fauzan alfian-Merlin🔮🧙 retweetledi

#100Swap opens the door to #DeFi for #Bitcoin, just like #Uniswap for #Ethereum.
Before 100Swap, developers could already issue tokens based on several protocols such as #BRC100, #BRC20, #Runes, etc., but users could not efficiently trade assets in a completely decentralized manner based on the AMM algorithm.
100Swap changed this, 100Swap is the first automated market maker (AMM) inscription decentralized exchange on Bitcoin Layer 1, and is implemented based on the BRC-102 protocol, which is an automated liquidity protocol for BRC-100 Assets.
Since now, the BRC-100 protocol shows a different ecosystem from other protocols: DeFi, which is completely decentralized and non-custodial user assets.
On #100Swap users only need 3 steps to complete a decentralized token swap
1. Inscribe swap inscription, with the token to sell and the LP ticker.
2. Transfer the swap inscription to the LP of 100Swap, to buy the other token.
3. Mint the swapped token to wallet.
BRC-100 is an asset issuance protocol and decentralized application protocol based on #Ordinals. Any assets issued based on BRC-100 can be used in the applications (like 100Swap) developed based on BRC-100 protocol stack.
Thanks for your great work @100Swap_io, 100swap.io
100Swap - AMM DEX on BRC-100 & BRC2.0 & RSM@100Swap_io
#100Swap has been launched on #Bitcoin Mainnet, 100swap.io/token?ticker=b… 1⃣1st AMM #Inscription swap on #Bitcoin Layer 1 2⃣Swap any #BRC100 assets based on AMM @MikaelBTC 3⃣Non-custodial user assets 4⃣Decentralized, trustless, censorship-resistant and permissionless $bos #BTCFi
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