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
17 Hours Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
1 Day Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
1 Day Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
4 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC

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