BisoSwap, a decentralized exchange based on the Ordinal protocol, conducted its token sale on the Bitcoin network from May 10th to May 12th. It is reported that BisoSwap has overfunded by 2,423.12% compared to expectations, with 181.734 $BTC raised.
BisoSwap is the first AMM DEX in the BRC-20 ecosystem, which aims to solve the lack of liquidity in BRC-20 by providing liquidity to the BRC-20 ecosystem and enabling real-time trading. It will bring the LP model to the Bitcoin network to reduce the complexity of BRC token trading. Users will be able to add LPs to gain trading liquidity and receive a fee incentive.
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