Guess what, folks? SecondSwap just dropped a bombshell – they’re expanding to the Avalanche blockchain ecosystem! And no, this isn’t another “blockchain coming soon” press release. This follows their successful launch on Ethereum earlier this year (because why settle for one chain when you can have two?).
So, why should you care? Well, this genius move is all about giving you – yes, YOU – a transparent and accessible way to trade tokens that are locked up tighter than your grandma’s cookie jar. We’re talking tokens stuck in vesting schedules or locked by early contributors. Crypto.news has the inside scoop on this *exclusive* expansion. Oh, and by the way, the locked token sector? Worth over $100 BILLION. Yep, not a typo. Billion with a “B.” 💰
SecondSwap, for those who haven’t been paying attention, is a decentralized exchange that’s laser-focused on locked and vesting digital assets. It’s like your local farmer’s market, but for crypto tokens that can’t run free just yet.
They’ve been making waves on Ethereum since February (so obviously they’re the cool kids at the blockchain party). Now, they’re bringing their magic to Avalanche with smart contracts built to handle token lockups, secondary trading, and price discovery, all while staying on-chain like a true tech-savvy hero. 🚀
Let’s Talk Transparency – Because Who Doesn’t Want That?
Traditionally, locked token trading has been like trading in the dark, behind closed doors with zero transparency. It’s like trying to buy a used car from a guy in a trench coat, but worse – because it’s crypto, and there’s always a risk you’ll end up with a fake. 😬
“Today’s secondary market for locked tokens remains largely manual, opaque, and inefficient,” says Kanny Lee, Founder of SecondSwap. “SecondSwap is transforming this model by bringing locked token trading fully on-chain, with smart contract execution that delivers transparent pricing, verifiable asset transfer, and real-time settlement.”
Translation: No more shady deals. Projects on SecondSwap can issue, price, and trade locked assets without needing some middleman (like a shady “crypto consultant” who knows less about crypto than your pet goldfish). Investors can even participate in the bidding process and pick their own vesting periods. Because why not make it all about you, right?
And get this: the lockup periods come in 3, 6, and 12 months, meaning *everybody* – from retail investors to institutional giants – can join in on the fun. 🙌
If you’re quick to whitelist your wallet and place a bid, you might just score discounted tokens. Yes, please! 👀
More DeFi, More Avalanche, More Everything
Justin Kim, Head of Asia at Ava Labs (who clearly knows a thing or two about DeFi), couldn’t be more excited about this launch. He says it’s a key piece of Avalanche’s master plan to expand its DeFi infrastructure and support tokenized asset markets. Basically, Avalanche is on a mission to make digital asset ownership as easy as ordering pizza online.
“SecondSwap perfectly aligns with Avalanche’s mission to digitize, democratize, and de-risk asset ownership,” Justin Kim said. Because who doesn’t want a little less risk in their crypto portfolio?
Oh, and did I mention that SecondSwap raised a cool $1.2 million in seed funding from GSR and Animoca Ventures? Yeah, they’re not messing around. They’re planning to build more tools to help keep things running smoothly on-chain. The goal? To cut down on that annoying volatility around token unlock events and make the entire market more efficient. Which, honestly, sounds like something we could all get behind. 👏
Read More
- Gold Rate Forecast
- Tom Cruise Bags Gold: Mission Impossible Star Lands Guinness World Record for Highest Burning Parachute Jumps
- Mobile MOBA Games Ranked 2025 – Options After the MLBB Ban
- Are Billie Eilish and Nat Wolff Dating? Duo Flames Romance Rumors With Sizzling Kiss in Italy
- Tom Hiddleston and Wife Zawe Ashton Announce Second Pregnancy, Know Couple’s Relationship Timeline
- Is Justin Bieber Tired of ‘Transactional Relationship’ with Wife Hailey Bieber? Singer Goes on Another Rant Raising Concerns
- Justin Bieber Tells People to ‘Point at My Flaws’ Going on Another Rant, Raises Alarm With Concerning Behavior
- Resident Evil 9: Requiem Announced: Release Date, Trailer, and New Heroine Revealed
- Summer Game Fest 2025 schedule and streams: all event start times
- Apothecary Diaries Ch.81: Maomao vs Shenmei!
2025-04-29 07:19