DeversiFi Announced Partnership With Opera Browser

Published on: 23.02.2022

DeversiFi announced a world–first integration with the Opera browser, powered by Starkware’s scaling technology.

Opera, which has more than 380 million users, became the first browser to launch a built-in crypto wallet in 2018. Now it’s about to break new ground all over again with a wallet specifically adapted for Ethereum swaps on layer 2. With this new non-custodial wallet, millions of Opera users will be able to transact directly with layer 2. This will allow them to benefit from instant, gas-free trading and make swaps 100 times more quick and cheap

Partnership Between DeversiFi Will Work The Following Basis:

  • The Opera wallet utilizes the DeversiFi protocol and is connected to its markets through APIs, with underlying scalability provided by StarkEx, the layer 2 scaling solution built by StarkWare
  • Users will be able to deposit fiat currency directly into their new layer 2 wallets (via Moonpay), or deposit ETH from their layer 1 wallets.
  •  DeversiFi will power the transaction, allowing tokens to be swapped at the best prices instantly via the protocol.

Behind the scenes, StarkEx ensures that the whole process has the same security as any Ethereum transfer, at a tiny fraction of the cost. This means a huge reduction in fees for those Opera users who want to trade crypto. Previously, they would have had to go through the layer 1 blockchain, which can suffer from slow transaction speeds and huge demand.

Building on DeversiFi’s existing DeFi infrastructure has helped Gateway.fm, who led on the wallet integration, and Opera achieve this integration in record time. This is the first major wallet to build an alternative user interface on top of DeversiFi’s layer 2 DeFi protocol

For more complete details regarding this spectacular partnership and to understand further how this two company deliver a seamless service to the people feel free to follow their social channels.

ABOUT DeversiFi
DeversiFi is a layer 2 Ethereum exchange that helps you make the most of Decentralised Finance (DeFi). You can swap, send and invest, all from one easy to use platform, without paying Ethereum network fees.

Website | Twitter | Discord

ABOUT Opera Browser
Opera
is a multi-platform web browser developed by its namesake company Opera. Opera is a Chromium-based browser. It distinguishes itself from other browsers through its user interface and other features.

Website |Twitter | Facebook

RESOURCES
DeversiFi Blog

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