Stacks is an asset of a blockchain network designed for the Web 3 network and decentralized assets. The features and advantages of the project are ease of development, the use of a decentralized Gaia data storage network, a configurable not only Proof-of-Work mechanism, but also the reuse of hash power.

STX news today, Stacks crypto latest news of token ticker

Stacks

Telegram

🔄 Release the StableSwap - Arkadiko X ALEX
(source: Arkadiko Medium)

The fine folks at Alex are bringing Arkadiko the technology to create a new type of liquidity mechanism, a StableSwap pool. Such a pool is fundamental to the Arkadiko Protocol as it allows for low fee and low slippage swaps between USDA, Arkadiko’s Stablecoin and xUSD, a wrapped version of USDC custodied by Anchorage and issued by Tokensoft. The two stablecoins already exist on the Stacks blockchain but are not directly linked to each other. Thanks to the StableSwap pool, we’ll soon be able to swap between the two stablecoins.

Read more 👇

Release the StableSwap - Arkadiko X ALEX. (source: Arkadiko Medium).