What could the TMS Network (TMSN) presale phase 2 event mean for Zilliqa (ZIL) & 1inch Network (1INCH) in 2023?
After raising over $2 million in a successful phase one of the presale, TMS Network (TMSN) has exceeded expectations. In phase two, this new DEX is set to break down existing barriers in the current decentralized exchange sector. Protocols like Zilliqa (ZIL) and 1inch (1INCH) can benefit from this new participant in the Ethereum ecosystem.
TMS Network (TMSN)
TMS Network (TMSN) is a new decentralized exchange (DEX) built on Ethereum, set to revolutionize the DEX experience. Unlike other DEXs, TMS Network is not limited to purely crypto trades. TMS Network (TMSN) users will be able to trade a variety of asset classes, from FOREX to stocks and CFDs.
The TMS Network (TMSN) token offers robust utility to holders. Ranging from exclusive access to trading tools, such as on-chain data, a complete research hub, and fully customizable trading bots, TMS Network (TMSN) is a DEX built by traders for traders.
TMS Network (TMSN) holders are also granted a share in commission fees generated by the protocol. Leveraging the security characteristics of the Ethereum blockchain, traders on TMS Network (TMSN) enjoy full transparency and remain in control of their assets at all times.
Zilliqa (ZIL) is a high-performance blockchain platform designed to address other blockchain networks’ scalability issues. Using sharding technology, Zilliqa (ZIL) maximizes the number of transactions that can be processed at any given time.
Zilliqa (ZIL) has gained much attention from investors and developers due to the unique approach used to solve the scalability problem. The innovative technology of Zilliqa (ZIL) can potentially transform how we think about blockchain and its applications.
Leveraging its fast transaction speed, Zilliqa (ZIL) has become a hub for blockchain gaming. Backing various projects like WEB3WAR, a first-person shooter similar to Call of Duty, Zilliqa (ZIL) has found its niche.
1inch (1INCH) is a decentralized exchange aggregator connecting multiple exchanges to provide optimal swap prices. As an automated market maker (AMM), 1inch (1INCH) utilizes algorithms to split orders across different exchanges, ensuring users get the best possible rates.
Linked to several interfaces, including MetaMask, 1inch (1INCH) is a core infrastructure in the Ethereum ecosystem. With the addition of TMS Network (TMSN) to the list of Ethereum DEXs, 1inch (1INCH) users will benefit from the competitive fees inherent in the TMS Network (TMSN) DEX.
As crypto becomes more mainstream, offering the best deal on crypto swaps is essential. As part of the Ethereum ecosystem, TMS Network (TMSN) will likely be added to the list of DEXs that 1inch (1INCH) aggregates. Investors may speculate that TMS Network (TMSN) could generate more transactions for the 1inch (1INCH) protocol, ultimately leading to increased revenue.
Protocols like 1inch (1INCH) and Zilliqa (ZIL) need decentralized exchanges to facilitate the swapping of their tokens. A welcome addition to the Ethereum ecosystem, TMS Network (TMSN) brings a new take on the DEX experience. Click here for more information about TMS Network.