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Home » Fantom Hosts DeFi platform Mizar’s Tools and Resources

Fantom Hosts DeFi platform Mizar’s Tools and Resources

Kelly Cromley by Kelly Cromley
Feb 14, 2022
in Market News, News
Reading Time: 2 mins read
0

Mizar, a game-changing technology for decentralized trading systems, was utilized to simplify, automate, and pave way for accessibility to trading by everybody. Mizar provides traders with a number of tools and information, and also a smooth dashboard for administering their assets, without the need for memberships.

The platform enables customers to monitor their cryptoassets’ performance and transact across several cryptocurrency exchanges using an easy dashboard. The team is constructing a secure framework that will enable effortlessly automated and efficient transactions across many blockchain networks. This technology enables safe and hurdle free adaptive, algorithmic trading, which is not constrained by a single crypto exchange or blockchain.

This implies that investors may utilize Mizar’s array of trading gears to manage all of their holdings from a single location, while also leveraging automation to boost productivity, profitability, and allow leisure time off charts and screens. There are several decentralized exchanges (DEX) spread over numerous blockchain networks, each with an in-house DEX.

The primary issue traders face while trading DEXs is a scarcity of tools that ease trading and function in tandem with each alternative. Mizar will rectify this! Mizar, in recent times, has announced that we have been awarded funding by the Fantom Foundation to strengthen the Fantom Foundation’s inter-chain transacting capabilities.

Fantom is a decentralized, open-source system for generating decentralized applications and cryptos. The network is permissionless, which means that anybody may create and implement their in-house smart contracts. Mizar will act as a gateway to Fantom’s network, allowing complex transactions and automating strategy execution.

Mizar believes there is significant value in executing smart contracts on the blockchain networks, and will collaborate with Fantom to fully study its possibilities in the future. Our technologies will transform a decentralized realm in which transactions must currently be done on request, enabling traders to take some time off their screens.

Mizar’s technologies will add mechanization to decentralized crypto exchanges, beginning with those on Fantom, therefore improving the precision and simplicity of trading. The venture is on track to transform into a top asset management system for investors inside the Fantom network.

As a result, the solution will supply users with all of the most advanced trading gear requiring them to pay a membership or continuing maintenance charge. Mizar operates on a membership-free approach, which means that consumers will never have to pay any upfront costs. Users are only charged on a volume-based basis or on a performance-oriented basis if they want to replicate trades. This pay-as-you-go model saves consumers funds and time by charging for Mizar just when they utilize it!

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