The Gnosis team is thrilled to announce the launch of the Gnosis Protocol, the result of two years of research and development into better ways to trade on Ethereum. Gnosis Protocol is a fully permissionless DEX (decentralized trading protocol) that enables a new mechanism called ring trades to maximize liquidity. Ring trades especially improve liquidity for illiquid or “long tail” tokens such as prediction market outcome tokens, by facilitating trades not normally possible on traditional trading protocols.
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