$NGNC Listing Announcement on Soroswap.Finance
Tags: learning
Published: 2024-07-16 15:30:01

We are thrilled to announce that $NGNC, a stablecoin pegged 1:1 to Nigeria's major cryptocurrencies and user base, is now listed on Soroswap.Finance. This milestone marks a significant step forward for our platform, enhancing liquidity opportunities and asset exchange capabilities for our users.

### What is NGNC?

NGNC is a fully reserved stablecoin, securely anchored to the value of the Nigerian Naira. Unlike volatile cryptocurrencies, NGNC offers stability by combining the reliability of the Naira with the speed and security of blockchain technology. It serves as an ideal choice for individuals and businesses seeking a dependable and efficient store of value.

https://www.linkio.world/ngnc


![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/0e0ijf2ii7k169l2iw05.png)
### Benefits of Listing NGNC:

1. **Enhancing DFX Utility**: By listing NGNC on Soroswap.Finance, Nigerian users gain direct access to DFX, facilitating Forex transactions and providing deep liquidity on-chain. This supports global trade and investment in a secure and efficient environment.
2. **LINK's Fiat Ramp Solution**: LINK provides the primary fiat on/off ramp solution in Nigeria's rapidly growing market. This enables Nigerian users to seamlessly access DFX and other digital assets through NGNC.
3. **Legitimizing Foreign Stablecoins**: NGNC establishes legitimacy for foreign stablecoins within the global cryptocurrency ecosystem. As part of DFX, it promotes stable and accessible financial solutions worldwide.

### How to Acquire NGNC?

**Direct Exchange**: Access Soroswap.Finance and engage in direct exchanges using other supported assets on our platform, such as XLM.

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### What You Can Do with NGNC on Soroswap.Finance:

- **Add Liquidity**: Participate in liquidity pools to earn fees proportional to your contribution. LP tokens can be redeemed at any time, providing continuous passive income.
- **Trade and Exchange**: Conduct direct trades between NGNC and other cryptocurrencies to diversify your portfolio and capitalize on market opportunities.
- **Generate Passive Income**: LP tokens automatically earn fees for each transaction in the pool, ensuring a steady flow of passive income.
- **Contribute to the Ecosystem**: By using NGNC on Soroswap.Finance, you support the expansion and adoption of decentralized financial technologies, fostering global financial inclusion.

### Why Soroswap.Finance is the Ideal Choice:

- **Enhanced Liquidity**: Our platform offers robust liquidity and efficient trading opportunities for all users, ensuring a seamless and reliable experience.
- **Security and Transparency**: With a focus on security and integrity in smart contracts, you can trust your NGNC transactions on Soroswap.Finance to be secure and transparent.

Join Soroswap.Finance today and explore the full potential of NGNC in the world of decentralized finance. Transform your financial experience with us!

Visit our website for more details and join the conversation on our social media channels:

- **Github**: [Soroswap](https://github.com/soroswap)
- **Twitter**: [@SoroswapFinance](https://twitter.com/SoroswapFinance)
- **Official Website**: [Soroswap.Finance](https://soroswap.finance/)
- **Documentation**: [Docs](https://docs.soroswap.finance/)
- **PaltaLabs Website**: [PaltaLabs](https://paltalabs.io/)
- **PaltaLabs Twitter**: [@PaltaLabs](https://twitter.com/PaltaLabs)

Together, we are revolutionizing digital economies in Africa and beyond with NGNC on Soroswap.Finance. Join the decentralized finance revolution today!

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