PRESS RELEASE. YFDAI Finance, a prominent decentralized finance (DeFi) project has recently announced the launch of two prominent products as it works towards strengthening its position in the sector. These products include SafeSwap – a DEX (decentralized exchange) platform for the YFDAI Finance ecosystem and Launchpad – a crypto startup advisory and incubation program.
The SafeSwap DEX offers an open, transparent place for crypto projects to list their tokens and make them accessible to the global crypto community. SafeSwap is built on a fork of Uniswap, a tried and tested exchange protocol for trustless swap of ERC20 tokens, and is further reinforced by the creation and implementation of strict project evaluation and listing criteria. Apart from offering a place for swapping and trading popular cryptocurrencies, SafeSwap’s operations are designed to work in tandem with various other YFDAI Finance products and services including the newly launched YFDAI Launchpad.
The YFDAI Launchpad is an incubator program devised to help