Partnership Announcement: Telos x WagyuSwap

Telos Foundation
3 min readMar 14, 2023

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Telos has partnered with WagyuSwap, the first decentralized exchange on the Velas Network and one of the fastest DEX’s in the world! This partnership represents our commitment to enhancing the DeFi ecosystem on Telos by increasing accessibility to decentralized trading for our users. With WagyuSwap’s fast and efficient trading infrastructure, Telos users will be able to enjoy seamless trading experiences, while also having access to liquidity pools, yield farming, and staking pools. This is a major milestone in our effort to expand our DeFi ecosystem.

About WagyuSwap

WagyuSwap is an Automated Market Maker and Decentralized Exchange that operates on the Velas Blockchain. WagyuSwap was the first DEX on Velas and has established itself as one of the fastest DEX’s in the crypto space. All trades on WagyuSwap happen through interactions between their exchange and your own wallet, which means that there is no need for KYC or invasions of privacy. WagyuSwal offers various features such as trading, staking, and farming of tokens. All these features are designed to provide users with a comprehensive DeFi experience.

About Telos

Telos is a high-performance blockchain that provides a secure and decentralized platform for dApps and other blockchain-based projects. With cutting-edge technology that delivers scalability and accessibility, Telos makes it effortless for developers to build and launch innovative projects on its network. Telos provides the ideal technical and economic infrastructure to foster user creativity and simplify blockchain integration, connecting the world’s most imaginative projects worldwide. Telos is the go-to blockchain for high-performance dApps and projects that want to ensure the fastest speeds and rock-solid reliability.

Partnership Highlights

Telos will now be fully integrated into the WagyuSwap platform. This integration will allow Telos users to easily trade, stake, and farm TLOS on WagyuSwap. This is a significant milestone for both Telos and WagyuSwap as we continue to expand our DeFi ecosystem and WagyuSwap begins its expansion outside the Velas Network for the first time. We are excited to see the positive impact this partnership will have on the DeFi landscape.

Conclusion

This partnership between Telos and WagyuSwap is a significant milestone in expanding the Telos DeFi ecosystem. Telos is committed to increasing accessibility to decentralized trading and enhancing the overall DeFi experience for its users. With WagyuSwap’s fast and efficient trading infrastructure and Telos’ high-performance blockchain technology, users can expect seamless trading experiences, as well as access to liquidity pools, yield farming, and staking pools. This integration marks a significant achievement for WagyuSwap as it expands outside the Velas Network for the first time. We are excited to witness the positive impact this partnership will have on the growth and development of the DeFi landscape. Together, Telos and WagyuSwap are paving the way for the future of decentralized trading and the expansion of the DeFi ecosystem.

To learn more about WagyuSwap, visit their website and other socials!

WagyuSwap is an Automated Market Maker and Decentralized Exchange that operates on the Velas Blockchain. WagyuSwap was the first DEX on Velas and has established itself as one of the fastest DEX’s in the crypto space.

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Telos Foundation

Innovation meets gaming at Telos. Your home for secure, scalable & supercharged gaming experiences. Empowering devs, exhilarating gamers. https://www.telos.net