Paycer is launching a native Swap
The German CeDeFi champion Paycer has launched another feature of its protocol, a native swap functionality.
Everyone can from now on use paycer.finance/swap and trade on Polygon any pairings of the tokens $PCR, $DAI, $USDC, $USDT, $wBTC, $wETH.
This makes it very convenient to trade Paycer’s token $PCR without needing another DEX or CEX.
Powered by 1inch, the swap happens frictionless and with low slippage. Paycer does not charge fees for the swap, 1inch charges 1%.
This launch is just one of many features that will in the end form the completed Paycer.Finance protocol, which already includes vesting, staking, swapping and analytics. A range of investment strategies that utilise DeFi yield assets will be launched next on Paycer.Finance, stay tuned.
About Paycer
Paycer’s goal is to aggregate DeFi investments multi-chain and make them available to users without the need for their own wallet nor the expertise. This should allow anyone to generate a passive income in a world where banks no longer pay interest. Hence the Paycer team is developing a bridge protocol for DeFi and TradFi to combine the best of both worlds and make it available for retail clients #CeDeFi. Apart from the technical matters and the creation of a super easy to use final product. The goal is also to create a regulatory framework that allows the legal operation of a DeFi platform within the EU first and subsequently in other regions.
Currently, a DeFi platform is already available on paycer.finance on which Paycer tokens PCR can be claimed and staked. More features will go live soon. At the moment on Polygon but other blockchains will be integrated in the near future. Paycer is also working on a banking partnership to be able to combine DeFi with a traditional bank account. In addition to the development of the DeFi platform, the development of the final consumer product is also in progress.
Be sure to follow Paycer on social media for all the latest updates on product development. We have further exciting announcements to share very soon.
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