🧐 What is Spectrum Finance and why is it important to know about?

Spectrum Finance (formerly known as ErgoDex) is a decentralized exchange (DEX) on top of the Ergo blockchain.

Dive deeper into Spectrum Finance with our new blog post

👉 https:://bit.ly/40ILjUI

With @SpectrumLabs_, people can connect their Ergo wallet to execute swaps with $ERG and other #Ergo native assets - all without the need to divulge KYC information.

One key benefit of this DEX is the increased security it offers compared to centralized exchanges. When using a centralized exchange (CEX), users must trust the exchange to securely hold their funds and execute trades accurately.

With a #DEX however, users have complete control over their funds, as they are stored in their own wallets, and trades take place directly on the #blockchain via open source smart contracts.

#DiscoverErgo