AstroSwap and World Mobile join forces to further connect billions of people in Africa and beyond

Press release: A World Mobile Token and AstroSwap partnership is of great significance as the DEX will grant their ever-expanding community access to trade the World Mobile Token on the fastest DEX in the Cardano ecosystem available.

March 11, 2022, Tallinn, Estonia AstroSwap is the latest decentralized exchange (DEX) built on purpose to make the Cardano ecosystem tradable. The DEX is powered by Wagyuswap and was incubated by Bluezilla.vc.

The AstroSwap team has bridged and lists native Cardano tokens through the Swapz Bridge – another of AstroSwap’s partners. In addition, several liquidity farms and several staking pools have been made available to traders. The AstroSwap team continues to push to make the Cardano ecosystem exchangeable with much higher speeds and lower transaction costs.

Astronaut Yuri declared:

“It is truly mind-blowing to see so many Cardano tokens being traded on the exchange. Our gateway and the speed of order execution are real innovations. We are excited to add the World Mobile Token to the long list of Cardano tokens listed on AstroSwap”

the Global mobile token (WMT) is the ultimate utility token behind the World Mobile network which brings tremendous innovation through the sharing economy and blockchain technology and aims to connect the unconnected.

The network will begin its rollout in East Africa and will include developing communities across the African continent. World Mobile is the first telecommunications network run by the people for the people. World Mobile Token is a native asset of the Cardano blockchain, and its primary role is to power the sharing economy and reward all users of the World Mobile network. All transactions generated on the network will be rewarded in WMT for node operators and land node stakers once the mainnet is online.

Network transactions are generated through calls, text messages, streaming, internet browsing or using any other value-added services such as healthcare, insurance, micro-loans and others offered through the service WorldMobile.

Zachary Vann, Token Manager at World Mobile Token declared:

“We are delighted with our partnership with AstroSwap; we believe that their unique layer 2 solution on the Velas blockchain will enable merchants to acquire the World Mobile Token on its DEX operation and stability. Additionally, we believe the integration of MetaMask will allow WMT holders to truly unleash the cross-chain potential of our token, bringing World Mobile Token into multi-chain ecosystems.

The AstroSwap DEX is designed for the Cardano blockchain; however, this is done through a cross-chain Layer 2 solution. The DEX uses the Velas infrastructure, which benefits from EVM (Ethereum Virtual Machine) compatibility. The Velas blockchain has recorded transaction speeds of up to 75,000 TPS, making DEX fast, efficient, and affordable.

Additionally, users can bridge native Cardano tokens between Cardano and Velas via Swapz, a multi-chain bridge (for details, see the bridge tutorials) that bridges EVM and non-EVM tokens by locking in the liquidity of one side and hitting the tokens on the other, thereby adding liquidity to the AstroSwap liquidity pools, earns users astronomical rewards through their LP farming feature.

For more information, please see the relevant links:

AstroSwap

Website: https://www.astroswap.app/
Twitter: https://twitter.com/AstroSwapApp
Telegram: https://t.me/AstroSwapOfficial
Medium: https://medium.com/@astroswap

First week of Astroswap launch: https://medium.com/@astroswap/astroswap-dex-launch-first-week-and-our-perspective-on-cardano-7baa82f2cb12

Global mobile token

Website: https://worldmobiletoken.com/
Twitter: https://twitter.com/WorldMobileTeam
Telegram: https://t.me/WorldMobileTeam

Redeem

Website: https://www.swapz.app/
Twitter: https://twitter.com/swapz_app
Telegram: https://t.me/swapz_app

Media Contacts

E-mail: [email protected]