Watermelon Financial, AMM's first mining project on the IOST channel, kicked off today at 8:00 p.m. with the aim of becoming the IOST Channel's Uniswap MakerDAO.

Watermelon Financial, the first AMM liquidity extraction project developed by the IOST node partners and supported by the part of the IOST project, will be announced today at 8:00 p.m., with XUSD, ZS / XUSD, TPT / XUSD, PPT / XUSD , IOST / XUSD, VOST / XUSD liquidity mining pool, XG / XUSD. According to the report, the location of the project is to become the IOST chain's Uniswap MakerDAO. Watermelon Financial adopts dual currency system XUSD is a possible stable currency with 2.5x IOST oversizing and XG is a platform currency with 4 million limit, cloud deflation where 90% is generated. All by extracting cash. The IOST consultants have completed a preliminary review of the mango financial contract, and so far have found no security risk.