TechFlow news, Bisoswap has announced the launch of its first DEX on the BRC20 protocol using an AMM mechanism. According to Bisoswap, users can add tokens to provide liquidity and earn fee incentives. In the future, node services will be provided for all users, offering lower GAS fees and more convenient trading experiences.
Notably, Bisoswap is the first swap protocol developed based on the Ordinal protocol to provide liquidity for the BRC-20 ecosystem. Dedicated to addressing the issue of insufficient liquidity in BRC20, Bisoswap aims to increase LP trading pools and enable real-time trading. Meanwhile, to reduce the complexity of BRC token transactions and make it easier for users to buy, sell, and add liquidity, Bisoswap is attempting to introduce BTC network assets into the LP model for the first time, enabling more diversified usage of BTC assets.
