Trava Partners With Dfyn and Router
Trava partners With Dfyn and Router to further strengthen and expand its ecosystem. The integration will be official on 18th July 2022.
Dfyn is a multi-chain AMM DEX currently functional on the Polygon network. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that enables by Router Protocol. Router Protocol is building a suite of cross-chain infra primitives that aims to enable blockchain interoperability between current and emerging Layer 1 and Layer 2 blockchains.
Furthermore, Router Protocol and Dfyn are a true representation of the potential of cross-chain capable dApps. In order to further augment the extent of their interoperable functionalities and grow the capabilities of Trava Finance.
Trava reveals its latest strategic partnership
Trava Finance will integrate Router Widget
Router Widget is a completely customizable white-labeled solution. It also offers any dApp the capability to empower its users with the functionality of conducting cross-chain swaps and transfers without leaving the platform.
Moreover, the Router Widget is abstracted from Router Protocol’s cross-chain bridge. Voyager also offers the same functionalities with added features like adding biases and changing the default networks on the bridge. Additionally, with the Router Widget integration, Trava will now offer a more inclusive Web 3.0 experience for its users.
$TRAVA token is now available on the Router App
Router Protocol’s cross-chain bridge, Voyager, offers the unique functionality of any token to any token swaps and transfers. With this partnership, along with all the existing tokens that are currently available, Router Protocol’s users can now swap/transfer assets from integrated networks with $TRAVA.
Dfyn will integrate Trava token health analytics
In 2021, Trava Finance released an index that changed the way Web 3.0 users evaluate the prominence of any Web 3.0 token. And the index was Token Health. Token Health evaluates the creditworthiness and stability of tokens. Trava is the world-first lending platform that provides this index by collecting and aggregating various types of data from blockchain networks. The health of each token is evaluated as a specific value in the range of [0; 1000].
This health index gives users a comprehensive overview of tokens in the cryptocurrency world. It also helps them mitigate risks by providing key insights required for executing profitable trades. With this partnership, the multi-chain DEX Dfyn will also list the Token Health of all the listed tokens, empowering its users with this peerless index of consolidated knowledge.
This three-pronged partnership is a catalyst for the collective growth of Dfyn, Router Protocol and Trava Finance in the cross-chain ecosystem.
By both aiming at the goals of enabling cross-chain strategy, they find that there is much more cooperation potential that brings mutual benefit for both sides. Especially in the future, when Trava Finance and Router protocol can provide totalized cross-chain lending services, users of both protocols can gain the benefit of lending and borrowing assets easily throughout different blockchains.
Moreover, BRicher, a unique aggregator establishes in June by Trava, expects to be practical in aggregating and giving the best investment strategies for ROUTE and DFYN tokens holders.
ABOUT TRAVA FINANCE
Trava Finance is the world’s first decentralized marketplace for cross-chain lending. While existing approaches provide only one or a few lending pools with their own parameters. These will include such borrow/supply interest rates. Liquidation threshold, Loan-to-Value ratio, or a limited list of exchangeable cryptocurrencies. TRAVA offers a flexible mechanism in which users can create and manage their own lending pools to start a lending business.
ABOUT Router Protocol
Router Protocol uses a pathfinder algorithm. It is to find the most optimal route to move assets from the source chain to the destination chain. They have abstracted it and made it available in the form of an API.
Dfyn is a fully decentralized multi-chain protocol. It also relies on automated market makers (AMMs) instead of order books to enable token swaps. As a result, anyone can use the exchange to swap tokens. Also, earn fees by supplying liquidity to various liquidity pools. On low-gas networks like Polygon, Dfyn eliminates gas fees altogether by integrating meta transactions. Dfyn is currently available on Polygon and Fantom. Dfyn will eventually deploy AMM nodes on multiple layer 1 and layer 2 blockchains, thereby acting as a multi-chain DEX. An ultra-fast gasless AMM optimized for the multi-blockchain universe