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What is StellaSwap (Stella)?

The beginning of 2022 was marked by the launch of a new cryptocurrency. Although the concept of the STELLA token started to develop in the second half of 2021, it was introduced on the market on January,10. StellaSwap was developed as a decentralized exchange with a wider range of functionalities for token holders. It has become one of the first AMM (automated market-making) platforms for the Moonbeam platform.$ When it was released, the minimum price for the token was $2. The highest price of the STELLA coin was recorded on February, 16, in just 4 months of having been traded on the market. The price was fixed as $4.55. The lowest figure of the STELLA token was hit on June, 2. It was selling at a rate of $0.234807. Note that the maximum amount of STELLA to be released on the market can’t exceed 500 mln coins. Token market capitalization is $2,301,272.61. Although the StellaSwap exchange is specially designed for trading STELLA, the token can also be traded on HotBit.

Who are the founders of StellaSwap (Stella)?

Nothing is known about StellaSwap developers on the Internet. The team of crypto creators remains anonymous. They express their belief that the popularity of the coin will increase, but they are not going to introduce themselves to the crypto community.

What makes StellaSwap (Stella) unique?

The structure of StellaSwap is aimed at simplifying the governmental process of decentralized management for coin holders while improving designs further. Users can enjoy a wide range of opportunities within one platform: earn and swap tokens; bridge assets; yield farms; participate in NFT trading; discover new projects. The distinctive feature and the key goal of StellaSwap are to provide token holders with a wider toolkit for managing crypto operations and solving liquidity issues. Unlike most DEXs platforms, the regarded one is aimed at the creation of a broad multi-purpose DeFi space for solving various issues. While STELLA holders enjoy the provided functionalities, developers continue to develop the platform to make it even more convenient and embrace more opportunities.