Tezos-based DeFi Ecosystem Smartlink Launches Second Generation of Vortex with Yield Farms: Details

Tezos

Now Tezos (XTZ) blockchain enthusiasts can ‘farm the farm’ the Sushiswap way

Tezos-centric multi-product ecosystem Smartlink, which includes a peer-to-peer marketplace, launchpad and decentralized escrow, shares a crucial update for its Vortex decentralized cryptocurrency exchange (DEX).

Smartlink launches “yield farming” on Vortex DEX

In its recent official announcement, the Smartlink ecosystem stated that the latest version of its DEX Vortex (Vortex v1.2) supports the “yield farming” functionality.

Namely, the yield farming functions will be activated for the following Tezos-based assets (that belong to both FA1.2 and FA2.0 standards), including SMAK, USDtz, hDAO, ETHtez, tzBTC, Crunch, Plenty, QUIPU, kUSD and Ctez.

The Vortex Yield Farm codebase is audited by leading Tezos (XTZ) development studio, LIGO Lang. Besides products for Tezos’ ecosystem, LIGO Lang devs contributed to programming languages utilized in Tezos’ dApps.

As such, holders of various Tezos-based assets will earn returns on their dormant cryptocurrencies after locking them into Vortex cash pools.

Advancing UX of Tezos-based DeFi

Besides “yield farming” opportunities, Smartlink introduced a number of improvements for performance, user experience and operations of its architecture.

The new iteration of Vortex features an advanced analytics toolkit, including daily winners and losers, daily TVL, top pools, bet stats, and fee allocation.

An easy-to-use ROI calculator will help crypto holders to choose between the most active and profitable pools. As such, Vortex will ensure the unmatched yield farming experience for traders with varying levels of crypto expertise.

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