The Avalanche Stable Coins will now have Liquidity on Moonriver via 1Swap.Fi and RelayChain

Avalanche Stable coins liquidity added on 1Swap (Moonriver).

The Moonriver community now has another method to move their stablecoins to and from the ecosystem. RelayChain has enabled bridging of USDC.e, USDT.e, and DAI.e between Moonriver, Avalanche and Shiden. The initial liquidity for these stable coins will be available on 1Swap.fi.

Launched in September, 1Swap is the first stablecoin-DEX project on Moonriver Network. The 1Swap AMM offers low slippage and just 0.04% swap fees which results in the best swap rates. With all main and popular stablecoins listed already, 1Swap is the premier place for MOVRines to swap their stable assets! 1Swap is also excited to announce the beginning of their audit process with Obelisk.

RelayChain enables fast, secure and low cost cross-chain token transfers between the world’s leading blockchains. The platform offers Bridging as a Service (BaaS) to partner networks and dApps wishing to expand their footprint beyond a single chain. RelayChain currently supports bridges between any combination of Harmony, Moonriver, IoTeX, Ethereum, Polygon, Binance Smart Chain, Fantom, Avalanche, Shiden and HECO. Multiple popular networks will be added in the near future. A unique feature of RelayChain is that once a token exists on our platform, it can be bridged to any other EVM in our list of networks. This can be done in one step without need to return to the parent chain first. This represents a major feature of speed and convenience for all of the users. The RELAY token holds high utility as it will be used to reward stakers with a share of the native gas tokens collected from bridging fees. RelayChain can enable any project’s tokens to be bridged at no cost to the project.

This collaboration will not only enable more DeFi interoperability between multiple chains, but also serve to provide maximum stable coin fungibility within and across ecosystems. DeFi participants wishing to provide liquidity to the 1Swap pools will be able to earn yield in the 1Swap token

More About 1swap.Fi

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About RelayChain

The race to bridge DeFi is over with RelayChain. Almost instantly add cross-chain swaps to any DEX or dApp. Earn bridge fees in ETH, MATIC, DOT, BSC, AVAX, HECO and more. Become a partner with the most interconnected name in DeFi and secure your bridge benefits early.

Our readable whitepaper: Bridging as a Service for DeFi by RelayChain Downloadable whitepaper: Bridging as a Service for DeFi in PDF

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Disclaimer: RelayChain’s enabling of any token to be bridged is not an endorsement of the security of said project. Similarly, RelayChain bridged tokens being available on any decentralized exchange, yield farms, auto-compounders, lending protocols, etc. is not an endorsement of the security of said projects. Always do your own research.



Original post here: The Avalanche Stable Coins will now have Liquidity on Moonriver via 1Swap.Fi and RelayChain

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