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Home » Technology » IceCreamSwap Unveils Incentivized Testnet with Shardeum Integration
Technology

IceCreamSwap Unveils Incentivized Testnet with Shardeum Integration

Crypto Observer StaffBy Crypto Observer StaffJanuary 31, 2024No Comments3 Mins Read
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IceCreamSwap is introducing an incentivized testnet on the Shardeum network, bringing exciting new features and opportunities for users. This will add Shardeum Testnet and mainnet architectural support to the platform.

Thread🧵
1/8
Shardeum Incentivised Testnet🖥️

IceCreamSwap will expand its features to support the @shardeum Testnet and its full infrastructure on the #mainnet.

⬇️ A Dive with IceCreamSwap on the Shardeum Testnet/Mainnet pic.twitter.com/lMJQjTkjUt

— IceCreamSwap (@icecream_swap) January 30, 2024

IceCreamSwap Bridge Connects EVM Chains to Shardeum

The Shardeum-specific AI-powered aggregator makes IceCreamSwap a unique multichain decentralized exchange (Dex). This aggregator helps clients find the best trade prices. It streamlines trades and exchanges by smoothly moving across various liquidity pools.

IceCreamSwap users can trade Shardeum’s native currency, $SHM, with other tokens. IceCreamSwap aggressively promotes various tokens, allowing developers and dealers to participate in the growing Shardeum ecosystem. The IceCreamSwap V3 feature benefits liquidity providers. This innovative feature lets companies charge high transaction fees. The participants are happy with the fees as they are determined based on the level of liquidity and intensity.

IceCreamSwap also offers a bridge that lets users easily exchange tokens between Ethereum Virtual Machine (EVM) chains and Shardeum. The bridge supports popular coins like $USDT, $USDC, $ETH, and others using sophisticated smart contracts. In response to user demand, the platform adds new tokens, making the ecosystem more adaptable and available.

Single token staking is enticing to IceCreamSwap’s Shardeum users. Users can deposit one token to get more, producing passive income. LP token farming lets liquidity providers earn $ICE tokens in addition to liquidity fees.

IceCreamSwap Expands Token Deployment and LP Locking on Shardeum

LaunchPad is coming to Shardeum from IceCreamSwap. This LaunchPad platform allows token launches, community building, money acquisition, and help. Before participating in any LaunchPad token sale, consumers should do their research to make informed decisions.

IceCreamSwap also deploys tokens and locks LP on Shardeum. Users can generate safe tokens for trading using this Shardeum ecosystem expansion feature. The LP locking feature lets users immobilize tokens for a certain time, making the platform more adaptable and secure.

IceCreamSwap’s Shardeum Incentivized Testnet integration benefits consumers. The AI-driven aggregator boosts trading rates, V3 incentivizes liquidity providers, the bridge improves token transfer, single token staking provides passive income, the expanded LaunchPad facilitates token launches, and token deployment features allow users to contribute to the Shardeum ecosystem. This innovation offers consumers a complete and user-friendly platform within the Shardeum ecosystem, advancing decentralized finance.



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