Arbswap Launches the Nova Accelerator to Support Arbitrum’s Ecosystem Growth
PRESS RELEASE.
Arbswap, the Arbitrum-native automated market maker decentralized exchange, has seen significant progress over the past months. Following the migration of its contracts to the Arbitrum Nova network, Arbswap has recently launched the Nova Accelerator with support from Old Fashion Research, a multi-strategy blockchain investment fund.
As a decentralized exchange, Arbswap aims to offer maximum security and affordability to users swapping tokens on its DEX. Arbitrum Nova boasts high security and low transaction costs even at high volumes, so Arbswap’s swift decision to migrate to Nova is sure to serve as a significant first mover advantage over other exchanges with “high” transaction costs of the Arbitrum One chain.
Combined with Dasher, the Nova Accelerator has allowed Arbswap to position itself as a powerful force in the Arbitrum universe, offering projects building on Arbitrum Nova a way to finance and launch their products through the Arbswap ecosystem.
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