QuickSwap, an advanced DeFi ecosystem, has recently announced a milestone. As per QuickSwap, it is going live on Soneium mainnet to empower communities, creators, and developers. The platform disclosed the details of this launch on social media.
Soneium Launches QuickSwap on Mainnet to Enrich DeFi Experience
QuickSwap labeled the launch on the mainnet of Soneium as a significant development. It added that up till now the decentralized exchange has integrated with seven chains and this is another opportunity. Soneium operates as an Ethereum L2 blockchain that Sony Block Solutions Labs has built. It reportedly focuses on practical applications, displaying the true Web3 spirit. As a result of this launch, the users can enjoy the finest DeFi experience on Soneium via QuickSwap.
The platform mentioned that Soneium is a next-generation blockchain network that strengthens creativity to facilitate the Web3 consumers. As a part of this collaboration, Soneium will target enhancing Web3 innovation by offering more accessibility among the users. In addition to this, it will also play substantial role in streamlining the onboarding procedure on a worldwide level. Apart from that, Soneium utilizes the OP Stack as well as Superchain that the EVM-compatible and highly scalable Optimism Foundation has developed.
Launch Offers Developer-Friendly, Robust, and Scalable Environment for Cutting-Edge DApps
Soneium will solidify creators, communities, and developers with a developer-friendly and resilient environment, prioritizing scalability. The platform is endeavoring to develop and back cutting-edge dApps targeting several fields, such as DeFi, gaming, entertainment, and so on. In this respect, it focuses on making each application highly scalable, leveraging its cost-efficient transfers and other latest technologies. Additionally, Astar zkEVM will keep offering huge value to the overall Soneium ecosystem. For this purpose, it will continue to deliver improved $ASTR utility, leverage the ecosystem of Soneium, and empower community.
According to QuickSwap, launch on Soneium enables users to directly link Web3 wallets to begin delving into the Soneium DeFi. Through QuickSwap, the consumers can reportedly trade their preferred ERC-20 tokens with comprehensive liquidity on Soneium. Along with that, they can also provide liquidity on the Soneium-based pools for passive earning. Moreover, this development also allows them to gain farming rewards for the LP position on the pools. QuickSwap asserted that this collaboration underscores the start of several new on-chain campaigns, more incentives, and so on.
