The decentralized finance platform BisoSwap announced the raising of 181.734 BTC through an IDO

2023-05-12 21:24:37

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ChainCatcher news, the decentralized finance platform BisoSwap announced on Twitter that it has launched the IDO event for BRC-20 tokens on the BTC network on May 10, with a total fundraising exceeding 2423.12%, and the subscription amount reaching 181.734 BTC.

It is reported that BisoSwap is a swap developed based on the Ordinal protocol, aimed at providing liquidity for the BRC-20 ecosystem. Bisoswap is committed to solving the liquidity shortage in BRC-20 by increasing the liquidity pools for LP trading and achieving real-time transactions. At the same time, to reduce the complexity of trading BRC-20 tokens and make it easier for users to buy, sell, and increase liquidity pools, Bisoswap has made the first attempt to introduce the LP model into the BTC network, making the use of BTC a more diversified asset. (Source link)

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