Safle multi-chain blockchain infrastructure solution sees its SAFLE asset listed on Polygon-based consumer DEX
Safle, a multi-blockchain solution focused on advancing both the developer and user experience of modern decentralized protocols, shares a crucial update on the progress of its token.
SAFLE token is uploaded to Polygon-based QuickSwap
According to the official announcement shared by the Safle team, its native utility and governance asset, SAFLE, has been listed by QuickSwap, a popular decentralized exchange based on Polygon.
Initially, the token has been added to pairs with U.S. Dollar Tether (USDT), the largest stablecoin, and MATIC, a core native asset of Polygon Network (formerly Matic Network).
With the launch of the token and the QuickSwap list, transactions and SAFLE addresses can now be tracked through Polygon’s explorers (like Polygonscan). Additionally, its performance is now indexed by CoinGecko, one of the leading independent crypto price portals.
Within Safle’s ecosystem, SAFLE token is used as a governance asset for referendums and as a payment instrument for Safle’s services. Also, it can be collateralized in a vault management module.
Safle teases product release after successful private sale and IDO
December 2021 was a pivotal period for Safle. As previously covered by U.Today, on December 9, Safle secured $ 4 million in its private token sale.
MapleBlock, GSR and Ghaf Capital Partners co-led the round, while AU21 Capital, Momentum6, NFT Tech and New Tribe Capital also backed Safle in this fundraising effort.
On December 16, 2021, a first decentralized exchange offer took place on Polkastarter. Completed in 18 minutes, this funding round will allow Safle to provide SafleID, smart contract functionality and SafleVault in the coming months.
