According to Foresight News, Oasis has announced a partnership with Thorn Protocol to develop a native Stableswap protocol on Oasis Sapphire. The project, which is set to launch by the end of the second quarter, has received a funding of $30,000.
Stableswaps use the Automated Market Maker (AMM) system, aiming to facilitate the exchange of stablecoins with as little slippage as possible. The protocol will be launched on both the Sapphire testnet and mainnet.
In addition to this, the partnership will also see the development and integration of an abstract wallet for smart trading strategies, referred to as the AI wallet.
