Starswap
Starswap is a decentralized exchange (DEX) deployed on the Starcoin smart contract network
Wallet holders on the Starcoin chain can freely exchange tokens on Starswap and become Automatic Market Makers (AMM) by providing and collateralizing liquidity
Cross-chain bridge opening
Starswap has long been dedicated to asset exchange on Starcoin and people are free to exchange Starcoin chain native assets on Starswap, but we want to make Starswap accessible to more users and embrace the Starcoin ecosystem, and we are looking forward to the opening of the cross-chain bridge.
Poly Network is a great project that supports cross-chains, it supports multiple blockchains such as ETH, BSC, Polygon, etc., as well as USDT, DAI, ETH, and many other coins.
Recently, Poly Network has successfully supported cross-chain with Starcoin and ETH chain and can transfer ETH and USDT assets from Ether to Starcoin chain.
What’s New
We are excited about the opening of the cross-chain bridge, where we can exchange more kinds of assets on Starswap. on July 13 Starswap goes live with STC/USDT trading pairs, and will also open Farm mining, where USDT is cross-chained from Ethereum to Starcoin, doing liquidity mining of trading pairs and getting Starswap’s platform coin STAR Reward.
Cross-chain (transfer) from Ethereum to Starcoin with 150 STC airdrop rewards. Currently only ETH and USDT transfers are supported. STC rewards will be sent to the cross-chain target (Starcoin)account.
New stablecoin pair
At Poly Network it is possible to cross-chain USDT from Ethereum to Starcoin with the following trading pairs.
● STC/XUSDT
The token address of the Starcoin Mainnet chain assets obtained through the Poly Network cross-chain bridge is:
ETH：0xe52552637c5897a2d499fbf08216f73e::XETH::XETH
USDT : 0xe52552637c5897a2d499fbf08216f73e::XUSDT::XUSDT
Handling fee
Starswap collects a percentage of the Token from each Swap transaction that flows into the Starswap treasury and may be used in the future for STAR buybacks, destruction, etc.
Cross-Chain Bridge Tutorial
【Chinese Tutorial】Starcoin生态利好，跨链指南教您快速打通Ethereum
【English Tutorial】 Starcoin Eco-benefits: Cross-Chain Guide to Fast-Track Ethereum Learning
Starswap liquidity mining tutorial?
【Chinese Tutorial】Liquidity Mining Tutorial
【English Tutorial】 Liquidity Mining Tutorial
The Future
We care a lot about the swap experience of stablecoins, and we are considering introducing a more stablecoin-friendly AMM algorithm to reduce the slippage of stablecoin pairs
