In a pivotal stride towards mainnet launch and vision of providing truly seamless omnichain experiences, InterSwap is excited to announce the launch of InterSwap Union, an open to all testnet.

Unlike our previous launches viz. InterSwap Genesis and InterSwap Unfold, which were invite-only, InterSwap Union is open to all, enabling enthusiasts to dive into our ecosystem from the get-go.

InterSwap Union: Key details

Participating in InterSwap Union is a two-step simple process:

• Completing Galxe tasks and claiming OAT

• Engaging with the protocol to accumulate Interpoints(IP), a quantifiable representation of your journey within InterSwap along with peer-to-peer comparative performance

  Essentials to get started

  • Galxe campaign: https://app.galxe.com/quest/interswap/GCGYrtdm9v

  • Step by step guide:

  https://mirror.xyz/interswaplabs.eth/vAuGGD8G9jTVrGVwTYMxbuGgFbto-y8HLSupDjbu3KE

  Key elements of protocol participation

  Participating in the protocol leaderboard has 3 key elements:

  • Earning Interpoints (IP)

  • Interpoints accumulation and calculation

  • Incentives

    1. Earning Interpoints (IP) : Once on InterSwap there are 2 ways to earn Interpoints

    1. Swap

    2. Add liquidity

  Feel free to report any bugs in the form HERE or on Discord

  2. Interpoints accumulation and calculation :

  The table below outlines the IP accumulation and guiding logic

Examples: Adding Liquidity

Assuming initial liquidity to start off with = 0 (Zero)

     **3\. Incentives**

• InterSwap has reserved a healthy allocation of 7% of total supply for Community. The token ticker, full tokenomics, and other related details would be announced closer to the Mainnet launch. This is from a safety point of view. The Mainnet date is yet to be announced and don't trust any other sources other than InterSwap official sources.

• The precise reward per wallet will be articulated and announced post the closure of InterSwap Union. This determination is contingent upon the final user count at the conclusion of the testnet period.

• Lastly, both Interpoints and tokens will play pivotal roles in governance, yield opportunities, and forthcoming benefits.So, in nutshell, this testnet presents opportunities driven not only by enticing incentives but also by the inherent quality and promise our product has to offer.

Charting Our Progress: InterSwap Genesis and Unfold

The resounding success of our previous testnet launches speaks volumes:

• 70,000+ wallets granted access.

• 165K total swaps executed.

• Creation of ~290 Custom Liquidity Pools.

• Average transactions per wallet stood at ~15.

• Over 257K cross-chain messages transmitted.

  What is InterSwap and what makes it stand out?

  InterSwap is the first composable liquidity unification layer and an Omnichain AMM on Axelar It aims to unify the liquidity spread across chains & dApps, eliminate associated risks, boost capital utilization & efficiency, and provide a seamless user experience It’s a fresh approach to the legacy issues in the cross-chain ecosystem filled with sub optimal existing solutions viz. bridges, CEXes, aggregator, and other solutions that comes with their own limitations and risks Standout features:

  1. Unified liquidity for deeper liquidity and better rates

  2. Direct native swaps for both 1:1 and non 1:1 assets

  3. Permissionless pools creation

  4. Single asset and permissionless liquidity provision for better capital utilization

  5. Fiat liquidity provision and Cross Chain Smart Routing (CCSR) for additional liquidity injection

     The Road Ahead: Towards Mainnet

     InterSwap Union is the final leg of our journey towards Mainnet. Going forward our unwavering focus remains will revolve along the following agendas:

     1. Expand chain integrations and refine existing testnet versions.

     2. Continuously introduce new features to enhance user experience.

     3. Prepare for Mainnet launch, Token token Event (TGE), and subsequent listings.

        Learn more about InterSwap here:

     Stay tuned for updates, and remember, trust only InterSwap's official sources for accurate information.

     Experience inclusive participation & unbounded potential with InterSwap Union!

     About Interswap

     InterSwap is the first composable liquidity unification layer and an Omnichain AMM on Axelar. It aims to unify the liquidity spread across chains & dApps, eliminate associated risks, boost capital utilization & efficiency, and provide a seamless user experience.

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