WardenSwap Partnership with Arbitrum đ€
WardenSwp has successfully expanded to Arbitrum mainnet, a layer 2 scaling solution on Ethereum developed by Offchain Labs in October 2021.
WardenSwap project can be found on Arbitrum One Portal, the website that listed all projects on Arbitrum.
This expansion to Arbitrum allows WardenSwapâs users to experience faster transaction speeds and lowest transaction gas fees comparing to other DEX platforms.
What is Arbitrum?
Arbitrum is a Layer 2 platform that enables 3 main qualities to smart contracts which are scalable, fast, and private.
Arbitrum technology is one of the potential solutions to Ethereumâs recent transaction cost issues. Ethereum is the second most valuable cryptocurrency by market value, but its exponential growth has been limited by network congestion and exorbitant fees.
Arbitrum intends to lower transaction fees and congestion by transferring as much computation and data storage as possible away from Ethereumâs primary network (layer 1). Layer 2 scaling solutions are used to store data outside of Ethereumâs blockchain. As it is constructed on top of Layer 1, it is able to maintain security as high as Ethereum network.
WardenSwapâs performance on Arbitrum đȘ
Arbitrum technology has enhanced WardenSwap performance in terms of swapping rate and gas fees. On layer 2, WardenSwap will be able to find a better rate and optimize gas fees to be lower about ~24% on WardenSwap platform.
WardenSwap & Arbitrum UI
In order to bridge assets on Arbitrum, users have to make sure that the wallet like metamask or other wallets has some ETH to be used as transaction fees on the Ethereum mainnet.
On WardenSwp website users can learn how to bridge or bride to Arbitrum directly on the site.
Visit Arbitrum bridge tutorial article to learn more on how to Swap tokens on Arbitrum via WardenSwap platform.
