WingRiders
WingRiders is a decentralized exchange (DEX) on the Cardano blockchain, offering over 400 native token pairs and a variety of DeFi services including ADA swapping, staking, and yield farming.
Services
WingRiders offers a decentralized exchange (DEX) on the Cardano blockchain that features over 400 listed Cardano native token pairs. The company provides various DeFi services including ADA swapping, staking, liquidity pools, and yield farming. WingRiders also offers multiple yield reward opportunities for liquidity providers, such as ADA auto-staking rewards, trading fees, and double yield farm rewards. The platform also introduced the first StableSwap pools on Cardano to minimize slippage and price impact for stablecoin transactions.
Products
WingRiders has introduced a range of products designed to integrate with the Cardano blockchain. Key products include the introduction of the first stablecoins USDC and USDT to Cardano, along with DJED and iUSD. Another notable product is the ADA auto-staking feature and stake pool voting for liquidity providers. The platform also boasts compatibility with hardware wallets such as Ledger and Trezor, and supports Android devices via USB-C and Bluetooth.
Integration and Compatibility
WingRiders has made significant strides in ensuring its platform is integrated and compatible with various tools and devices within the Cardano ecosystem. It is the first Cardano DEX to provide direct integration with hardware wallets like Ledger and Trezor. The platform also supports Android devices via USB-C and Bluetooth. Additionally, WingRiders has demonstrated its capability to expand use cases by integrating with third-party decentralized applications (Dapps).
Funding
WingRiders secured $4.5 million in seed funding to support its development and expansion. This financial backing serves as a critical foundation for the company's efforts to broaden its offerings and enhance its presence within the decentralized finance (DeFi) sector on the Cardano blockchain.