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- Miso will be helpful for technical as well as non-technical project creators
- Aid marketing of the developer’s tokens
- New turf for Defi developers
Boon for non technical project creators.
MISO-the open-source suite for smart contracts is handy for developers who are launching new projects on the SushiSwap exchange. Launching tokens on any Decentralized Finance platforms envisages a much complex process that many development teams may not be adept at perfecting. The process involves smart contracts, which will start the transactions and create tokens. It is a complex task and will require a technical team to launch a token on the SushiSwap. It is here that MISO is very convenient, especially for non-technical developers, since it offers readymade smart contracts.
Other benefits which users can avail include, access to essential tools for project tokens. Users get the initial token amount, a vault, and farm options to mine tokens. Sushiswap calls the components of the smart package ingredients.
Marketing of the developer’s tokens.
One of the unique features of MISO is the marketing of the developer’s tokens. Thus a new token does not have to sweat it out finding value. MISO offers multiple markets where developers can get the best price for their tokens. Crowdsales and Dutch auctions are already in operation, while there is a third one that combines the two and is called Batch auction.
MISO will be launched on May 17 and can be termed as a new turf for DeFi developers. Problems in creating a new token are taken care of, including research and development to initial offering and pricing the tokens. SushiSwap hopes to attract more developers to its platform.
According to a statement by SushiSwap, MISO will attract finance and trade to the exchange and will be the best location for token creators and communities to launch new tokens. It will be ideal for both technical and non-technical project creators.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
