iZUMi Launches WoodSwap to Extend DEX-as-a-Service to Rootstock
iZUMi Finance
2024-06-25 13:44
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iZUMi Finance announces the launch of WoodSwap, to bring the Discretized-Liquidity-AMM to Rootstock. Utilizing the advantages of iZUMi’s unique design of Discretized Liquidity AMM, WoodSwap can bring efficient and secure DEX services to the Rootstock ecosystem, providing a more user-friendly on-chain experience for both trading users and liquidity mining users.

DEX-as-a-Service

DEX-as-a-Service is iZUMi’s unique solution to adapt the fast-growing landscape of emerging Layer 2s and new public chains. DEX-as-a-Service combines DL-AMM with Account Abstraction and Multi-sig features, enabling a safer, more accessible DEX service on newly launched high-performance chains with low gas fees.

About Rootstock

Rootstock is the first open source smart contract platform that is powered by the bitcoin network.Rootstock’s full technology stack is built on top of bitcoin: From Rootstock smart contracts to the Rootstock Infrastructure Framework. The stack is designed to create a more fair and inclusive financial system. Rootstock’s goal is to add value and functionality to the bitcoin ecosystem by enabling smart-contracts, near instant payments, and higher-scalability.

About WoodSwap

WoodSwap represents a groundbreaking advancement in decentralized exchange (DEX) platforms, constructed atop Rootstock, a native Layer2 protocol of Bitcoin. By leveraging the robustness of the Bitcoin ecosystem and the interoperability of Rootstock, WoodSwap provides advanced security protocols and superior liquidity, creating a cost-effective, safe, and highly liquid trading environment in the Rootstock ecosystem.

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