Mizar Launches Arbitrum Native Token MZR on Camelot DEX

cryptonews.com:

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

London, UK, 23rd March, 2023, Chainwire

Mizar, a platform with more than 10,000 users that aims to bring advanced and automated trading to the blockchain, is proud to announce the launch of its native token, MZR, on Camelot DEX, a fully decentralized exchange (DEX) built on Arbitrum.

The emergence of Arbitrum and the launch of the $ARB token, along with its recent airdrop, have caused a buzz in the ecosystem, leading to a surge in popularity for DEXs like GMX. The Mizar team anticipates substantial growth in decentralized trading on Arbitrum over the next few years and is dedicated to being one of the first to provide automated trading tools for current and future Abitrum traders.

The scalability of Arbitrum, along with its faster transaction processing and lower fees, make it a top technology choice for users engaged in active trading and portfolio management. Mizar believes that these features make Arbitrum a perfect product for traders who prioritize efficiency, self-custody, and asset decentralization in their trading activities. As a result, the DeFi trading experience has been significantly enhanced, opening doors for on-chain automated and advanced trading.

Francesco Ciuci, CEO of Mizar, is thrilled to share his excitement about the next steps for Mizar. HeCiuci said, "Our goal is to transform the way individuals participate in DeFi trading. Despite the successful development of sophisticated DEXs like GMX, there still remains a considerable amount of manual effort involved for DeFi traders. Given that most trades in traditional and centralized finance are conducted using