We are happy to announce that we will integrate the Elrond Blockchain in our multichain DEX, after Ethereum and Binance Smart Chain, Elrond is the third chain that we would be servicing on our DEX.
This alliance of multichain on Zeroswap DEX will allow users to switch between blockchains and trade from a single UX.
Elrond blockchain is known for low latency and for engaging in asset trading, Zeroswap will enable liquidity mining and DeFi Token Offering to eGold users.
In future, Elrond’s will also offer relayed transactions, upgradable Smart Contracts, inexpensive token transfers, 30% royalties for SC owners, and other relevant features that can further contribute to strengthening multichain ecosystem on ZeroSwap.
What Respective CEO’s Think about this Partnership —
“Elrond and ZeroSwap share the mission of commoditizing access to decentralized financial instruments. Our collaboration will bring us closer to our common goal while building more DeFi functionality into Elrond” said Beniamin Mincu, Elrond CEO
“We are glad to be partnering with Elrond, they have a strong ecosystem of users and by ZeroSwap, we will empower eGold users with trading, participating in liquidity mining and Dex Token Offering.We’re excited to start this collaboration ahead of what will inevitably be a stampede of mainstream users flocking to easy to use & inexpensive DeFi products.” said Chandrashekar Ram, ZeroSwap CEO.
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
ZeroSwap.io is a Multi-Chain, Zero-fee, On-chain Trading protocol with Liquidity Mining, DeFi Token Offering, and DEX Aggregation. The protocol will reward users every time they make an on-chain trade and provide liquidity to existing DEXes. All transactions would be Gasless with Zero Trade Fee.
We Just Raised $2.2 Million Dollar to Build MultiChain DEX —
Multi-Chain protocol with Liquidity Mining, DeFi Token Offering, and DEX Aggregation. All that power to DeFi with Zero…