Vacuumlabs, a Slovakian FinTech startup, is launching WingRiders, a software development firm that produces advanced full-stack fintech products for startups, incumbent banks and scale-ups.
In 2018, Vacuumlabs and Cardano teamed up to work on Adalite, the world’s biggest web-based Cardano wallet.
Charles Hoskinson, Co-Founder and CEO of IO Global (IOG) said that he is looking forward to releasing WingRiders on the Cardano mainnet. WingRiders allows users to trade, earn (by supplying liquidity), and fly.
Really looking forward to this DEX on Cardano. There are so many coming online soon https://t.co/q8M9403hIp
— Charles Hoskinson (@IOHK_Charles) January 26, 2022
About WingRiders
WingRiders is a decentralised exchange (DEX) developed on top of Cardano and based on the eUTxO paradigm. VacuumLabs, one of the most well-known developers in the Cardano community, is in charge of the project.
Goal of WindRiders
The goal of WindRiders is to serve as a backbone for the Cardano system with seamless integration into any wallet and Dapp. Many platforms are accessible, supporting connectors and hardware wallets like Ledger and Trezor. The platform will be completely decentralised and anonymous, allowing for Cardano native token exchanges.
The WingRiders team broke the news that many members of the Cardano community had been craving.
🚀🚀🚀🔥Psssst …. Have you heard? We are LIVE on Mainnet🔥🚀🚀🚀
👉👉👉https://t.co/XMInZGYMvh#WingRidersDEX #Cardano #CardanoCommunity #ETH #StableCoins #Tether @Tether_to @coinbase #Coinbase pic.twitter.com/x13FhuySsh
— WingRiders (@wingriderscom) April 12, 2022
WingRiders introduced two ERC-20 stablecoins to Cardano with this release: $USDC and $USDT. WingRiders is now the second-best ranking DEX on Cardano, according to statistics from DeFi Llama, with a TVL of $56.76 million, just one week later.
