Harmonized ($HMZ) is the go-to decentralized exchange and yield aggregator of the Binance Smart Chain (BSC) Blockchain. Similarly to the highly successful and widely utilized 1inch exchange on the Ethereum Blockchain, Harmonized operates by querying, routing and funnelling the users’ funds through multiple decentralized exchanges (DEXs) such as PancakeSwap, ApeSwap, BakerySwap, WagyuSwap and more, in order to obtain the best token trading price by taking advantage of various potential price arbitrage opportunities, whilst providing an intuitive, clean and beautiful easy-to-use interface on PC, tablet and other mobile devices. However, unlike the 1inch exchange on the Ethereum network, where token swaps can frequently cost upwards of $150 in gas fees, Harmonized token swaps cost the user on average $0.20 to execute a single token swap transaction, whilst also routing and incorporating numerous smaller DEXs into the routing equation. Additionally, Harmonized can also route a users’ liquidity through various yield farms and token liquidity pools to retrieve the best interest and annual percentage return (APR) rates, maximizing a user’s financial potential.
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