Cosmos-based Layer1 Blockchain Kujira Launches AMM BOW


Kujira is a Layer1 blockchain built upon Cosmos. It has announced that BOW, its latest product is now live on mainnet. It uses the same XYK algorithm as AMMs such as Uniswap to place orders. These orders are hit as market buys and sellers come in. This liquidity is then put to work creating a favorable environment for traders by narrowing price spreads and ensuring that order books can handle large volumes. Staking LP tokens can earn users additional rewards. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comHaroldCoincu NewsTags: AMMBOWFINKUJIKujira


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