OccamX Partnership with Symbiosis

Published on: 11.04.2022

Symbiosis aggregates decentralized exchange liquidity across any EVM or non-EVM network. It enables a user to swap any token and transfer liquidity between any chain — yes, any. One can think of Symbiosis as a chain agnostic router and an AMM DEX for relaying liquidity inter-chain.

After enabling massive cross-chain liquidity for Occam AMM pools through their partnership with Multichain, they are onboarding Symbiosis as the router that will supply the other part of the equation — the order flow. OccamX’s liquidity providers can expect greater rewards through the fees generated by this new trade volume. It is indeed a ‘symbiotic’ partnership with Symbiosis — for Symbiosis, on the other hand, OccamX is an important partner to enable deep ADA and CNT liquidity.

The Symbiosis team consists of some of the most talented DeFi engineers in the space — see their list of backers for an idea of just how strong their connections are, and check their contracts for a more holistic one. One aspect of their partnership will be the merging of their research and development teams to collaborate on building a universal interchain synthetic infrastructure.

Symbiosis

Symbiosis aims at solving two major problems:

Liquidity fragmentation across different blockchain networks
The poor user experience when dealing with the web3 economy.

OccamX

OccamX is an AMM DEX built by a team incubated by Occam.fi. It is among the first DeFi projects deployed over the L2 EVM based platform “Milkomeda C1”. OccamX’s state of the art technology and system’s internal economics are geared towards attracting liquidity away from legacy L1 networks towards Milkomeda and OccamX as its core liquidity engine.