SecondSvap extends to avalanche to increase lock trade in token

SECONDSVAP announced his expansion ecosystem on Tuesday, the Avalanche Blocchain after the successful launch of Ethereum earlier this year.

Integration is designed to offer a transparent and accessible secondary token market, which are subject to schedules or early lock, Cripto.NEVS may only report. According to the tokenomist report at the beginning of this year, it is estimated that the sector is more than 100 billion dollars in value.

SecondSvap is a decentralized exchange directed to lock and leave digital property.

After launching at Ethereum (El) in February, expansion in the countryside on avalanches (Avaq) Represents domestic smart contracts designed to manage token, secondary trading and price detection directly on the chain.

Adoption of transparency to lock the trading token

Traditionally, trading locked tokens is limited to private, outside the market transaction. Downsion is that it often lacks transparency and carries the risks of settlement.

“Today’s secondary market for locked tokens remains greatly manually, opaque and inefficient,” Kanna Lee said, the founder in another way, said the public. “Secondsvap transforms this model by bringing a locked token trading entirely on the chain, with a Smart Agreement on the execution of the contract, which makes transparent prices, verified transfer of property and real time.”

Projects using the second mainland can be issued, price and trade locked assets without reliance on third party services. Investors can benefit from a platform offered by a bidding mechanism that allows users to propose discounts and select the desired compression periods.

The size lots consist of three, six and 12 months closed, which means better access to the wider investor spectrum, not just institutional participants.

Early users who record their banknotes and bids can potentially access reduced tokens compared to prevalent market prices.

Enlargement supports Avalanche Avalance growth plans

Justin Kim, the head of Asia on the Laboratory, said the launch fits in a broader Avalanche strategy to expand the definitive infrastructure and support for the tokenized property markets.

“Sondswap perfectly aligns with Avalanche’s mission to digitize, democratize and decreases the property and means,” he said.

Extension in the headquarters The following funding for seed financing of 1.2 million dollars LED LED GSR and Animoca venture. The company says it plans to continue construction tools to support life cycle on the token project chain, aimed at reducing instability to unlock events and improve the overall market efficiency.