At IceCreamSwap, we want to pioneer the DeFi landscape by unifying essential DeFi utilities into one accessible and user-friendly interface, now amplified by our connection with Touchpoint. Our goal is to eliminate the need to navigate multiple DeFi platforms, ensuring enhanced user convenience and fortified security, and shielding users from potential risks associated with lesser-known projects. You can find a full list of our utilities on our website.
We’re also committed to security. We’re not only audited and KYCed by Certik but also hold an active bug bounty, ensuring optimal security and trustworthiness in our operations and giving users peace of mind as they navigate the DeFi world.
In our pursuit of expansion and innovation, we’re broadening our DeFi offerings, such as the DEX, DEX Aggregator, launchpad, and token deployer, initially on ShimmerEVM and later on IOTA EVM. This development will open new avenues for blockchain interoperability, offering our users more choices and flexibility in their DeFi activities, and ensuring seamless cross-chain operations thanks to our product suite.
Both IOTA and Shimmer boast strong development and community support. As a forward-thinking DeFi provider on EVM chains, we found a natural synergy between IOTA, Shimmer, and IceCreamSwap.
The rapid performance of Shimmer EVM and the anticipated swiftness of IOTA EVM enable us to serve more users without being limited by the underlying blockchain. We believe that the future isn’t about one chain dominating all other chains but intuitive and secure interoperable solutions connecting chains so users can easily switch between them to work with the chain best tailored to their individual needs at any given time. Our expansion to IOTA and Shimmer EVMs enables our users to access another amazing chain, fostering a unified DeFi ecosystem that ensures seamless interoperability between chains, including unified UIs and the ability for users to utilize multiple chains without the need to switch between various DeFi providers.
Since our bootstrap in June 2022, we’ve made substantial progress: from building a DEX Aggregator with liquidity farming and staking to the development of a project KYC system, which is now live. It mints a soulbound token (non-transferable NFT) on-chain for KYCed wallets, so all other projects can utilize our KYC feature, both in their dApps and directly in smart contracts. Not only is our KYC feature a requirement to be listed on IceCreamSwap to prevent scam projects, but it also offers endless possibilities. These include increasing trust in project founders, adding KYC requirements for smart contracts and dApps, distributing air drops to guaranteed real and unique users, building trust-based applications such as under collateralized lending protocols, and much more.
Our 10-person team has a background in the finance industry, including algo trading, which involves developing AI trading bots to automatically trade on different kinds of exchanges. After seeing the huge potential DeFi holds for the financial industry, we not only wanted to use it but be part of it and shape its future.
Read the full article here
