Bitcoin Runes Automated Market Maker: Bitflow and Pontis Revolutionize Crypto Transactions
Bitcoin Runes Introduced
Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have launched the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution. This initiative showcases new applications of Runes, BTC tokens that have been traditionally slow and costly.
Speed and Security Enhanced in Bitcoin DeFi
The recent Stacks Nakamoto upgrade has drastically improved transaction times from 10 minutes to mere seconds, making trades quicker and more efficient. Runes AMM transactions are as secure and irreversible as Bitcoin itself, thanks to the innovative Pontis Bridge, supported by industry leaders.
Key Features of Runes AMM
- Deep liquidity and minimal slippage inspired by Uniswap.
- Direct trading through wallets like Xverse and Leather.
- 5% yield on sBTC deposits.
As demand grows, Bitflow and Pontis plan to incorporate more tokens into the trading platform, providing users with additional options in the evolving space of cryptocurrency.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.