ZUG, Dec. 10, 2021 — MeowSwap, one of the first decentralized exchanges (DEX) to launch on Cardano’s mainnet and an Occelerator incubator project, will soon make its initial DEX offering (IDO) debut on the OccamRazer decentralized launchpad on Dec. 10.
MeowSwap combines proprietary layer-two scaling technology built natively on Cardano, in conjunction with a seamless front-end that finally allows direct token trading on Cardano.
Having successfully implemented a layer-two delegated order execution system and deployed its beta on a single node, MeowSwap is now preparing to incorporate multiple Cardano nodes and become fully decentralized.
MeowSwap utilizes the Cardano main-chain to store and log deposits and withdrawals in a trustless and secure way while using L2 nodes to execute the computational load of managing exchange operations, liquidity pool management and data-transactions. Through this design, the amount of data required for transaction validation through the Cardano main-chain is minimized, effectively bypassing the block-size limit issue.
The MEOW token will make its debut on OccamRazer, distributed as a Cardano native token, after the launch of their public demo arriving very soon.
Elliot Hill, head of communications at Occam.fi, says:
“We’re very excited to incubate MeowSwap, launch their MEOW token on OccamRazer, and work closely with their team in the near future. We will focus our energies on ensuring the MeowSwap team has a great launch at IDO on the 10th of December. In the future, we will look for synergies where we can implement aspects of MeowSwap’s novel technology in our own products, such as the OccamX DEX. This is the start of a fruitful partnership for the future of the Cardano ecosystem.”
Through MeowSwap, the liquidity era for Cardano native tokens is finally ready to begin, with a public trading interface scheduled for early Q1 2022. Also scheduled for early 2022 is Oracle synchronization, launch of liquidity pools and custom swap ranges and enhanced wallet support.
Follow MeowSwap’s social media channels to stay up to date with the latest news:
- Telegram Official Community — https://t.me/MeowSwapCommunity
- Telegram Announcements — https://t.me/meowswap_announcements
- Website — https://meowswap.fi
- Twitter — https://twitter.com/Meow_Swap
Follow Occam.fi’s social media channels to stay up to date with the latest news:
- Telegram Official Community — https://t.me/occamfi_com
- Telegram Announcements — https://t.me/occamfi
- Medium — https://medium.com/occam-finance
- Twitter — https://twitter.com/OccamFi
- OccamX Twitter - https://twitter.com/OccamDEX
- Reddit — https://www.reddit.com/r/OccamFi
About MeowSwap
MeowSwap combines proprietary layer-two scaling technology built natively on Cardano, in conjunction with a seamless front-end that finally allows direct token trading on Cardano. Having successfully implemented a layer-two delegated order execution system and deployed its beta on a single node, MeowSwap is now preparing to incorporate multiple Cardano nodes and become fully decentralized. Learn more at: https://meowswap.fi.
About Occam.fi
The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.occam.fi.