Smartdex 2.0 beta has started and with it, cross-chain bridging and swaps.
We have four key partnerships for this, some features already implemented and others in the pipeline.
Here we'll go over them.
1/5
Smartdex will utilize Biconomy’s technology stack, including an upcoming Instant Deposit/Withdrawal protocol enabling transactions between L1 and L2 and a gasless transaction infrastructure.
Instant deposits and withdrawals between #Polygon and #Ethereum first then others.
2/5
With Router protocol, Smartdex 2.0 will utilize its liquidity super-mesh to aggregate cross-chain liquidity on Polygon, while later expanding it to other chains such as #BSC, #HEC, #Avalanche, #Polkadot, and #Algorand.
Router enables cross-chain transactions as well.
3/5
#AnySwap will facilitate Smartdex 2.0 to carry out secure cross-chain bridging and swaps.
This utilizes Decentralized Control Rights Management (DCRM), a technology that supports ECDSA or EdDSA, meaning almost every blockchain has the potential to be integrated.
4/5
Connext is an interoperability protocol for L2 Ethereum that will help Smartdex 2.0 communicate between chains in a secure manner.
It allows for cross-chain bridging in which its protocol has no access to the users funds, no external validators, and no new trust assumptions
5/5
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