Symbiosis Extended Partnership with BlueShift

Published on: 19.10.2022
Symbiosis Extended Partnership with BlueShift

Symbiosis Extended Partnership with BlueShift, a cross-chain decentralised exchange protocol that uses a unique portfolio pool model

Symbiosis Finance is a multichain liquidity protocol that allows you to perform cross-chain swaps with ease. Recently has integrated the Milkomeda network to their protocol which therefore allows users to swap $BLUES tokens from Blueshift. As Symbiosis Extended Partnership with BlueShift.

The Partnership

This allows users to swap any token that is on the Blueshift DEX without using bridges. This also includes any token in the Cardano Native Token portfolio giving exposure to CNTs directly to other chains.

Users can swap and exchanges tokens and provide liquidity quickly and easily with little fuss and minimal steps.

As blockchain technology matures, more and more opportunities for cross-chain interoperability will emerge and give users a more seamless experience.

Blueshift is proud to be partnered with Symbiosis to make these cross-chain swaps possible and movement of liquidity easy for users.

What does BlueShift offers?

For Investors: Branded portfolios that generate yield and rebalance automatically with in 10 times less impermanent loss.

  • Multichain Index
  • Occam Index
  • Top Metaverse Index
  • DeFi Index

Traders: Each token can be swap with any other token in the protocol

  • Lowest price slippage in the industry
  • Zero fee for arbitrage operation

For Token Holders

  • Reward for liquidity providers
  • Staking reward for token holders
  • Decentralized portfolio management

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About BlueShift

Bluesshift is a cross-chain decentralised exchange protocol that uses a unique portfolio pool model instead of the standard paired AMM model that most DEXes use.

This allows for efficient swaps with low slippage using our virtual pair algorithms, simple single asset liquidity provisioning and portfolio management of crypto assets as opposed to traded liquidity pairs.

Blueshift is an EVM based DEX built on the Milkomeda side chain for Cardano and Rollup for Algorand allowing for cross chain interoperability.

Website | Twitter

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About Symbiosis Finance

Symbiosis protocol is a cross-chain AMM DEX with interchain communication protocol. Provides a simple user experience, is fully decentralised, non-custodial, interoperable with EVM and non-EVM chains, and can access limitless liquidity across multiple different chains.

Website | Twitter

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SOURCE: MEDIUM
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