InterSwap is pleased to announce the successful integration of Polygon. This marks a significant milestone in terms of a truly global Omnichain future!
A quick run down of InterSwap
InterSwap is an AMM that facilitates swapping of any asset across any chain. It's not a bridge rather an Omnichain Liquidity Layer (or AMM).
It aims to solve problems that come inherent with legacy cross-chain solutions viz. cross-chain bridges, CEXes, intermediary assets/chains, etc. in the forms of financial risks, capital inefficiencies, and sub-optimal user experiences
InterSwap is built natively on Axelar for cross-chain communication capabilities that enables fast, secure, and economical transactions
Context:
InterSwap Genesis, the Invite-only testnet is live across 5 chains including Polygon (PoS/Mumbai)
For current InterSwap Genesis users, this Integration will:
Allow a 1-click transfer of assets from Polygon to other chains and vice versa
Permissionless pool creation in Polygon or in conjunction with other chain assets
Single sided (asset) liquidity addition/removal
Directly send destination chain assets to the different wallet addresses
Polygon Mumbai on InterSwap Genesis
Steps to add Polygon Mumbai network to wallet:
Get test tokens (MATIC/Mumbai):
InterSwap Genesis users can navigate to https://app.interswap.io/ to experience today itself.
But before that don’t forget to collect your Genesis Access Pass here: https://galxe.com/interswap/campaign/GCcycUPmUM
More users will be able to test the application as we open more slots in a phase wise manner in due course of time
Summary of key URLs:
Genesis Access Pass: https://galxe.com/interswap/campaign/GCcycUPmUM
User guide: https://bit.ly/3PLrrN9
Bug report: bit.ly/3EAf6pB
In-depth on InterSwap: bit.ly/3r1m6ZK
Road ahead:
Launching next phases of platform access
Adding more chains
Product stability and bug fixing
Feature additions
Summary:
This integration gives a huge exposure to ~198M unique addresses and 10K+ dApps native to Polygon.
Users can now seamlessly move assets back & forth depending on their need to experience different protocols across chains. It will ease off their entry barrier to a great extent. It will further enable them to put their capital to better use and generate better yields
dApps, going forward, can quickly integrate InterSwap in different capacities depending upon their use cases that would further enable them to offer to cross-chain features and convenience to their native target audience
This is a win-win value proposition and a small step towards a bigger vision of truly global omnichain future!
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