Stella swap has integrated aUSD into its moonbeam ecosystem.
This comes after a recent collaboration between Acala and Stella swap to further strengthen interoperability through crosschain messaging [ XCM ] within the Polkadot ecosystem.
The integration of aUSD into Stella swap is a coming together of the most prominent Parachains within the ecosystem i.e, Acala and Moonbeam.
What does this integration mean for Stella swap and the Polkadot Ecosystem?
(1) aUSD will be included in Stellaswap core base pool; the core pool of liquidity in a stable AMM defines its base pool, this base pool serves as the foundation of a stable AMM, the other metapools within the stable AMM will be connected and held to the base pool core liquidity.
The Stella swap base pool will allow users to trade stable coins at a very low fee while they earn from providing liquidity to the pool.
(2) aUSD farming:The launch of aUSD farming on Moonbeam will be satisfying the demand by users for a more robust stable coin on the swap.
There is an upcoming aUSD farming programme to be launched on the 10th August 14:00 UTC, the details are as follows:Pair- aUSD- GLMRBridge- Nature XCM transfer: ( Moonbeam’s XCM portal )It Will be a multi reward farming type.
About Stella swap
Stella swap is the leading Moonbeam decentralised exchange that brings to users the option of an integrated gateway into the world of Defi.On Stella swap, users can swap, earn ,yield farm and bridge assets. They can also explore new projects and also engage in NFT trading.
The structure of Stella swap products enables decentralised governance of $STELLA holders.
About Moonbeam
Moonbeam is a platform that provides smart contract execution capabilities for cross-chain connected applications.
It enables unity of functionality from ETH, Polkadot, and a lot more.
Moonbeam is a Parachain on Polkadot. It was onboarded on the 17th of December 2021 onto the relay chain.
Being the most Ethereum blockchain compatible smart contract Parachain in the Polkadot ecosystem, it permits developers to plug in their projects with little to no changes needed in the code.
It also enables these projects to tap into the functionality of the Polkadot ecosystem and its shared security.
