Athos Finance recently announced a partnership with StellaSwap. The collaboration will revolve around the launch of an IDO and DEX. With the development, Athos Finance is directly hinting towards releasing its native token, $ATH.
The collaboration will see both teams working closely to bring their upcoming token to the Moonbeam DeFi ecosystem. The upcoming two months will see the launch of the ATH token via an IDO, establishing a liquidity pool to support $ATH trading.
In addition, it will introduce a farm where users will be rewarded after staking their LP tokens. The partnership is a crucial step to elevating the reach of $ATH within the Polkadot DeFi market. It is also a key step to improving the presence of Athos Finance globally.
As one of the leading DEXs, StellaSwap holds utmost prominence in the Moonbeam DeFi space. Their extensive experience in the crypto and exchanges exposes Athos Finance to one of the largest active user bases and TVL in the industry.
An IDO Launchpad has always been a crucial part of StellaSwap’s roadmap. Thus, the team is excited to become the first project to establish an IDO in the domain. With StellaSwap’s support, Athos Finance will be ready for its token release.
Besides this, StellaSwap stands in a unique position that can capture Polkadot consumers. With Moonbeam’s potency to transfer and connect data to other Relay Chains and Parachains using XCM, Athos will definitely gain multiple benefits.
The team is delighted to work forward with the enthusiastic and knowledgeable StellaSwap team. They are confident that the collaboration will help establish a widespread user base.
Source: https://www.cryptonewsz.com/athos-finance-enters-an-ido-dex-partnership-with-stellaswap/