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Representatives of Elk Finance announced a partnership agreement concluded with RadioShack. As part of the cooperation, the organizations will have access to new liquidity pools of the Ethereum network and launch pharming functions. Also, the developers planned to organize a number of joint marketing activities and create new products and services.
The network will launch pharming campaigns in the pair ELK – RADIO based on Polygon and Avalanche. In addition, new trading variables will appear on the decentralized exchanges RadioShack DEX and ElkDEX. Both sites have already begun preparations for the launch of liquidity pools. At the moment, more than 180 thousand tokens have been added to them. and about $ 30 thousand The developers said that they plan to strengthen liquidity during the first 3 months after the start of the program.
In addition, the RADIO token will appear in the listing list of the future cross-chain exchange function, which is in the alpha stage. The new tool is designed to help users send tokens between different blockchain networks, the list of which will be constantly updated.
This will open up the possibility for traders to engage in cross-network arbitrage, making ElkNet the first bridge in the RadioShack network. Among other things, Elk Finance will increase its efficiency as a P2P network for transferring value between different blockchain chains, and its innovative protocol will simplify the exchange of cryptocurrency assets.
Previously edited by Crypto.ru ReportedLast week, from May 16 to 23, 3 cryptocurrencies representing the decentralized finance (DeFi) sector increased in price by more than 50%. The best was the token of the IDEX trading platform. The virtual asset entered the top hundred in terms of market capitalization, and its value reached $ 0.096. The rate rose by 82.96% for the week.
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