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IOTAbee rises as it offers the most liquid market for SMR and SOON, the community prepares for the launch of ShimmerEVM

  • IOTAbee has proven liquidity for SMR, SOON and SHIMMER tokens to over 3000 in less than a year since launch.
  • IOTA community members are preparing for the launch of ShimmerEVM in the coming months.

IOTAbee has been beneficial to the community since its inception. Swap + DEX Shimmer and Assembly multichain product launched in 2022.

IOTAbee noted on Twitter that it has been providing liquidity for SMR, SOON and SHIMMER tokens since September 2022. More than 3000 customers have benefited from their services.

Since last September we have provided the most liquid market for $SMR, $SOON and #Shimmer tokens to over 3000 customers.

But that was then, that is NOW! #IOTA community, it’s time to prepare for the upcoming ShimmerEVM. Come see us next week. Further information follows. BEE ready! pic.twitter.com/w9YmLwWc6z

— Iotabee (@iotabee) February 10, 2023

The multichain functionality of the IOTA bee is of great importance to the ecosystem. There are already several chains in the IOTA ecosystem and there are other chains outside of the network as well. IOTAbee’s goal since its inception has been to provide seamless trading experiences to the community.

IOTAbee was built with features that lay the foundation for the most remarkable experiences on the network. IOTAbee is license-free for creating liquidity pools. IOTAbee is built on top of IOTA, which is free, scalable, and overall a decentralized network. IOTA lists some other advantages

Member of Tangle Rally creating synergies with TanglePay and other projects, Innovative tools in addition to a swap to get higher LP returns, Iceberg Legends supported as NFT utility to get up to 30% discount on trading fee.

It is also important to note that tokens such as SMR and other pairs can be staked on IOTAbee. The current SMR/IOTA pool APR is a whopping 30%.

ShimmerEVM launch is imminent; Expect an IOTA bull run after EVM goes live

IOTA and Shimmer community members know that ShimmerEVM alpha has been around for quite some time. But the Shimmer EVM Beta, expected to be released in a week, will change the game for IOTA.

The IOTA community is preparing for the upcoming ShimmerEVM. ShimmerEVM coming to life means several things for the IOTA community. A community member expects the value of IOTA to surge strong enough to take it above DOT.

#IOTA Community, now is the time for patience and optimism. We’ve been through a lot. However, once the wheels are in motion I don’t see why we can’t step up and surpass the likes of #DOT. What has it achieved so far?

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2023. The birth of #Shimmer ✨🪴 pic.twitter.com/glVPuwSkIs

— IOTapoet ✨ (@IotaPoet) January 29, 2023

IOTA analysts are currently quite optimistic. Analysts are now signaling a potential buying opportunity in the market for IOTA traders and investors.

https://t.co/E0U33LYxA6#Shimmer EVM Alpha has been around for a while as die-hard #Shimmer and #IOTA fans already know. But do you all know that the #SMR EVM Beta will be here in 1-2 weeks? Let’s go fam!🔥🚀

Pro Tip for “Misfits” Buy #Shimmer Now! It’s going to be a bullish AF🐂

— Pro Crypto (@cryptoPr02022) February 4, 2023

The EVM will bring free less smart contracts to the network. There could be a bull run coming after launch, as one user noted.

IOTA self-custodial wallet TanglePay also shows support for ShimmerEVM. Tanglepay gives its user base access to switch between the different platforms in their wallet.

No spam, no lies, just insights. You can unsubscribe at any time.

TanglePay supports the ShimmerEVM network, starting with the ShimmerEVM testnet. Users can easily switch between IOTA, Shimmer and ShimmerEVM wallet on TanglePay. dAPPs could use TanglePay Chrome version as ShimmerEVM wallet solution. Simple and powerful.

TanglePay announced this in a new tweet.

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