Flano Swap Potentially The First to Lead DeFi on Cardano
Flano Swap is a decentralized application (Dapp) that provides:
- automated market maker (AMM) decentralized exchange (DEX) with yield farming
- project launchpad
- non-fungible token (NFT) marketplace
- maybe more in the future
on the Cardano (ADA) ecosystem. I am sorry to say that Cardano’s development is very slow compared to other decentralized finance (DeFi) ecosystem but that is because Cardano really tries to consider everything that includes regulation and security built using Haskell code, and at the same time scalability and privacy for the individual users. Cardano even started from a peer-reviewed academic research and the team are highly respected researchers and scientist in the academic background which is very unique compared to most projects. Still, Cardano is completely open source and patent-free.
Will History Repeats Itself?
With Alonzo hard fork on September 12, Cardano’s smart contract is finally live on mainnet. If Flano Swap executes this well, it will be the first AMM DEX with yield farming on…
