Hubble Exchange has formed a formal partnership and thus joined hands in a mutually beneficial deal with Yield Yak. This was done with the prime motive and aspiration to create a merger with Yak Swap effectively. The sole purpose is to give traders the golden opportunity of carrying out operations related to swapping amongst the many collaterals present, all contained in the boundaries of their margin accounts and containing the negative hUSD remains.
To better understand the modalities that exist in forming this partnership, it is necessary to have slightly more insight into what Yield Yak entails and its important functionalities. Yield Yak mainly supplies necessary tools that users seriously require of DeFi, which exist on the Avalanche platform.
Yak Swap, on the other hand, happens to be engaged in the task of being a collector of liquidity and an ideal tool for swap, thus being in the comfortable position of effectively offering the most competitively priced swaps that are existing and contained on the Avalanche platform.
The issue does not stop there; there are further offerings from Yak Swap, encompassing liquidity-related facts, and to top it all, absolutely charging nothing as a collector fee. This makes Yak Swap a worthy competitor, and even the competitors seem to look up to it.