CORE
by BSC News
March 14, 2023
For its second IFO event on Core Chain, ShadowSwap DEX is hosting the sale of Yieldz Protocol’s YZ token.
The ShadowSwap Decentralized Exchange (DEX) is holding an Initial Farming Offering (IFO) for Yielz Protocol, its second IFO on Core Chain.
ShadowSwap held its first IFO for decentralized naming service Crest Protocol earlier in March, as BSC News previously reported.
Yieldz Protocol is a Decentralized Finance (DeFi) ecosystem and stablecoin and Ethereum farming platform on Arbitrum and Core Chain. The IFO event gives ShadowSwap users the opportunity to buy YZ tokens on Core Chain before the public launch.
The IFO event is open to everyone. There is no minimum buy amount but the maximum is 200 $SHDW (about $940).
Up for grabs are 4.5 million $YZ with a total fundraising goal of $499,500.
ShadowSwap is a DEX built on the Core chain, offering decentralized trading, including an NFT AMM marketplace, plus a lending feature in the works.
The protocol utilizes Core’s blockchain capabilities to create an open and safe marketplace for traders, liquidity providers, and developers.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.
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