BisoSwap's ongoing IDO on BRC-20 has exceeded total fundraising by 2423.12%, with a subscription amount of 181.734 BTC

According to ChainCatcher, the decentralized financial platform BisoSwap has launched the IDO activity of BRC-20 tokens on the BTC network on May 10. The total fundraising of this IDO exceeded 2423.12%, and the subscription amount reached 181.734 BTC.

BisoSwap is the first Swap developed based on the Ordinal protocol, aiming to provide liquidity for the BRC-20 ecosystem. Bisoswap is committed to solving the problem of insufficient liquidity in BRC-20 by increasing the liquidity pool of LP transactions and realizing real-time transactions. At the same time, in order to reduce the complexity of BRC-20 token transactions and make it easier for users to buy and sell and increase liquidity pools, Bisoswap has tried to introduce the BTC network into the LP model for the first time, making the use of BTC a more diversified asset. (Source link)