Kusama

Swap

WETH

DeFi

Polkadot

<ul>
 <li>SubWallet, a non-custodial application has integrated two key bridges to serve Polkadot users.</li>
 <li>This new SubWallet bridge features the Kusama – Polkadot and Polkadot – Ethereum.</li>
</ul>
In a significant stride for the Polkadot ecosystem, SubWallet has integrated the Polkadot – Kusama and Polkadot – Ethereum bridges, along with the Asset Conversion pallet, into its platform, ensuring a seamless user experience.&nbsp;
According to the Press release shared with Crypto News Flash, SubWallet Chief Growth Officer, Kate Ha hinted that the bridges and swaps are important updates that expand use cases of the Polkadot ecosystem, and SubWallet is the first to support them on a sleek UI with easy UX.
<h3 id="b-fueling-polkadot-evolving-ecosystem-b">Fueling Polkadot Evolving Ecosystem</h3>
The integration follows the significant launch of long-term developments within the Polkadot ecosystem, most notably the Polkadot – Kusama and Polkadot – Ethereum bridges in the second quarter. Although the bridges have been in development for years, they stand out due to their fully trustless nature. With this feature, they tend to reduce associated risks.
Importantly, users can now securely bridge DOT and KSM between the Polkadot and Kusama Asset Hubs. This also includes several tokens, including WETH and WBTC, between the Polkadot Asset Hub and Ethereum. In addition, the Polkadot Asset Hub has introduced the Asset Conversion pallet, enabling asset swaps within the network.
This is a significant step towards establishing the Polkadot Asset Hub as the focal point for the ecosystem. Although these innovations are groundbreaking, they still require an intuitive interface to be truly accessible to users. The bridging initiative is also not new for Polkadot. <a href="https://www.crypto-news-flash.com/cardano-and-polkadot-to-potentially-link-via-new-bridge/" rel="noopener noreferrer nofollow">Based on earlier reports by Crypto News Flash</a>, the blockchain welcomed a Bridge to the Cardano ecosystem in June.
This is where SubWallet comes in with its user-friendly platform. The wallet is available as a browser extension, mobile app, and web dashboard. The platform has over 800,000 active users and more than 1.6 million downloads.
<h3 id="b-subwallet-and-polkadot-fueling-integrated-functionality-b">SubWallet and Polkadot Fueling Integrated Functionality</h3>
Hieu Dao, Co-founder &amp; CEO of SubWallet maintains that the firm is always proactive in providing support to make the Polkadot ecosystem more user-friendly.
“Polkadot has long been deemed unfriendly to users, and it’s our responsibility as the first touch point to change this belief. Bridging and swapping are crucial components of a flourishing DeFi landscape that Polkadot is heading towards and we want users to have the smoothest and easiest experience with SubWallet,” Dao stated.
SubWallet has integrated the bridging feature directly into its Transfer function and the swapping feature into the Swap tab. It also offers a built-in cross-chain transfer function, simplifying the process for users. Thus, it is now easy for a user to swap DOT for USDT on the Polkadot Asset Hub even if such a user has only DOT on Polkadot.
To achieve this, SubWallet will guide the user to first transfer cross-chain from Polkadot to the Polkadot Asset Hub before executing the swap. This streamlined process extends to liquid staking as well, allowing users to leverage DOT from the Polkadot relay chain within a familiar UI/UX, avoiding the need to navigate third-party applications.
The overall goal is to make Polkadot more usable. One of the unique products introduced lately to achieve this is the PoKe initiative. <a href="https://www.crypto-news-flash.com/polkadots-poke-initiative-aims-to-propel-enterprise-and-government-adoption-of-web3/" rel="noopener noreferrer nofollow">Judging by earlier accounts from Crypto News Flash</a>, PoKe Initiative extends beyond retail users as it seek to onboard government bodies as well.

SubWallet Enhances Polkadot User Experience with Bridge and Swap Integration

Съдържание

Crypto News Flash

Други статии, публикувани на 2.07.2024 г.

Why is Bitcoin going up? Is the BTC market bottom finally behind us?

Announcing the Cronos zkEVM Pioneer Program

Chromia Announces the Launch Date for Their MVP Mainnet

Chainlink Price Shows Bullish Optimism

Bybit Rebrands Narkasa as Bybit Türkiye, Unveiling Upgraded Platform for Turkish Crypto Market

U.S. Government Transfers $240 Million in Seized Bitcoin to Coinbase

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!