Multiswap’s code creates a liquidity pool of several different tokens that can be easily traded with each other – making these trades in a single transaction possible.
“We're seeing corporations who want to participate on-chain in some way,” Coinbase’s Kevin Johnson told CoinDesk TV. “But they need a safe way to do that.”
The 2.5 billion “abandoned” SWEAT tokens, which constitute around 13% of the total supply, were allocated to users at the app's conception last September.