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Ify Egede
May 24, 2022

The First Decentralized Exchange Launches on Terra 2.0

Terra 2.0
To get Terra 2.0 off the ground, Phoenix Finance announced on Twitter that they would be the first DEX established. Their Terra-native programmers' team has DeFi experience. They aim to offer DEX experience to Terra 2.0 with everything they've seen and experienced. 

They've decided to use what they've learned to help the network recover. Including the relationships, they built in the past. They will do everything they can to be a shining example of what it means to have DEX ownership.

They're Terran developers that dedicated themselves to the development of DeFi for years. Their members have been working at major software firms. They have produced crypto initiatives since 2020. They have extensive expertise in creating DeFi initiatives that are safe. Also, in the creation of an optimized and user-friendly platform.

The Phoenix Finance Team

The Phoenix Team comprises developers who have worked for Google, TikTok, and Facebook. They're all experienced full-stack engineers. They were early contributors to the Rust computer language network. They have UI/UX designers from big technology firms. No one on the team has any connection to TerraForm Labs. 

They're all in awe of what they've accomplished. Finally, they have the opportunity to make a difference in the world. They have a staff capable of producing a well-optimized DEX. Terra 2.0's developers and users are at the forefront of all they do, and they do it for them.

Plans for Terra 2.0

From the beginning, they want to ensure that their Terra 2.0 network has a smooth DeFi experience. An efficient DEX is a key component of their new chain. Phoenix DEX aims to make a pool with no permissions. They also want to make products and stableswaps that never change. It also has a delta-neutral and transitory loss-free yield strategy. A strategy that can be set and forgotten. They'll assist the network by adopting your suggestions to build our platform.

The First Decentralized Exchange Launches on Terra 2.0
Ify is an experienced and versatile writer and researcher. He has have keen interest in blockchain technology, Bitcoin, cryptocurrencies, fintech and emerging technologies. He has tons of published works both online and in the print media. He has close to a decade of writing experience. When he is not writing, he spends time with his lovely wife and kids.

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