O3 Swap will support Polygon with a superior cross-chain trading experience
O3 Swap cross-chain pool and aggregation protocols will soon be deployed on the Polygon blockchain. O3 Swap is the first cross-chain aggregation protocol that achieves cross-chain transactions of native assets by deploying aggregators on main DEXes of different chains and establishing the cross-chain pool. O3 Swap has accessed several DEX protocols across chains and aggregated their liquidity to realize a multi-chain asset swap.
The faster transaction with lower fees
Transactions can currently be conducted on Ethereum, BSC, HECO, and Neo. By integrating with Polygon’s scaling solution, users can enjoy a faster transaction speed and a lower GAS fee. O3 Swap aggregators will query and identify the most efficient trading routes for users by integrating liquidity sources across the leading DEXs on Polygon, such as QuickSwap and SushiSwap.
Connect multi-chain liquidity sources to Polygon
We’ve also deployed a new and improved cross-chain pool based on Polygon’s chain. It pools several different assets from different networks in one place and enables users to freely exchange assets between Polygon and our other supported chains (Ethereum, BSC, HECO, NEO) without asset deposit and withdrawal which greatly reduces the threshold for cross-chain transactions.
Support more yield farming ways
Users can access the O3 Swap Vault based on Polygon via simply switching the wallet’s network via the O3 wallet app or on their Metamask extension. We will support Polygon cross-chain pool LP staking by adding liquidity to the O3 Hub and also support MATIC single token staking to earn O3. In addition, we are communicating with several potential DeFi partners on Polygon and will offer the O3 mining pools by staking their tokens.
About Polygon
Polygon is the first well-structured and easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 350+ Dapps, ~128M txns, and ~1M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
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About O3 Swap
O3 Swap is a cross-chain aggregation trading platform incubated by the O3 Labs team. It aggregates liquidity sources or assets from various decentralized exchanges across chains and through the cross-chain pool, users can complete cross-chain transactions. It solves the current problem of liquidity fragmentation on various mainstream blockchains, making it no longer difficult for users to cross-chain transactions. O3 Swap currently supports Ethereum, BSC, HECO, and NEO cross-chain transactions. Our total-locked value (TVL) within O3’s pools has already surpassed $700M and our cross-chain daily volume surpasses $14M daily. We’re dedicated to continued growth within DeFi and bringing our O3 Swap users the best price for their transactions.
