FogSwap Token Surges 350% Hours After Launch

FogSwap introduces support for over 115 blockchains with public and private liquidity pools aimed at accelerating cross-chain swaps.

Summary

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Terms & Concepts
  • Liquidity Pool: A collection of cryptocurrency assets locked in a smart contract (self-executing blockchain code) to facilitate trading and provide liquidity.
  • Cross-Chain Swap: The exchange of tokens between different blockchain networks without involving a centralized intermediary.
  • FogSwap: A decentralized exchange platform enabling token swaps across more than 115 blockchains with options for public and private liquidity pools.