Swimmers can now swap native stablecoins across Solana, Ethereum, BNB Chain, Avalanche, Polygon, Fantom & Aurora!
Our team is thrilled to announce our expansion into the Fantom & Aurora ecosystems. With our expansion, we will be launching three new metapools: $USDC & $USDT on Aurora and $USDC on Fantom, with a $USN metapool on the way!
When the going gets tough, the tough get going!
Even during the hardest of times, Swim will continue to build, expanding into new ecosystems, consolidating and innovating on existing products whilst upholding our high standards across everything we do. As we continue to build and grow our community, the future of Swim continues to excite us!
What is a Metapool again?
Metapools allow Swim to facilitate trading between new tokens and an existing pool.
Today, our three new metapools allow native $USDC and $USDT on Aurora & USDC on Fantom to be swapped seamlessly with any native stablecoin in our existing hexapool & meta pools i.e., $USDC, $USDT on Ethereum, Solana, Avalanche & Polygon as well as $USDT and $BUSD on BNB Chain.
To swap Fantom or Aurora stablecoins with stablecoins on our existing supported chains, it’s first swapped with the hexapool LP token, before being redeemed into the stablecoin from the hexapool or another metapool.
The three new metapools therefore take in Fantom or Aurora stablecoins with hexapool LP tokens, which means existing LP token holders are not affected by the new metapool if they don’t add liquidity to it.
What's next for Swim?
Our roadmap continues to excite us as we look forward to showing all our loyal Swimmers what is coming next!
- Further expansion to other chains ~ with the next stop being the Polkadot ecosystem
- Swim's very own relayer, the Propeller ~ bringing seamless single-click swapping
- More partnerships ~ with integrations also coming down the line
- UX enhancements ~ to take Swim to the next level in terms of ease of use
Swim is a multi-chain AMM for native assets, designed to make bridging as easy as possible. Our protocol eliminates the need for wrapped assets by allowing users to swap from a native asset on one chain to a native asset on any other supported chain. Swim’s solution reduces the barriers faced by users when performing cross-chain transactions, enabling true interoperability between various blockchain networks.
Keep up with Swim latest news & join our growing community!