Arbswap, with a lot of enthusiasm and pride, takes this opportunity to announce its launching of Nova Accelerator, which will act as a catalyst for the speedy growth of Arbitrum Nova’s ecosystem. This will be achieved by pumping in investments in the case of projects that reflect the inclination and interest to create products on the Arbitrum Nova platform.
Arbswap will also be playing the role of a consultant and a guiding and advisory source. The fact that Arbswap has kept aside a staggering 10 million in carrying out this investment purpose leaves no doubt regarding their confidence and the enormous faith that they possess in the possibilities of taking Arbitrum Nova’s ecosystem to the very heights.
Where Arbswap is concerned, it is an automated market maker (AMM). Further, playing the role of a decentralized exchange (DEX) on Arbitrum will help push up Ethereum’s second-layer protocol. This is going to be within reach and very much achievable by the setting up of indigenous liquidity and, further, handing over to users various beneficial options in DeFi.
On the other hand, Arbitrum Nova is the first Arbitrum Layer-2 scaling system created for providing all relevant solutions. They ensure very low costing in the case of products that require just the thing. Besides being adjustable with EVM, it paves the way for being in a comfortable and easy position to connect with a vast segment of developers who are also agreeable with EVM.
The scope of excess productivity achievement will take place in this encouraging scenario by Arbitrum Nova by offering the prospective and targeted builders the option of creating projects using the developed EVM compatible, safe, and upgradable L2 network. This would indeed be an offer not easy for builders looking to upgrade their work levels, to resist.
Source: https://www.cryptonewsz.com/arbswap-introduces-the-nova-accelerator-to-aid-arbitrums-ecosystem/