Multi-chain liquidity protocol Symbiosis Finance has partnered with the Boba Network platform. Project representatives told ForkLog about this.
Symbiosis users can exchange any Boba Network protocol tokens on Ethereum and BNB networks. Operations will soon be available on the Avalanche and Polygon blockchains.
Boba Network’s L2 solution powered by Optimistic aggregations reduces gas consumption and increases transaction speed by scaling Ethereum smart contracts.
With Boba Network’s patented Turing hybrid computing technology, developers candapps It is based on complex algorithms including AWS Lambda.
The Symbiosis Finance project allows you to exchange coins between popular L1 networks such as Ethereum, Binance Smart Chain, Polygon, Avalanche. EVM-compatible networks and L2 solutions.
In the future, the developers plan to add new blockchains, including Terra, Near and Solana, as well as increase the number of L2 networks.
Recall that in March Symbiosis Finance announced the release of the beta version of the mainnet.
In February, the project received an undisclosed amount of strategic investment from the venture arm of the Binance bitcoin exchange.
Source: Fork Log
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