IceCreamSwap joins Touchpoint
DEX Aggregator and Launchpad on ShimmerEVM
We are happy to announce that IceCreamSwap is now part of the Touchpoint Open Builders Program! Promising to be a notable development in the decentralized finance arena, IceCreamSwap wants to seamlessly integrate a raft of essential DeFi utilities into a single user-friendly interface that prides itself on its robust security measures. Let’s hear more from the team behind IceCreamSwap.
IceCreamSwap introduces itself
At IceCreamSwap, we want to pioneer the DeFi landscape by unifying essential DeFi utilities into one accessible and user-friendly interface, now amplified by our connection with Touchpoint. Our goal is to eliminate the need to navigate multiple DeFi platforms, ensuring enhanced user convenience and fortified security, and shielding users from potential risks associated with lesser-known projects. You can find a full list of our utilities on our website.
We’re also committed to security. We’re not only audited and KYCed by Certik but also hold an active bug bounty, ensuring optimal security and trustworthiness in our operations and giving users peace of mind as they navigate the DeFi world.
In our pursuit of expansion and innovation, we're broadening our DeFi offerings, such as the DEX, DEX Aggregator, launchpad, and token deployer, initially on ShimmerEVM and later on IOTAEVM. This development will open new avenues for blockchain interoperability, offering our users more choices and flexibility in their DeFi activities, and ensuring seamless cross-chain operations thanks to our product suite.
Both IOTA and Shimmer boast strong development and community support. As a forward-thinking DeFi provider on EVM chains, we found a natural synergy between IOTA, Shimmer, and IceCreamSwap.
The rapid performance of ShimmerEVM and the anticipated swiftness of IOTAEVM enable us to serve more users without being limited by the underlying blockchain. We believe that the future isn’t about one chain dominating all other chains but intuitive and secure interoperable solutions connecting chains so users can easily switch between them to work with the chain best tailored to their individual needs at any given time. Our expansion to IOTA and Shimmer EVMs enables our users to access another amazing chain, fostering a unified DeFi ecosystem that ensures seamless interoperability between chains, including unified UIs and the ability for users to utilize multiple chains without the need to switch between various DeFi providers.
Since our bootstrap in June 2022, we’ve made substantial progress: from building a DEX Aggregator with liquidity farming and staking to the development of a project KYC system, which is now live. It mints a soulbound token (non-transferable NFT) on-chain for KYCed wallets, so all other projects can utilize our KYC feature, both in their dApps and directly in smart contracts. Not only is our KYC feature a requirement to be listed on IceCreamSwap to prevent scam projects, but it also offers endless possibilities. These include increasing trust in project founders, adding KYC requirements for smart contracts and dApps, distributing air drops to guaranteed real and unique users, building trust-based applications such as under collateralized lending protocols, and much more.
Our 10-person team has a background in the finance industry, including algo trading, which involves developing AI trading bots to automatically trade on different kinds of exchanges. After seeing the huge potential DeFi holds for the financial industry, we not only wanted to use it but be part of it and shape its future.
The forthcoming additions of Shimmer and IOTA, along with upgrades like a concentrated liquidity-based DEX (V3), highlight the platform’s forward-looking approach to making DeFi accessible, secure, and universally available.”
Join us in celebrating IceCreamSwap’s integration with Touchpoint, and stay tuned for more developments by following IceCreamSwap on Twitter and Telegram.
About Touchpoint
IceCream Swap joins the Touchpoint Open Builders Program, offering participants a community of like-minded builders, direct access to experts, knowledge, and general support to launch and scale the next generation of decentralized applications and infrastructure on the Shimmer network. You can learn more about how Touchpoint works and how to become a part of it here.
About Shimmer
Shimmer is an L1 innovation network providing the core building blocks for a scalable, modular multi-chain architecture. Similar to the IOTA network, Shimmer is built on a UTXO-based parallelized, directed acyclic graph (DAG), guaranteeing higher scalability than conventional Blockchains. At the same time, Shimmer ensures interoperability and composability of L2 smart contract chains, capable of connecting any type of L2 smart contract chain anchored to it. With its unique tokenization framework, Shimmer will become a multi-asset ledger for feeless minting and transfer of native assets without middlemen or crippling gas fees.
The native token of Shimmer is SMR, which serves as the network’s economic backbone, facilitating value transactions and interactions within the Shimmer ecosystem. Shimmer users use the SMR token to launch new DeFi applications, DEXs, NFTs, DAOs, and other dApps.
Disclaimer
Every project that participates in Touchpoint is given the opportunity to introduce itself in its own words. Statements made by projects are not verified by Touchpoint, Shimmer, or the IOTA Foundation and should not be taken as an endorsement. Individuals are advised to always conduct their own due diligence when engaging with any crypto projects.
