Multi-chain liquidity protocol Symbiosis Finance has entered into a number of new partnerships to expand functionality. This was reported to ForkLog by project representatives.
Integration with Symbiosis Finance cross-chain bridge ChainSwap It will allow users to find the best price with minimal slippage without leaving the platform.
“Senders choose the token, blockchains they want to transfer between them and enter the amount. The whole process happens “behind the scenes” – users do not need to switch between different interfaces, ”says project representatives.
in cooperation with Milkomeda protocol The Symbiosis Finance team has created a bridge between the native stablecoin sUSDC and MilkADA (mADA). This will help clients make any exchange from Ethereum to MaDA and vice versa.
Thanks to the unsupportive Milkomeda EVM Blockchains provide access to various sidechain tools.
“As Milkomeda does not have its own stablecoin, a special pool was created for the initial exchanges. At the same time, all assets will be routed through mADA,” the developers added.
The current partnership with Milkomeda simplifies exchanges between EVM networks and Cardano.
Symbiosis Finance has also implemented integration. cross-chain swap aggregator Rubic On Ethereum, BNB Chain, Polygon, Avalanche and BOBA networks. The partnership will increase the speed and capacity of asset swaps.
Recall that in May Symbiosis Finance integrated a liquidity aggregator from 1-inch decentralized exchanges to facilitate the exchange of assets between EVM compatible networks.
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Source: Fork Log
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