Scroll unveils acquisition of Honeypop

#Scroll has acquired #Honeypop , a decentralized finance protocol designed to provide foundational ecosystem infrastructure. Following the acquisition, Honeypop is being split into two separate protocols: #ScrollSwap, the AMM, which is now live, and #ScrollLend, a #Morpho-powered lending market launching soon.

Scroll is a #Layer2 scaling solution for #Ethereum that aims to enhance transaction speed and reduce costs while maintaining security. It utilizes zk-rollups, a technology that bundles multiple transactions into a single one, allowing for faster processing and lower fees.

👉 x.com/Scroll_ZKP/status/2023395742522450110