Trust Wallet & Mimic: A Partnership to Transform Token Swapping
We are thrilled to announce our new strategic partnership with Trust Wallet, the widely recognized and popular multi-currency wallet. This collaboration aims to enhance the user experience of Trust Wallet by integrating Mimic’s advanced swapping capabilities directly into the wallet.
A New Era of Token Swaps
Mimic interfaces with an array of decentralized exchange aggregators in a 100% trustless and non-custodial way. Our Smart Vault* solution enables seamless token swaps across multiple networks such as the Binance Smart Chain, Arbitrum, Optimism, and more. With this feature, Trust Wallet users can effortlessly swap tokens at the most favorable rates available through a multitude of DEX aggregators.
*A Smart Vault is a custom engine that makes it possible to automate multiple operations with optimal efficiency, simplifying the everyday workload.
Benefits for the community
The integration of Trust Wallet with Mimic brings forth several benefits aimed at optimizing user trading experiences:
- Superior Pricing: Mimic cross-references multiple DEX aggregators to secure the best possible rates for users.
- Dynamic Integration: Automatic incorporation of system updates or new versions from DEX aggregators ensures that users always have access to the most current versions.
Continuous Evolution
At Mimic, we are committed to continual growth and improvement. As part of our ongoing efforts, we will soon introduce a single API endpoint, simplifying the integration process. This advancement will eliminate the need for Trust Wallet to individually query each DEX aggregator, thereby streamlining the user experience. Additionally, we are actively working towards enabling cross-chain swaps across both Ethereum Virtual Machine (EVM) and non-EVM networks.
A bit more about us
Mimic began operating in 2020 with a passionate team of multidisciplinary professionals who bring more than 7 years of expertise in the crypto industry. Our primary focus is to simplify the way businesses operate in the crypto space. Since our inception, we have forged partnerships with different teams, providing support for their operations and developing custom solutions for renowned brands such as Balancer, Paraswap, DXDao, and Decentraland.
FAQs
To enhance clarity in our partnership, we have compiled a list of frequently asked questions along with their corresponding answers:
What function does Mimic perform within the Trust Wallet platform?
Mimic operates as an integral third-party service within the Trust Wallet ecosystem, enhancing the efficiency and seamlessness of cryptocurrency exchanges across numerous networks.
What are the associated costs for a swap executed via Mimic?
Mimic applies a fixed transaction fee of 0.7% on every individual swap operation.
How does Mimic guarantee that I’m obtaining the best swap rates?
Mimic cross-references all DEX aggregators and evaluates the rates, presenting the most favorable option available. Even though the optimal DEX aggregator option is recommended, Trust Wallet users retain the liberty to select an alternative choice.
What networks are supported by Mimic?
At present, Mimic is compatible with a wide range of networks including Ethereum, Polygon, Fantom, Optimism, Gnosis, BNB, Avalanche, and Arbitrum. We are planning to integrate more EVM and non-EVM networks in the future.
How can I reach out for further information?
There are several channels available for you to get in touch with us for more details about the solution. Visit our website to select the method most convenient for you.
Moving on
We’re excited about this partnership with Trust Wallet and look forward to improving the trading experience together. Stay tuned for more updates!
The Mimic team.
