BitWell Labs and WateenSwap enter into a strategic partnership to explore multi-chain decentralized asset aggregation and more
Recently, BitWell Labs, the venture capital and innovation incubation arm of BitWell, the world’s leading growth asset trading platform, entered into a strategic partnership with WateenSwap, a decentralized automated market maker on BNB Chain, to collaborate on decentralized asset aggregation, NFTs and more.
The two parties will cooperate in the field of multi-chain asset aggregation. BitWell DEX will work with WateenSwap to promote the development of the on-chain asset aggregation and trading field, provide new dynamic routing functions, and enhance the liquidity of multi-chain asset trading order books by improving function algorithms and building AMM models, etc. BitWell Labs will also promote the platform’s access to WateenSwap’s pledge pool to enrich the usage scenarios and enhance users’ collateral revenue.
BitWell Labs will also provide a full range of services including, but not limited to, investment, trading, market attraction, promotion, etc. The two partners will work together to provide a more convenient trading experience and more interesting NFT products, bring more opportunities for users to participate in NFT at low cost, and jointly build a richer and more harmonious NFT ecological market.
About BitWell Labs
BitWell Labs is the venture capital and innovation incubation arm of BitWell, the world’s leading growth asset trading platform, dedicated to providing more investment, collaboration and incubation opportunities for the world’s top blockchain projects.
BitWell Labs has established a $50 million metaverse-specific fund to support and invest in GameFi and NFT, as well as other metaverse-related projects, to help more quality projects develop in terms of marketing, operations, trading, and more.
WateenSwap is a decentralized exchange (AMM) automated market maker on BNB Chain that helps users to swap BEP-20 tokens.
WateenSwap has staking pools and farming and candy pools where users can pledge LP tokens or WTN tokens for large rewards. wateenSwap has developed its own recommendation system, launchpad, marketplace for NFTs and BNB prediction marketplace that can bring many benefits to users.