Dexter, a decentralized exchange built on the Tezos blockchain, has been launched

The smart contract tool development company camlCase announced that Dexter, a decentralized exchange built on the Tezos blockchain, has officially launched. Based on the Tezos blockchain, the tokens tzBTC and the Tezos stablecoin USDtz, which are issued and anchored to Bitcoin, can be traded on Dexter. Tezos expects to add support for the DeFi governance service platform StakerDAO token BLND in the next few months. Dexter is a decentralized exchange similar to Uniswap. Users can use Dexter in two ways, one is as a trader and the other is as a liquidity provider. Traders can use Dexter to trade between XTZ and FA1.2 tokens. Users need to pay 0.3% of the transaction amount. This fee is used to incentivize liquidity providers. By providing equivalent XTZ and FA1.2 tokens to the liquidity pool, anyone can become a liquidity provider. In return, they will receive liquidity pool tokens and record the proportion of fees earned in the pool. Chain News previously reported that camlCase plans to launch Dexter as early as July 2019.