A decentralized Exchange named Bashoswap has been working on making swaps between Cardano (ADA) and other crypto assets on the network easier. Cardano is ranked 3rd when it comes to popularity and is a great alternative to BTC and ETH.
It has been eating up Ethereum’s space in recent times, given its speed and ease of use. BashoSwap, which has been operational since 2011, was founded by blockchain experts with the goal of making DeFi much more accessible to people.
It is a fully DeFi product that was made to benefit the ecosystem of Cardano. It added liquidity to the system and supported other Cardano startups in the long run. At this moment they are focusing their energy on making disruptive decentralized apps that will facilitate on chain staking and other lending protocols.
The team on the project has project managers and experienced developers that have been in the crypto game for a long time. They have a deep understanding of what it takes to have a DeFi project and how to make it grow sustainability.
With the tech side safe and sound and Cardano aggressively growing, it is best that you pay attention to BashoSwap. Cardano has been growing in the last few years and has become popular even in the NFT place.
This means that as time passes Cardano will become better and better and also have a growing user base. With a smaller buying price than Bitcoin and Ethereum, it is easy to gain profits on Cardano as of now. Not only that you can get a lot of volume for not a lot of money.