1)The Y Pool we've been waiting for is HERE🔥 We’re going to launch our Y Pool on Dec 2, 2021, in this thread, we’ll give a simple introduction to help you guys quickly understand how our powerful Y Pool can provide you with a better swapping experience.
2)The Y-Pool is a pitstop for cross-chain swapping. By contributing to the Y-Pool, users can earn swap fees and $XY gov token rewards (after IDO).
3)When users bridgeswap through app.xy.finance, their tokens will be converted to USDT which enables instant bridging. For example, if a user wants to swap ETH of Ethereum to FTM of Fantom, the whole progress will be ETH-->USDT--->YPool--->fUSDT--->FTM
4)Y pool is designed to be high in liquidity in a single token (USDT Pool for now). So instead of requiring abundant reserves from all other tokens, Y pool will always have more than enough to facilitate any transaction.
5)The Y pool also auto-rebalances across the supported chains. No more exploited sided-bridges! In other words, there is always liquidity in Y Pool