According to official news from Odaily, the Bitcoin ecological DeFi project bitSmiley launched the native stablecoin AMM bitCow to enrich the usage scenarios of its native stablecoin bitUSD. bitCow completely eliminates free losses in the transaction process and simplifies the users asset management process through mechanisms such as dual LP tokens. According to the official roadmap, the upcoming V1 version will focus on launching trading functions that support Bitcoin’s native stablecoins; the V2 version will focus on implementing a more advanced automated centralized liquidity AMM solution to improve the fund usage efficiency of Bitcoin’s native assets.