As the weeks progress our community at YF Link continues to bring unique features to the DeFi experience. Now YF Link has entered into a strategic collaboration with Wyre to bring DeFi to the next wave of new crypto users!
Wyre is on a mission to lower the barriers to entry for fintech-crypto entrepreneurs and users by offering them compliant ports into a regulated fiat world. As part of this collaboration, YF Link has implemented Wyre's payments technology with LINKSWAP to seamlessly allow non-crypto users to interact with LINKSWAP, our decentralized exchange. Users can now purchase Ethereum (ETH) and Chainlink (LINK) directly on LINKSWAP!
LINKSWAP is an automated market maker (AMM) where users supply liquidity with their chosen assets and other users can then buy or sell against that liquidity. Taking a departure from crypto-specific niches such as Uniswap, LINKSWAP is focused on safety and security, being a fully audited platform with additional safety mechanisms such as RugLock, an innovative feature that prevents removal of large amounts of liquidity.
As an additional step in the space, LINKSWAP is now reaching out to the next generation of individuals who are entering the crypto market and looking for an introduction into DeFi.
Last year decentralized AMMs peaked over centralized competitors - in September, Uniswap’s trade volume was $15.4 billion, nearly $2 billion higher than Coinbase’s in the same month. The rise of decentralized AMMs is accelerating, and most retail customers are left out - with Wyre on LINKSWAP, we seek to enable the next leap in DeFi volume, liquidity, and users.
Go to LINKSWAP and start dipping your toes in the world of DeFi!
Wyre website: https://www.sendwyre.com/