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Dfyn Exchange is now a Cross-Chain DEX

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Dfyn Exchange is now a Cross-Chain DEX — Announcing Router Widget Integration. Powered by Router Protocol

Dfyn has integrated Router’s widget into its platform. This integration effectively makes Dfyn a cross-chain DEX. You can now use Dfyn as an entry and exit point to and from other chains and trade across multiple chains directly from Dfyn’s UI. After a period of ideation, iteration, and due diligence, Dfyn released the Roadmap for Dfyn v2 on April 26th. And now announcing Dfyn Exchange is now a Cross-Chain DEX.

A key milestone on the roadmap has always been making Dfyn a truly cross-agnostic DEX. Router widget integration makes this possible and opens up accessibility for users outside Polygon and Fantom. Users on Ethereum, BSC, Arbitrum, Fantom, Polygon, Optimism, and Avalanche. And soon the users on Cronos, Harmony, and Aurora, can now instantly and securely execute cross-chain swaps/transfers on Dfyn.

Quick step-by-step tutorial on how to conduct cross-chain swap/transfer using the Router widget on Dfyn

1: Navigate to https://exchange.dfyn.network/#/crosschainswap

2: Select the source and the destination chain.

3: Select fee token.

A unique feature of Router Widget is that it lets users choose which token they would like to use to pay the transaction fees. Current options are USDC, DFYN, ROUTE, and the chain’s native gas token (AVAX on Avalanche, MATIC on Polygon, etc.).

Important notes:

    • Users will receive a 50% discount on fees paid in $ROUTE tokens and a 20% discount on fees paid in $DFYN tokens.
    • Ensure that you have a sufficient amount of the chosen fee token in your wallet to pay for the transaction fees.

4: Select the asset you wish to bridge from any chain.

5: Enter the number of tokens you wish to transfer.

6: Once the pathfinder is done estimating the number of tokens to be received on the destination chain, click on “Swap”.

7: After approving the tokens successfully, you will be asked to confirm the swap. Router Protocol’s swapping engine will now conduct your cross-chain swap.

8: Just to be safe, you should always confirm the status of the transaction from your wallet once you get the acknowledgment that the swap is complete on Dfyn.

About Dfyn

Dfyn is a multi-chain AMM DEX currently functional on the Polygon network and Fantom. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is enabled by Router Protocol.

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About Router Protocol

Router Protocol, an extensible multi-directional bridge that connects current and emerging layer 1 and layer 2 blockchains to allow contract-level data flow across them. This could be a token that is locked on the source chain and redeemed on the target chain or an operation that is initiated on the source chain and executed on the target chain.

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SOURCE

https://dfyn-network.medium.com/dfyn-exchange-is-now-a-cross-chain-dex-announcing-router-widget-integration-1aec841c11e6

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