KLAP x Synapse — A protocol match made in heaven

KLAP Finance
KLAP Finance
Published in
2 min readJun 23, 2022

Overview

The KLAP Finance team is thrilled to announce we will be integrating with Synapse bridged assets in our lending markets.

Through this partnership, Synapse Protocol will enable users to bridge from 15 EVM chains (Ethereum, Arbitrum, Avalanche, Aurora, and more) to Klaytn. We expect this to offer a greatly improved user experience for multi-chainors using KLAP.

KLAP is set to launch with Synapse bridged:

  • USDT
  • USDC
  • DAI
  • ETH
  • WBTC
KLAP Reacts Only…

Our integration with Synapse will boost liquidity on Klaytn and ensure that KLAP Finance becomes the liquidity hub with the most attractive yield and rates on Klaytn.

Additionally, Synapse will setup a syn USDT <> orbit USDT pool with incentives, to allow a seamless transition from Orbit to Synapse bridged assets to use in the KLAP app.

About Synapse

Synapse is a universal cross-chain liquidity network.

Synapse connects blockchains by offering an extensible cross-chain communication protocol that supports assets, smart contract calls, and more.

By leveraging Synapse, blockchains can easily and securely interoperate with each other and developers can build truly cross-chain applications including cross-chain DEX, lending platforms, margining systems, derivatives markets, yield aggregators, and much more.

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