HABL x KLAYswap, How Does It Work?
HABL has participated in KLAYswap to strengthen DeFi starting of May 14th, 2021.
DeFi is a compound word of Decentralize + Finance, which is a decentralized financial system. Because it is not centralized, you can use various financial services without the role of a third-party.
KLAYswap is the AMM (Automated Market Making) protocol of the Klaytn Network created by Ozys, a company specializing in DeFi and cross-chain technology. AMM is a protocol that supports instant swaps between tokens by replacing the existing buy/sell order book with an on-chain liquidity pool created by liquidity providers.