Enabling a Gas-less, Zero-fee, Cross Chain Swapping Experience!
Multi-chain is not the future; it is the present, with leading protocols like Uniswap, AAVE, and Instadapp leading from the front in integrating multiple chains into their product offering.
Since our inception, we have always stayed committed to our vision of on-boarding a million users on #WEB3 by building a seamless experience of accessing on-chain liquidity with supporting all the leading chains under one roof.
Single Chain Swapping on the ZeroSwapDEX
ZeroSwap has its flagship product, ZeroSwapDEX; we aggregate liquidity from leading AMMs using the 0x API; built on multi-chains, enabling users to trade on Polygon, Avalanche, BNB, Fantom and Celo Chain + more chains are getting integrated as we write this.
The critical difference between using any DEX and ZeroSwapDEX is that while swapping assets on-chain, we empower users with gasless transactions and zero-fee trades.
After successfully deploying the same chain swapping on leading chains and capturing a volume of $40 million, saving gas worth $50k+ and 25k+ swaps, we can certainly say that what we have built is advantageous for users swapping on-chain.
Expansion from Single-Chain Swaps to Cross-Chain Swapping.
Today we are leaping and moving to cross-chain swaps; as you know, we already offer same-chain swaps with a zero fee and gas-less functionality. We are moving ahead with integrating cross-chain swapping in the ZeroSwapDEX.
Once live, you can swap cross-chain with gas-less transactions and zero protocol fee.
Introduction; Cross-Chain Swapping
It is called cross-chain swapping, when you send one cryptocurrency on a chain and get the desired token on the other chain. For example, you can send $MATIC from the Polygon Chain and receive it on BNB Chain using cross-chain swaps.
More and more Layer-1 and Layer-2 protocols have emerged, solving various scalability and transaction complexity issues in the crypto ecosystem. These protocols, however, created a secluded environment, resulting in interoperability and liquidity fragmentation problems.
To build a multi-chain compatible #WEB3 world in a true sense requires these protocols to interact with each other. Also, the dApps building on various L1 and L2s must have the functionality to access cross-chain liquidity.
Many cross-chain bridging protocols have emerged to solve interoperability and compatibility between these protocols.
Cross Chain Swaps on ZeroSwap
We aim to make the cross-chain integration live in Q4 to simplify the experience of accessing multiple Layer 1 and Layer 2 swaps under one roof: The ZeroSwapDEX.
As with single-chain swaps, ZeroSwap is taking a similar approach to integrating cross-chain swapping, aggregating liquidity from leading cross-chain protocols, enabling swapping from one chain to another, and delivering an elevated user experience in ZeroSwapDEX with our core functionality Zero-Fees and Gasless Transactions.
The first protocol that ZeroSwap will integrate will be announced tomorrow, 28th July. So keep an eye out on our socials to know more!
ZeroSwap provides users a simplified way to swap on multichains with zero gas fees. We pay gas for users when they swap on-chain, using meta-transactions.
We are live on Binance Smart Chain, Polygon, Avalanche, and Fantom and plan to integrate Optimism, CELO, Aurora, and Ethereum Chain soon.