DeFi is the buzz word in crypto industry and a lot of cryptocurrency projects are making sure that their project incorporates DeFi – Decentralized Finance – of some kind. Komodo developers have decided to rename their decentralized cryptocurrency exchange, Atomic DEX to Atomic DeFi.
What makes Atomic DeFi so special?
Unlike most decentralized exchanges that let you exchange tokens over a single chain, the Atomic DeFi is compatible with assets on multiple chains as it makes use of Atomic swap technology.
Atomic DeFi’s long term vision to make Komodo platform all things DeFi. Stable release of Atomic DEX Pro for desktop and Atomic DEX Mobile will be released by end of this year. You can already download beta versions from Komodoplatform.
Atomic DeFi is going to be a game changer as it supports Bitcoin, Ethereum, ERC20 tokens, Tezos and Cosmos blockchains. This makes it compatible with more than 99 percent coins listed on Coinmarketcap. Recently, Komodo devs adds support for Qtum’s QRC20 tokens to listed on compatible blockchains.
Once the public release is out, anyone will be able to add their favorite token on Komodo’s Atomic DeFi instantly.
He is the Associate Editor and lives in New York. He eats charts for breakfast.