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Mono X launches mainnet on Ethereum and Polygon
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Automated market maker (AMM) MonoX has announced the official launch of its mainnet platform, offering investors a full complement of swap and liquidity capabilities on the Ethereum and Polygon blockchain networks.
With the release of this new service, Mono X is aiming to establish a cost-effective and accessible infrastructure for liquidity providers seeking to propel their projects to the market, and traders interesting in engaging in token swap services.
In the case of traditional decentralized exchanges (DEXes) such as dYdX, it is necessary for projects to provide two tokens to build a liquidity pair, a requirement that increases the capital barrier for entry. With the single-sided liquidity feature, projects only need to stake their
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