans to launch "Mooniswap v2", with instant governance capabilities, issue 1inch native tokens and a highly efficient API with the new algorithm.

"To achieve those goals, 1inch has planned to raise capital, at the same time the company will hire more people and expand its team size from 20 people to 50 people," Kunz said.

Last month, 1inch raised nearly $ 3 million, with the participation of Binance Labs, FTX, Galaxy Digital, Dragonfly Capital and several other companies.

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