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Home»Blockchain»IceCreamSwap unveils boosted testnet with Shardeum integration
Blockchain

IceCreamSwap unveils boosted testnet with Shardeum integration

2024-02-01No Comments3 Mins Read
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IceCreamSwap introduces a boosted testnet on the Shardeum network, bringing exciting new features and capabilities to users. This adds Shardeum Testnet and mainnet architecture support to the platform.

Wire🧵
1/8
Shardeum Incentivized Testnet🖥️

IceCreamSwap will expand its features to support the @shardeum Testnet and the entire #mainnet infrastructure.

⬇️ A dive with IceCreamSwap on the Shardeum Testnet/Mainnet pic.twitter.com/lMJQjTkjUt

— IceCreamSwap (@icecream_swap) January 30, 2024

IceCreamSwap Bridge connects EVM chains to Shardeum

The Shardeum-specific AI-powered aggregator makes IceCreamSwap a unique decentralized multi-chain exchange (Dex). This aggregator helps customers find the best trading prices. It streamlines transactions and exchanges by moving smoothly across different liquidity pools.

IceCreamSwap users can trade Shardeum’s native currency, $SHM, with other tokens. IceCreamSwap is aggressively promoting various tokens, allowing developers and dealers to participate in the growing Shardeum ecosystem. The IceCreamSwap V3 feature benefits liquidity providers. This innovative feature allows companies to charge high transaction fees. The participants are happy with the fees, as they are determined based on the degree of liquidity and intensity.

IceCreamSwap also provides a bridge that allows users to easily exchange tokens between Ethereum Virtual Machine (EVM) chains and Shardeum. The bridge supports popular coins such as $USDT, $USDC, $ETH and others using advanced smart contracts. In response to user demand, the platform is adding new tokens, making the ecosystem more adaptable and available.

Staking single tokens is attractive for Shardeum users of IceCreamSwap. Users can deposit one token to get more, providing passive income. LP token farming allows liquidity providers to earn $ICE tokens in addition to liquidity fees.

See also  Arbitrum ecosystem reveals 'Onchain Labs' to support projects at an early stage

IceCreamSwap extends token implementation and LP locking on Shardeum

LaunchPad comes to Shardeum from IceCreamSwap. This LaunchPad platform enables token launches, community building, fundraising, and outreach. Before participating in a LaunchPad token sale, consumers should do their research to make informed decisions.

IceCreamSwap also stakes tokens and locks LP on Shardeum. Users can generate secure tokens for trading using this Shardeum ecosystem extension feature. The LP lock feature allows users to immobilize tokens for a specified period of time, making the platform more flexible and secure.

IceCreamSwap’s Shardeum Incentivized Testnet integration benefits consumers. The AI-powered aggregator increases trading rates, V3 incentivizes liquidity providers, the bridge improves token transfers, staking single tokens provides passive income, the comprehensive LaunchPad facilitates token launches, and the token deployment features allow users to add contribute to the Shardeum ecosystem. This innovation provides consumers with a complete and easy-to-use platform within the Shardeum ecosystem, promoting decentralized finance.



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Boosted IceCreamSwap integration Shardeum testnet unveils
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