RimauSwap launches Malaysia's first DeFi ecosystem The next | Top DeFi
RimauSwap launches Malaysia's first DeFi ecosystem
The next-generation decentralized cryptocurrency exchange ecosystem RimauSwap (RIMAU) launches on Binance Smart Chain, the popular smart contracts platform from cryptocurrency exchange Binance.
RimauSwap (RIMAU) is a comprehensive ecosystem of decentralized financial products focused on empowering the Malaysian community with the latest DeFi tools. In Bahasa Malaysia, "Rimau" means "tiger," so the very name RimauSwap underscores its special relationship to Malaysians around the world. It will be the first DEX with an interface and documentation in Bahasa Malaysia.
The RimauSwap team announces that its basic feature set will include a decentralized low-latency exchange module based on Binance Smart Chain (BSC), a high-speed automated market maker mechanism (AMM), community-managed liquidity pools, trading environment and revenue pharming.
DeFi follows the idea of rebuilding the infrastructure of financial services and moving it into a fully decentralized structure, removing the need for third parties such as companies and governments. ...