#100Swap opens the door to #DeFi for #Bitcoin, just like #Uniswap for #Ethereum.
Before 100Swap, developers could already issue tokens based on several protocols such as #BRC100, #BRC20, #Runes, etc., but users could not efficiently trade assets in a completely decentralized manner based on the AMM algorithm.
100Swap changed this, 100Swap is the first automated market maker (AMM) inscription decentralized exchange on Bitcoin Layer 1, and is implemented based on the BRC-102 protocol, which is an automated liquidity protocol for BRC-100 Assets.
Since now, the BRC-100 protocol shows a different ecosystem from other protocols: DeFi, which is completely decentralized and non-custodial user assets.
On #100Swap users only need 3 steps to complete a decentralized token swap
1. Inscribe swap inscription, with the token to sell and the LP ticker.
2. Transfer the swap inscription to the LP of 100Swap, to buy the other token.
3. Mint the swapped token to wallet.
BRC-100 is an asset issuance protocol and decentralized application protocol based on #Ordinals. Any assets issued based on BRC-100 can be used in the applications (like 100Swap) developed based on BRC-100 protocol stack.
Thanks for your great work @100Swap_io, https://t.co/SKlQWf701J
Thanks to QuarkDuck @QuarkDuck for providing 10 whitelist spots, we will distribute them to our fans via a lottery, one per person.
How to participate:
1. Follow: @QuarkDuck and @bitatom_io
2. Like and retweet this tweet.
3. Comment with your BTC address starting with bc1p.
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感谢夸克鸭 @QuarkDuck 提供的 10 个白名单,我们将通过抽奖空投给我们的粉丝,每人一张。
参与方式:
1. 关注:@QuarkDuck 和 @bitatom_io。
2. 点赞并转发此条推文。
3. 留言 bc1p 开头的 BTC 地址。
We have upgraded the #inBRC BRC-100 indexer, https://t.co/tgPIVmfXdD
Now users can use #OKXWeb3 Wallet or #Unisat Wallet to inscribe mint/transfer #inscriptions based on the #BRC100 protocol.
#inBRC is the first BRC-100 marketplace and indexer @MikaelBTC
$ins
Inflation, data breaches, and censorship are symptoms of a broken system. 🔗💥
Enter #Web3 - trustless, transparent, & permissionless. It makes economic freedom accessible & financial inclusion possible. ✊✨
#RewriteTheSystem with #OKX https://t.co/nBoScAu1oI
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