.svg)
.svg)
.svg){kind=icon}
.svg){kind=icon}
.svg){kind=icon}
%201.svg){kind=icon}
.svg){kind=icon}
%201.svg){kind=icon}
%20(1)%201.svg){kind=icon}
.svg){kind=icon}
.svg){kind=icon}
%201.svg){kind=icon}
The IcecreamSwap multichain DeFi platform is now available on the Fuse Network blockchain. Fuse users can swap tokens on IcecreamSwap DEX and provide liquidity and bridge assets to and from Fuse Network using the IcecreamSwap bridge.
Despite the current bearish market conditions, the decentralized finance (DeFi) space has continued developing, and the Fuse team has been working to bring promising DeFi projects to the ecosystem. Today, we are announcing the arrival of Fuse of the IcecreamSwap multichain DeFi platform.
A multichain DeFi platform
Having launched initially on the Bitgert chain, the IcecreamSwap team eventually decided to go multichain to bring reliable features and standardized DeFi experience to users on as many major networks as possible.
The platform currently has three main components: a decentralized automated market maker (AMM)-based exchange (DEX), a liquidity provisioning tool, and a multichain bridge.
The IcecreamSwap DEX is an AMM-based swapping platform based on a fork of the proven Uniswap V2 protocol. The standard transaction fee on the DEX is 0.3%, ⅚ of which is allocated to the liquidity providers on the relevant trading pair.
The bridge is an implementation of Chainsafe’s open-source Chainbridge technology that has also been used in many other active bridges, including the Avalanche bridge.
In the future, IcecreamSwap’s roadmap also envisages the addition of a multichain asset launchpad and expanding multiple major EVM-based chains.
The ICE asset is the utility and governance token of the platform. A deflationary mechanism is envisaged to be implemented for ICE to make holding it more attractive.
How Fuse integrates IcecreamSwap
IcecreamSwap has now integrated the Fuse Network blockchain by deploying its DEX, multichain bridge, and liquidity provisioning platform to the network. Users can access those by navigating the app and connecting one of the Fuse-supporting wallets.
The tokens currently available for swapping on Fuse are FUSE, ICE, DOGE (Dogecoin), and SHIB (Shiba Inu).
The IcecreamSwap bridge currently connects Fuse Network to BNB Chain, Bitgert, Dogechain, and DoKEN Superchain. The tokens already deployed on the bridge are ICE, DOGE, and SHIB. Users bridging assets to Fuse Network will receive a small amount of FUSE, enabling them to transact on Fuse Network thanks to IcecreamSwap’s gas dropper.
Follow our social media channels to stay updated on recent news and developments at
