Plutos Network, the leading multi-chain-based DeFi Synthetic Hub, is thrilled to announce that they will be launching NovelSwap, a next-generation DEX, on the Public Mint network. The two companies will also expand collaborations in other upcoming solutions.
Public Mint is an open and complete blockchain platform for fiat money, where funds are fully collateralized and held on deposit with regulated, FDIC-insured institutions. The launch of NovelSwap on Public Mint will be the beginning of the in-depth collaboration between the two companies. In the future, Plutos Network will work with the Public Mint team to integrate the powerful, simple payment system that Public Mint offers.
NovelSwap is already live at Public Mint testnet now, and we have a small group of beta testers that are stress-testing the DAppswap and providing valuable feedback to our developer team. NovelSwap should be launching on the Public Mint mainnet in about a month, at the end of October.
By launching NovelSwap on Public Mint, a fiat-native blockchain, Plutos Network will offer the Public Mint community a way of trading their MINT tokens for their native USD. And in the …