Mayan Finance: Cross-chain Swap Auction Protocol

Mayan Finance is a cross-chain swap auction protocol which isn’t having any tokens yet and doing a campaign to reward OG role for the cross-chain traders! Possible retroactive airdrop for early users, so don’t miss this out!

So let’s deep dive into it with the following segments:

  • What’s Mayan Finance?

  • How Does Mayan Finance Work?

  • Roadmap & Partners

  • Tutorial

  • Conclusion

🚨𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: You’ll interact with smart contracts, so be cautious on approval transaction or interacting with dApps or smart contracts!!

This is only for 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐏𝐮𝐫𝐩𝐨𝐬𝐞, not a Financial Advice (𝐍𝐅𝐀) & always Do Your Own Research (𝐃𝐘𝐎𝐑).

💭What’s Mayan Finance?

Mayan is a cross-chain swap auction protocol with the goal of offering the best possible swap rates on Solana for any trade, which is powered by Wormhole. Mayan Finance's goal is to make cross-chain swaps as convenient as native swaps.

Mayan Swap is the implementation of Mayan protocol through set of trustless and permissionless smart contracts.

💭How Does Mayan Finance Work?

Mayan Swap Overview
Mayan Swap Overview

Mayan Finance works as below:

Mayan Contract: To swap tokens from EVM-based chains with Single Click into desired network.
Wormhole Bridge: Mayan team built a new bridge to transfer input tokens along with swap data/instruction using Wormhole token bridge.
Portal Contract: For holding an auction to find the best relayer for swaps in the Solana network.

📃Docs:

💭Roadmap & Partners

In Q1 of 2023, Mayan team will deploy the supports of Aptos blockchain and will open swap auction.

For Q2 of 2023, chunking, staking and second audit is planned to be done. Team will release the future roadmap soon.

Partners of Mayan
Partners of Mayan

Mayan Finance has already been audited by Ottersec.

💭Tutorial

Lets look into the requirement for OG role and how to do it! First of all, users just need to do a cross-chain swap with $66 or more assets before 09 February 2023. And eligible users will be able to claim OG Role from Mayan Guild after the end of campaign.

Mayan Swap
Mayan Swap

FYI, you can even do cross-chain swap of native assets from any chains which is supported in Mayan Finance. For example, you can swap BNB → SOL or BNB → ETH or AVAX → BNB etc, not wrapped assets like WBNB, WETH, WAVAX.

Now lets complete the cross-chain swap:

Connect Wallet
Connect Wallet
  • Visit Mayan dApp and connect wallet.

  • Select two chains from Ethereum or BNB Chain or Avalanche or Solana for cross-chain swaps.

Connect Solana Wallet
Connect Solana Wallet
  • For doing swap between EVM-based chains to Solana, you need to connect Solana wallet like Phantom or Glow or Solflare etc..

  • Click “Connect Destination wallet” & approve to connect solana wallet.

Approve assets for cross-chain swap
Approve assets for cross-chain swap
  • After entering the amount ( Better use more than $66 like $70), you need to approve the assets to use

  • Click “Allow Mayan to use your BUSD(asset name)” button and confirm the transaction

  • No need to edit allowance amount as it will set the requested amount, not unlimited. So you need to do approval transaction for each cross-chain swaps.

Cross-chain Swaps
Cross-chain Swaps
  • Finally click “Swap” -→ “Confirm Swap” to complete cross-chain swaps

  • Now wait for few minutes and you will successfully complete the cross-chain swap

  • You can even swap back from Solana → BNB Chain or whatever chains you want.

💭Conclusion

Well done #BitByteFams & congratulations on completing cross-swap on Mayan Finance. Now don’t forget to claim roles from Guild.xyz for Mayan Finance discord server.

  • OG role will be available after 09 February, 2023.

Be a part of Mayan Finance Community by using the following links:

🌐 Website: [mayan.finance](https://mayan.finance)
🐦Twitter: twitter.com/mayanfinance
🤖 Discord: discord.gg/QZrTGmJVT9
💻Github: github.com/mayan-finance
📚Blog: blog.mayan.finance

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