IX.Swap, a pioneering provider of DeFi liquidity funds and automated market maker for tokenized stocks and security tokens, debuts on the Cardano-backed decentralized OccamRazer (ADA / USD) launch pad. So far, this is the only launch pad backed by official Cardano entities. The IX.Swap IDO (Initial Decentralized Offering) is scheduled to go live on September 8, 2021.
Incredible opportunity to obtain passive returns of security tokens.
IX.Swap provides security token holders a unique opportunity to earn passive returns on their holdings by enabling them to become providers of liquidity. This is achieved by collecting the security tokens in a liquidity pool in exchange for a portion of the pool’s fees.
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Alice Chen, General Counsel and Co-founder of IX.Swap, says:
“At IX.Swap, we have a vision to significantly transform the security token landscape. According to leading banking experts, digital and crypto assets have the potential to replace fixed currencies in the next five years, and we strongly believe that security tokens will represent a similar seismic shift in equity markets. We are delighted to be working with OccamRazer, another DeFi innovator and Cardano-backed launch pad, to launch our initial $ IXS decentralized offering.
Swap plans to launch core components on the Cardano blockchain. Its ultimate goal is to become the UniSwap of security tokens. It has a deflationary utility and payment token, the ticker symbol $ IXS, which will increase returns and reward platform users, introduce on-chain governance capabilities, and enable payments with IX.Swap partners.
Elliot Hill, Occam’s chief communications officer. Fi says:
“Through the upcoming IX.Swap IDO, another leader joins the OccamRazer ecosystem. We constantly reiterate our commitment to bringing quality projects to the Cardano ecosystem, and we are excited to work together with IX.Swap as they transform the security token landscape.
Bridging the gap between CeFi and DeFi
IX.Swap claims to be the missing link within the blockchain infrastructure needed to bring the tokenized equity industry and security token to life in Cardano in the wake of Alonzo’s hard fork, which led to the launch of smart contracts. IX.Swap intends to bridge the gap between centralized finance (CeFi) and decentralized finance (DeFi) with the noble goal of becoming the largest liquidity provider for security token exchanges worldwide.
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