WazirX DeFi Project Mentioned in Yahoo Finance

By August 20, 2020No Comments

WazirX launched an automated market maker (AMM) protocol and partnering with Matic Network to launch the protocol. Automated market makers are algorithmic agents that make it easier to list and exchange cryptocurrencies without the help of an order book. 

 â€œHigh gas costs [transaction fees] and scalability on Ethereum are definitely concerns that made us choose Matic, which offers high speed,” Nischal Shetty, CEO of WazirX, mentioned over a Telegram chat.

https://finance.yahoo.com/news/binance-owned-wazirx-announces-defi-184807263.html

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