In the ever-evolving world of Web3 and blockchain, partnerships and collaborations play a pivotal role in the growth and success of projects. AshSwap, as the leading DEX and DeFi layer on MultiversX, is no stranger to the power of strong alliances.
AshSwap, Entity, and Knights of Cathena
Today, we’re thrilled to shed light on the remarkable synergy between AshSwap, Entity, and Knights of Cathena, showcasing how we drive the Web3 ecosystem forward.
The AshSwap-Entity Strategic Partnership From its inception, AshSwap has been committed to pushing the boundaries of DeFi and real-world utilities. A key supporter of AshSwap’s journey has been Entity, one of our strategic partners whose suite of consultancy and growth-hack strategies have driven our network adoption. Our partnership began at the very foundation of AshSwap, and their experience has proven invaluable.
In recognition of their unwavering support, we have extended our cooperation to the first launchpad on Entity, Knights of Cathena, marking the dawn of a new era in collaboration.
Bridging the Collaboration between AshSwap and Knights of Cathena We believe DeFi and GameFi are two of the most important use cases for driving Web3 adoption. That’s why we eagerly join hands with Knight of Cathena to make the $CGO ecosystem as vibrant, efficient, and powerful as possible. Leveraging AshSwap’s cutting-edge AMM DEX infrastructure, Knights of Cathena players can now gain seamless access to $CGO liquidity and yield earnings through AshSwap Liquidity Mining.
On the other hand, AshSwap’s veToken model empowers $veASH holders with greater control over the protocol’s metrics. This not only enhances the decentralization of AshSwap but also benefits partnered projects like Knights of Cathena in their liquidity bootstrapping strategy, creating a win-win situation for the entire ecosystem.
Recently, we proudly announced the listing of CGO tokens on AshSwap DEX and introduced the new CGO-wEGLD liquidity pool. Users can now easily trade and add liquidity to this single-sided pool, receive LP tokens, and share in the 50% trading fees generated from the pool. Furthermore, LPs have the opportunity to stake CGO-wEGLD LP tokens for yield farming, earning CGO tokens as a reward.
Our collaboration goes beyond single-reward farming. Knights of Cathena is taking a bold step forward by getting added to ASH Farm Controllers through AshSwap Governance, which means ASH emission to the CGO-wEGLD farm. They’ve already released their AshDAO Proposal for veASH votes, accompanied by enticing $1000 bribes to encourage the most SUPPORT votes. If this proposal gains approval, CGO-wEGLD will become AshSwap’s first multi-reward farm, allowing LPs to earn both CGO and ASH simultaneously.
Stake $ASH to get $veASH and cast your votes here: app.ashswap.io/gov/dao/detail/?proposalID=6. “SUPPORT” voters will share a $1,000 bribe in $CGO once the proposal is passed!
In short words As we continue to explore new avenues for growth, innovation, and empowerment, AshSwap remains dedicated to fostering partnerships that drive Web3 adoption, support exciting projects, and create value for our community.
Partnering with Entity and Knights of Cathena, we are paving the way for a brighter and more interconnected Web3 future, where the possibilities are limitless, and the potential is boundless. Join us on this thrilling journey!
About AshSwap AshSwap is the pioneer all-in-one DeFi Layer on MultiversX with a top-notch set of DeFi features, and our DEX Aggregator provides the best rates for MultiversX traders with minimal slippage.
The ASH token has more use cases than just farming rewards. ASH stakers (aka veASH holders) can earn real yields from revenue-sharing and govern the protocol’s metrics by voting for the AshDAO Proposal and Farm Weight to maximize their yields while getting more incentives through Bribe.
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Source: AshSwap / Medium / Discovering the Synergy of AshSwap, Entity, and Knights of Cathena
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