avatar

Decentralized Synthetic Asset Trading Platform Kwenta Launches $KWENTA

Kwenta, a decentralized synthetic asset trading platform backed by Synthetix, announced that its token $KWENTA is live. Users can stake liquid and escrow $KWENTA to earn $KWENTA rewards and gain voting power.

Holders of vKWENTA can now exchange these tokens for liquid $KWENTA at 1:1. Holders of veKWENTA need to bridge these tokens to Optimism before exchanging them for escrowed $KWENTA.

Source

DeFi

DEX

Synthetics

Synthetix

Optimism

In This Article

Related News
Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow
Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit
Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit
Synthetix proposes $27 million token swap to acquire options protocol Derive Synthetix proposes $27 million token swap to acquire options protocol Derive
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Latest News More More
1 Day Ago Daily Market Wrap | Aug. 15
2 Days Ago Daily Market Wrap | Aug. 14
3 Days Ago Daily Market Wrap | Aug. 13
4 Days Ago Daily Market Wrap | Aug. 12
5 Days Ago Daily Market Wrap | Aug. 11

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open