KEY TAKEAWAYS
- QuickSwap has launched its DragonFi ecosystem on the MANTRA Chain, expanding its DeFi infrastructure.
- This deployment features a v4 implementation of Algebra Integral, introducing a modular plugin system.
- The integration enhances trading with features like lightning-fast swaps for $mantraUSD and institutional-quality asset trading.
- Community governance approved the expansion, connecting DeFi liquidity with tokenized real-world asset markets.
QuickSwap has officially deployed its DragonFi ecosystem on the MANTRA Chain, marking a significant expansion of its decentralized finance (DeFi) infrastructure. This deployment brings QuickSwap’s proven DeFi capabilities to MANTRA, a blockchain known for its focus on tokenized real-world assets (RWAs).
Unlike QuickSwap’s implementations on other chains, the version on MANTRA Chain is exclusively a v4 implementation of Algebra Integral. This version introduces a modular plugin system built on the Concentrated Liquidity Automated Market Maker (CLAMM), a well-established DeFi primitive.
Key Features of QuickSwap on MANTRA
The integration of QuickSwap on MANTRA Chain offers several features aimed at enhancing the trading experience. Users can now perform lightning-fast swaps for $mantraUSD, a stablecoin integral to the MANTRA ecosystem. The DragonFi suite, which includes Swap, LP, and farm functionalities, is now operational on MANTRA.
This deployment is powered by the Concentrated Liquidity Automated Market Maker (CLAMM) with Algebra v4, providing institutional-quality asset trading capabilities. This infrastructure is designed to support both traditional cryptocurrency trading and the emerging market of tokenized assets.
Significance of the Deployment
The expansion of QuickSwap to MANTRA Chain was approved through a community governance proposal, highlighting the collaborative nature of the DeFi space. This move connects established DeFi liquidity with the growing RWA markets, offering users access to proven Automated Market Maker (AMM) technology.
QuickSwap plays a crucial role in the liquidity of the mantraUSD stablecoin, with the deepest liquidity pool available on the platform. Users interested in participating can connect their EVM wallets, bridge via Hyperlane, and start swapping at quickswap.exchange.
For more details on this deployment, visit the official announcement here.
Why This Matters: Impact, Industry Trends & Expert Insights
QuickSwap’s deployment of the DragonFi ecosystem on the MANTRA Chain represents a strategic enhancement of DeFi infrastructure, particularly focusing on tokenized real-world assets (RWAs). This integration leverages QuickSwap’s DeFi capabilities to expand MANTRA’s ecosystem.
A recent industry report highlights the rise of RWA tokenization as a key trend in DeFi, marked by increasing institutional adoption and integration with traditional finance. This aligns with QuickSwap’s expansion to MANTRA, which connects DeFi liquidity with the growing RWA markets.
As per insights from experts, the integration of RWAs into DeFi is unlocking new efficiencies and liquidity, moving beyond speculative rewards to anchor DeFi in real economic activity. This supports the impact of QuickSwap’s deployment on MANTRA, facilitating deeper liquidity and innovative financial products.
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