OpenOcean

To continue developing and evolving our <a href="https://app.openocean.finance/cross" rel="noopener noreferrer nofollow">cross-chain swap aggregator</a>, <a href="https://openocean.finance/" rel="noopener noreferrer nofollow">OpenOcean</a> is delighted to announce the integration of Stargate as one of our cross-chain swap providers to enable our community to access the best value cross-chain swaps. Stargate will power our cross-chain swap bridge on six supported networks: Ethereum, BNBChain, Polygon, Avalanche, Fantom, Arbitrum and Optimism.Our main aim with cross-chain focuses around providing a more seamless bridge and swap experience. Once authorized, swapping through Stargate on <a href="https://app.openocean.finance/cross" rel="noopener noreferrer nofollow">OpenOcean </a>will enable and support our users’ access to one-click bridge swaps on whitelisted tokens, saving both time and money. With deep liquidity on hand, we’re able to introduce the best-value cross-chain swaps on the market by enabling comparisons between our offerings and letting the user select their desired route to get the best cross-chain swap rates.<img src="https://cdn-images-1.medium.com/max/900/0*YQ3jewQmVZQxTSjB" /><blockquote>“OpenOcean is now integrated with Stargate to create a seamless and secure cross-chain swap user experience. Stargate’s deep liquidity and easy composability has unlocked more opportunities for cross-chain transfers on OpenOcean.” quoted from the Stargate team.</blockquote>Integrating Stargate into <a href="https://app.openocean.finance/cross" rel="noopener noreferrer nofollow">OpenOcean</a> will help users by providing swaps at the lowest possible fees. By implementing Stargate, OpenOcean allows users to swap 1:1 native assets across multiple different chains using secure liquidity pools. A demo trade as shown in figure below, enables users to swap $USDT from BNB Chain directly via Stargate bridge to $USDC on Optimism, a classic example of saving our users’ time and swapping costs.In our cross-chain swap process we can access Stargate’s deep &amp; unified liquidity pools to provide competitive pricing. According to DefilLama’s data, it shows that Stargate’s TVL was ranked one of the largest in the cross-chain space with a total of $480m&#43; in assets.<img src="https://cdn-images-1.medium.com/max/900/0*IYTrKjNzQnOmzb5O" />For our cross-chain swaps we focused on utilizing multiple different types of technology to make sure they are the best they can be. With security, safety and ease of use in mind we wanted to make sure our bridge is the most competitive and secure. With Stargate powered by LayerZero, we provide more options for our users to access the best rates across multiple networks. Whatever route you choose, we guarantee that transactions made on OpenOcean arrive on the target chain with the best trade-routing and at the best possible swap rate.About Stargate <a href="https://stargate.finance/" rel="noopener noreferrer nofollow">Stargate</a> is a fully composable liquidity transport protocol that lives at the heart of DeFi. Users can utilize Stargate to transfer value between various supported blockchains taking advantage of guaranteed finality for their transfers, low fees and deep liquidity. Developers can enable omnichain experiences within their products by utilizing Stargate’s deep liquidity and easy composability.About OpenOcean <a href="https://openocean.finance/" rel="noopener noreferrer nofollow">OpenOcean</a> is the widest reaching DEX Aggregator, a cross-chain swap aggregator, and Web 3 middleware developer in the crypto space. Offering a suite of tools across 20 networks and 270&#43; unique sources of liquidity, OpenOcean is building tools for now and for the future. Experience what it’s like to trade with ease, the way that you want to with #OpenOcean.

OpenOcean integrates Stargate to power 1-click Cross-Chain Swaps

OpenOcean

Inne artykuły opublikowane 2 mar 2023

What are Smart Contracts? An Education Series by EverRise.

Weekly Rewards Breakdown: February

Join Uquid & Binance for the MAR-velous Deals Campaign

Binance's AI-powered NFT generator hits 10K mints in 2.5 hours

Free NFTs, What’s the Deal?

Community Asks: Can Players Work Together in Cryptopia?

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!