Symbiosis partners with ChainSwap
Symbiosis partners with ChainSwap a cross-chain asset bridge & application hub for smart chains. Symbiosis is a decentralized multi-chain liquidity protocol. It allows users to swap assets between all the blockchains while remaining the sole owners of the funds. ChainSwap has completed the integration of Symbiosis with its Cross-Chain Aggregator.
ChainSwap’s Cross-chain Aggregator platform aims to integrate all user-friendly cross-chain solutions and allows users to enjoy the margin of these projects combined through the unified interface that they provide, thus making the cross-chain experience more convenient and effective.
BRIEF INSIGHT ABOUT CHAINSWAP
ChainSwap aims to create a multi-chain and multi-asset solution for multiple scenarios. For example, currently, there are no proper decentralized solutions for swapping your assets across chains. Binance bridge offers a swap limit of $10,000 per wallet, ChainSwap will have a higher limit. DeFi has evolved from being solely on Ethereum to being on almost every infrastructure and L2 chain. Furthermore, ChainSwap is helping DeFi evolve and scale by making asset swaps seamless.
In addition, ChainSwap will offer seamless asset onboarding meaning anyone can make a token cross chain by following a simple deployment procedure. New tokens can also be made cross-chain from creation.
ChainSwap also aims to offer cross-chain applications by ultimately connecting all chains into one. This solution will provide unique opportunities in the DeFi space while giving DeFi access to a broader audience. Lending, Borrowing, Cross-Chain swaps, and more.
LOOKING DOWN AT THE SYMBIOSIS PLATFORM
Symbiosis is a decentralized multi-chain liquidity protocol. It allows users to swap assets between all the blockchains while remaining the sole owners of the funds.
The Symbiosis protocol meets the following requirements:
- Simple, Uniswap-like user experience — No additional wallets, long waiting time, or extra steps to proceed with a swap.
- Fully decentralized —No central party can stop the Symbiosis protocol or censor users from accessing it.
- Interoperable — It connects every blockchain that gets enough market attention. Its ultimate goal is to bridge all networks together.
- Non-Custodial — No one (including the Symbiosis team) has access to users’ funds.
- Limitless cross-chain liquidity — It targets as many token pairs as possible across all blockchains while providing the best prices for swaps between any arbitrary token pair.
Symbiosis Platform, rely on proven solutions for Uniswap-like and Curve-like models that have been confirmed to be efficient over time. A liquidity pool between two networks is always deploys on one of these networks (usually, on the one with fewer transaction fees).
ABOUT SYMBIOSIS FINANCE
Symbiosis is a decentralized multi-chain liquidity protocol that enables users to perform any crypto token swaps across multiple blockchains with a single click.
ABOUT CHAINSWAP
ChainSwap is a cross-chain asset bridge & application hub for smart chains. ChainSwap allows projects to seamlessly bridge between ETH, as well as BSC, and HECO. In the future, ChainSwap will be integrating chains and providing full cross-chain solutions between BTC, DOT, SOL, and more.
RESOURCES
Medium
