July 26, 2023 - 2 min read
Supra is thrilled to announce its strategic partnership with WispSwap, a novel AMM DEX built on the Sui blockchain. WispSwap’s DeFi solution provides lending, farming, staking, prediction markets, and launchpad services.
The platform leverages the Asymmetric Concentrated Liquidity Market Maker (ACLMM). ACLMM enhances trading by allowing liquidity providers to choose different ranges for two directions of the swap, optimizing liquidity, and ensuring impermanent loss protection and capital efficiency improvements.
Wisp-Prediction is the decentralized prediction market of WispSwap. It allows users to predict crypto prices and real-world events while earning rewards. Through this partnership, Supra and WispSwap aim to empower the DeFi ecosystem with enhanced features and functionality.
The partnership will focus on the following areas:
Joshua D. Tobkin, CEO and Co-founder of Supra, commented:
“This partnership with WispSwap strengthens the DeFi ecosystem. Supra’s cross-chain oracle solutions with WispSwap’s comprehensive DeFi offerings provide users with efficient trading experiences. We look forward to this collaboration’s positive impact on our users.“
Supra combines traditional financial markets with Web3 technology to provide the developer community with a powerful cross-chain oracle solution. The platform enables the integration of real-world data into blockchain networks, ensuring interoperability and reliability for decentralized applications.
With a focus on data integrity, speed, scalability, and resilience, Supra aims to revolutionize the future of finance.
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WispSwap is a novel AMM DEX built on the Sui blockchain, one of the most advanced Layer-1 blockchains. The platform offers lending, farming, staking, prediction markets, and launchpad services, enabling users to participate in decentralized financial activities.
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