— 123Swap recently announced the integration of its unique decentralized, non-custodial cross-chain architecture into Avalanche (AVAX). This move serves to not only lay the foundation for a close partnership between the two platforms in the upcoming time but also accelerate the development of truly decentralized cross-chain apps that will shape the future of DeFi.
The innovative, decentralized, non-custodial cross-chain infrastructure of 123Swap is now merged into Avalanche's unrivaled ecosystem of projects and applications in this cooperation. For Avalanche, its ecosystem projects will be able to develop new value and use cases for its consumers by utilizing the power of cross-chain technology. For 123Swap, this collaboration enables it to uphold its mission of providing exchanges with a focus on easiness, transparency, and convenience while reducing the need for an intermediary. In addition, the two industry leaders plan to enhance collaboration in the future to accelerate the development of truly decentralized cross-chain apps that will fuel DeFi's future.
123Swap's collaboration with Avalanche is part of the platform's ongoing project to add 1 to 2 new blockchains per week to its fastest-growing DEFI chain, which is still in the private sale phase. Some prominent platforms that 123Swap is looking to integrate into its ecosystem include Moonriver, Shiden Network, Okex chain, Heco Eco chain, KCC chain, Gate chain, Harmony one, Solana, Cardano, etc.
With a cross-chain architecture that has already supported a wide array of high-profile blockchain projects, including Ethereum (ETH), Binance Smart Chain (BNB), Polygon (MATIC), and now Avalanche (AVAX) blockchains, 123Swap is in a perfect position to revolutionize the future of DeFi and become the most advanced cross-chain solution in the world. To achieve this, 123Swap is committed to putting the basic concept of DeFi back in action, keeping up with the newest developments, and working with the finest and most trustworthy DeFi techniques.
Avalanche (AVAX) is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly, which enables any smart contract-enabled application to outperform its competition by deploying on Avalanche.
123Swap is a decentralized financial ecosystem that enables the seamless swapping of crypto-asset between peers. It provides exchanges with a focus on easiness, transparency, convenience, and income and investment management choices, all without the need for an intermediary. 123Swap's purpose is to empower blockchain technology and increase the use of cryptocurrencies for purchase and payment across the financial industry to establish the next-generation financial ecosystem.
For more information, please visit https://123swap.finance/.
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Release ID: 89061844