Yolo Exchange Announces EOSDT And NUT Support
EOSDT and NUT support has now come to Yolo, the decentralized exchange that provides a frictionless token swap experience on the EOS blockchain. It’s designed to be easy enough for anyone to use, regardless of their crypto trading experience.
Yolo operates without the need for any order books or intermediate tokens. This EOS-based exchange runs quickly and efficiently to make use of available liquidity reserves. Furthermore, it’s highly secure — there are no deposits required, and you can trade from your own wallet directly.
Yolo uses the Kyber liquidity protocol, which increases liquidity and usability for EOS-based projects. It will eventually support Ethereum-based projects too, but the attention for now is on EOS.
Now Equilibrium’s core assets, EOSDT and NUT, are fully integrated with the exchange. This means users can generate and exchange their USD-pegged stablecoins or utility currency for whichever other tokens they want. It’s yet another way to collateralize your digital assets and generate stable crypto for uses like hedging risk, trading, online payments, and beyond.