PRESS RELEASE: CROSS and Autofarm Announces Strategic Partnership

Landmark partnership as the first in Cronos to join the Autofarm family via AutoSwap/AutoAmplify

2 min readMar 9, 2022

Official partnership with Auto Ecosystem

Cronos Stable Swap (“CROSS”) is pleased to announce a strategic partnership with Autofarm by integrating CROSS’ unrivalled low-slippage stableswap capabilities into Autofarm’s leading decentralized exchange (“DEX”) aggregation platform AutoSwap on Cronos.

The partnership will feature CROSS as the first project to integrated into AutoSwap via Autofarm’s formal collaborative AutoAmplify Programme, adding yet another trailblazing notch atop CROSS’ IDO as the first project on Cronaswap’s launchpad.

“Our overriding goal has always been to expand our stableswap market share on Cronos chain, whether by users directly accessing our platform, or via any other third party aggregation platforms.
The integration of CROSS into AutoSwap unlocks an additional sales channel boasting over approximately $5M worth of daily swap volume for our signature product, with the majority of stableswap volume serviced by CROSS by virtue of our competitive swap rates”, said Treblemaker, Co-Founder and Chief Strategist at CROSS.

With an increasingly fragmented market in DeFi leading to multiple AMM platforms serving different best-in-class utilities for a variety of tokens, DEX aggregators offers the best of all worlds by routing swaps through the optimal routes across all integrated liquidity pairs and AMM platforms to achieve the best results for users in one single convenient user interface.

“AutoSwap’s prime directive is to ensure optimal rates for our users across our supported chains and platforms. With the addition of CROSS to the AutoSwap umbrella, we are now able to significantly reduce slippage costs for major stablecoins on Cronos”, said Luuk, Business Development Associate at Autofarm.

With this integration, thousands of AutoSwap users on the Cronos chain can now access efficient swap rates between $USDC, $USDT, $DAI, $BUSD, $MAI, without needing to lift a finger.

“We are committed to assist AutoSwap in becoming the best-in-class platform for swaps by maximizing our stablecoin offerings and competitive rates”, Treblemaker added.

The landmark partnership has gone into effect and users can now enjoy swap stablecoins at the best rates via AutoSwap.

The Autofarm ecosystem consists of a suite of industry leading protocols including yield aggregator AutoFarm and DEX aggregator AutoSwap, featuring $190M of TVL across 15 chains and $5M of daily swap volume across 4 chains.

CROSS is the leading stableswap automated market-maker (“AMM”) on the Cronos chain. It is designed for low-slippage trading of stablecoins and other pegged assets.