Spherium Finance Introduce HyperSwap
Spherium Finance introduce “HyperSwap” a cross-chain AMM solution built on Ethereum and BSC.
HyperSwap users can switch from ETH to BSC with a single click and focuses on providing a user-friendly interface.
HyperSwap resolves front running by introducing the concept of virtual balances. During a high-slippage trade, HyperSwap prevents impermanent loss through gradual settlements, allowing the prices to adjust over a period of 5 minutes. In addition, HyperSwap takes a major portion of profits booked during these volatile periods, therefore returning these profits to the liquidity pool.
Liquidity providers will have access to a larger user base across both the Ethereum network and BSC. HyperSwap offers an intuitive UI for adding and removing liquidity across both chains.
About Spherium Finance
The Spherium Finance platform offers a complete suite of financial services comprising a universal wallet, token swap platform, money markets, and inter-blockchain liquidity transfer. Their platform will function as a global financial service provider, extending fundamental financial services to the unbanked.
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