Cryptobrowser Brave is working on its own decentralized exchange. The developers of the project announced this on their official website.
According to the published technical map of the project, the browser team is working on a decentralized cryptocurrency exchange aggregator that will add value to Basic Attention Token (BAT) token holders.
Reimagining the Brave Token
The developers believe that through the new project, BAT holders will benefit. For example, they will be able to pay the commission for the services of the exchange at a discount.
Source: coingecko.com
The price of the token in the BAT / USDT pair jumped 22% to $ 0.53 amid the news.
It should be noted that the idea of using a token to pay off commissions is not new. Something similar, for example, has already been implemented by the Binance cryptocurrency exchange using its binance coin (BNB) token.
The unnamed aggregator is expected to receive support from different blockchains. However, even the approximate launch date of the new project is not yet known. In addition to the decentralized exchange, the developers are also modifying the Brave Wallet.
The new version will receive a new design, support for mobile and desktop versions, the Ethereum JavaScript API, as well as individual opportunities for using the decentralized finance (DeFi) and non-fungible token (NFT) market.
Moreover, the developers intend to integrate support for the purchase / sale of cryptocurrencies using bank cards.
Brave has been actively expanding its services after the number of project users exceeded 20 million. However, even such a large indicator was not without curiosities. Brave has been repeatedly accused of dishonest monetization methods.
In particular, the browser redirected requests to cryptocurrency exchanges through hidden referral links, and even created donation funds for influencers without their knowledge.
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