Blockchain, especially the crypto ecosystem, has led to numerous innovative protocols becoming part of the ecosystem. Thanks to the continuous development by determined programmers and the power house that goes by the name of founders.
BTC garnering attention from scratch has paved the way for many techniques to be implemented, among them cross-chain or multi-chain swaps, which also refer to the bridging of assets from one chain to another with minimum ease.
ZeroSwap introduced itself in 2021 as a decentralized exchange, which provided ecosystem users with the need of the hour and still continues to provide the features that are much needed in a healthy competitor environment and for the overall benefit of the community.
So what’s NEW with ZeroSwap?
With many cross-chain bridges in the arena, there is still more that a protocol can provide from the tedious tasks of understanding the need and switching between platforms for maximum yields.
ZeroSwap introduces a Go-To strategy by implementing a cross-chain bridge for native assets like BTC, ETH, SOL and many more to get kicked off this quarter, which is one form of providing its community with a single platform without the need for alternatives.
Yes, The Hearing is RIGHT.
ZeroSwap is adding a feature that provides connectivity directly towards the ecosystem of Bitcoin, Ethereum and Solana for asset transfers and gets converted to Native Tokens.
So, How Is This? And What Is the Need?
With the recent approval of spot ETF trades on BTC, we saw a momentum gaining towards that asset and more users are inclined towards BTC as per standards. It is moving towards the verge of sovereignty of Crypto. To add composure, our research was able to identify a few aligning concerns of bridging the GOLD standard asset to another chain which is still an underlying issue.
Native swaps on the major players of the ecosystem, its been undoubtedly BTC stands with cross chain TVL standing alone at $8.6B from Ethereum to BTC, which is a humongous amount of value flown from one major to the other major chain. This is indeed very staggering in terms of $ value that has moved since the birth of Crypto and it does not halt here.
ZeroSwap continues to provide very successful and innovative features that the community is much driven to.
Launch details for cross-chain swaps on Native Asset shall be announced later this week.
And, nevertheless, the ZeroSwap team is preparing something big for the ecosystem, which can have a huge impact in the innovation sector.
Stay Tuned to our upcoming articles !!!!!!!