Rubic.exchange becomes a unique platform for trading and swapping DASH.
Today we are happy to announce the partnership between DASH NEXT and Rubic that aims to create a one-place solution for DASH users. Rubic.exchange will enable users to exchange DASH for their upcoming wrapped versions (and vice-versa), which will be available on Ethereum and Binance Smart Chain networks as ERC20 and BEP20 versions, respectively.
Rubic will become a unique place for users who want to swap their DASH tokens to Wrapped versions and trade them on the same platform using all the popular protocols and create P2P trades. Thanks to this collaboration, as soon as a wrapped Dash will be available users will be able to create trades either through Rubic’s Order Book or Instant Trades for Ethereum and Binance Smart Chain using wrapped DASH and enabling as well cross-chain swaps for all of the DASH tokens.
What does this collaboration mean to Rubic?
The last few months have shown that ERC-20 and BEP-20 tokens are being used by more and more users, therefore greater and more diverse liquidity is needed. Rubic.Exchange as a multichain DeFi ecosystem, which features cross-chain solutions, will provide all of the DASH users the ability not only to swap their DASH to wrapped DASH but also trade them using modern protocols like Uniswap, 1inch and Pancake swap.
On the path of becoming a one-stop DeFi platform, Rubic takes another step further and brings to its users a new Bridge — one that connects even more users. We are very happy to make Rubic a place where DASH users can join the DeFi world, through our platform, by exchanging their coins through this wrapping system, allowing them to enjoy big ecosystems such as Ethereum and Binance Smart Chain. After future implementation of the Layer 2 solutions to the Rubic DASH users will also be able to trade using these solutions too. All this features in one place — rubic.exchange.
The most important purpose of cooperation with Dash is to make transactions of DASH fast and simple for all users. Rubic will support the upcoming stDash and renDash tokens for trading and swapping. One of our goals is to keep implementing other services to create a comprehensive infrastructure of networks where every user can make the swaps they desire.
This collaboration will help to connect DASH and wrapped DASH users and enable them to swap and trade easily using rubic.exchange. And this doesn’t stop here, as now, all the DeFi users who are using either ETH or BSC, can now take advantage of this, either by getting their hands-on wrapped DASH, or simply get the native coin — Dash.
Rubic multichain DEX platform future
Rubic is a DEX project which aims to drive crypto into new levels of adoption. One of the steps to make this happen is to develop an interoperability infrastructure between different blockchains within Rubic’s DeFi ecosystem
The implementation of DASH swaps will offer users another trading opportunity to use their ERC-20 and BEP-20 tokens. With the integration of DASH, Rubic becomes a unique project where you can make DASH swaps not only on Ethereum, but also on Binance Smart Chain, after implementing the wrapped DASH, without the hassle of leaving the platform for another service.
The implementation of the new cross-chain solutions one of the main goals of Rubic.exchange. The main goal of Rubic is to become a unique project that will combine different blockchains in one place. Cooperation with Dash NEXT is a closer step to make it happen.
Dash is digital cash designed to offer financial freedom to everyone. Dash allows millions of individuals across the globe to carry out instantly re-spendable and secure transactions, with near-zero fees. Built to support real-life use cases, Dash is the leading decentralized payment solution: it is accepted at merchants globally, accessible via 1,600+ ATMs and 100+ exchanges worldwide. Dash has pioneered groundbreaking features including a two-tier network with incentivized nodes and decentralized project governance (Masternodes), instantly settled payments (InstantSend), instantly immutable blockchain (ChainLocks) and more. The Dash Network’s development is supported by Dash Core Group, the largest organization funded by the Dash Treasury, which supports and nurtures the continued worldwide development
Rubic is a Multichain DeFi platform that organizes DeFi services to enable a project to create, manage, and trade tokens in a decentralized manner in ONE PLACE. Rubic supports Instant Trades, where users can swap tokens and get the best rates from all leading protocols (thanks to a DEX aggregator implementation), as well as P2P swaps within an Order Book where users can make deals on their own terms.
At the moment Rubic supports trades on Ethereum, Matic, and Binance Smart Chain networks.