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Creditcoin Launches Mainnet for Decentralized Exchange 'Penguinswap'

Doohyun Hwang
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  • Creditcoin announced the launch of the mainnet for the decentralized exchange Penguinswap.
  • Penguinswap offers a cost-effective trading environment by allowing transactions without operational fees.
  • To celebrate the launch of the Penguinswap mainnet, a trading competition with CTC rewards will be held.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Creditcoin (CTC), a multi-chain Layer 1 blockchain network, announced on the 7th that it has officially launched the mainnet for its decentralized exchange (DEX), Penguinswap.

The Penguinswap mainnet offers key features such as △ token swaps △ liquidity provision and pool creation △ earning fee income through liquidity provision. A notable advantage is that users can trade without any operational fees, allowing for more freedom and cost-effective transactions.

Creditcoin stated, "Penguinswap is designed with a focus on security, transparency, and community-centered usability improvements," adding, "Through this, users can engage in swaps and provide liquidity in a transparent and efficient trading environment on Penguinswap."

Meanwhile, to commemorate the launch of the Penguinswap mainnet, Creditcoin is hosting a trading competition with CTC rewards for a month starting February 20. Rewards will be distributed proportionally to users who engage in activities such as swaps and liquidity provision on Penguinswap.

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