• Terms and Conditions
  • Privacy Policy
  • FAQs
Wiki Crypto
  • Crypto News
  • Learn
  • Market
  • Bitcoin
  • Ethereum
  • Opinions
  • Technical Analysis
No Result
View All Result
  • Crypto News
  • Learn
  • Market
  • Bitcoin
  • Ethereum
  • Opinions
  • Technical Analysis
No Result
View All Result
Wiki Crypto
No Result
View All Result
Home Crypto News

ZeroSwapDEX Integrates Polygon zkEVM for Enhanced Cross-Chain Trading

Sheikh by Sheikh
July 6, 2023 - Updated on July 30, 2023
in Crypto News
Reading Time: 2 mins read
A A
5
SHARES
255
VIEWS
ShareTweetShareShare

Key Takeaways:

  • ZeroSwapDEX integrates Polygon’s zkEVM, boosting cross-chain transactions through the zkRollup technology.
  • The platform collaborates with XY Finance, utilizing its API to create a versatile ecosystem for cross-chain trading.
  • Polygon’s zkEVM brings lower transaction costs, high performance, and Ethereum compatibility to ZeroSwapDEX.

ZeroSwapDEX, an avant-garde in the cross-chain space, has announced its integration with Polygon’s zkEVM (Zero-Knowledge Ethereum Virtual Machine), heralding a new era of seamless and economical cross-chain trading. This integration allows users to swap and bridge tokens through ZeroSwapDEX, thanks to the state-of-the-art zkRollup technology.

The union with Polygon is more than fortuitous; it’s a paradigm shift in how users interact with cross-chain transactions. In partnership with XY Finance, ZeroSwapDEX is positioned to become the ultimate hub for traders seeking an exhaustive range of tokens. XY Finance’s API is the conduit through which this has been made possible.

Low transaction costs are a paramount advantage of integrating Polygon’s zkEVM. ZeroSwapDEX, by embracing Zero-Knowledge proofs, has fostered an environment where cross-chain trading is not only cost-efficient but accessible to all users. This eradicates the roadblock of excessive fees, a notorious deterrent in the crypto space.

Moreover, the incorporation of ZK proofs enables Polygon’s zkEVM to achieve rapid finality, a testament to its high performance. Frequent validity proofs ensure that ZeroSwapDEX transactions are executed with both speed and reliability.

Not to be overlooked is the EVM compatibility. Polygon’s zkEVM is harmonious with the majority of wallets, smart contracts, and tools within the Ethereum ecosystem. Users can effortlessly employ their existing Ethereum framework when delving into ZeroSwapDEX on Polygon’s zkEVM.

Additionally, the zkEVM inherits the security protocols of Ethereum’s Layer 1, ensuring a secure trading experience. Also, the integration holds the promise of a diverse ecosystem.

Users are availed a wide spectrum of liquidity pools, DeFi protocols, and innovative projects, which augments their involvement within the expansive DeFi space. Moreover, there’s a prospect of potential airdrops, further sweetening the deal for ZeroSwapDEX’s clientele.

With this integration, ZeroSwapDEX has not only cemented its position as a trailblazer but also demonstrated its commitment to refining the user experience. The partnership with Polygon’s zkEVM is indicative of a promising trajectory for cross-chain trading.

Source

https://blog.zeroswap.io/blog/polygon-zkevm-integrated-on-zeroswapdex

Tags: Crypto Market News
Sheikh

Sheikh

Sheikh is a co-founder and key member of the Wiki Crypto team, known for his expertise in macroeconomics, monetary policy, and fundamental analysis of both traditional and cryptocurrency assets. He is also well-versed in the future of blockchain technology and the current state of cryptocurrency regulation in Eastern Europe and the Middle East. In addition, Sheikh has a background in online news media and Digital Marketing and is skilled in building a multi-language crypto news outlet with a global reputation.

Join Our Newsletter

Subscription Form

News Categories

  • Crypto News
  • Featured
  • Opinions
  • Press Release
  • Technical Analysis

Resources

  • Contact Us
  • FAQs
  • Sitemap
  • Terms and Conditions
  • Wiki Crypto
  • Wiki Crypto Privacy Policy
  • About
  • Terms and Conditions
  • Privacy Policy
  • FAQs
  • Contact Us
  • Sitemap

© 2023 Wiki Crypto All Rights Reserved

No Result
View All Result
  • Crypto News
  • Learn
  • Market
  • Bitcoin
  • Ethereum
  • Opinions
  • Technical Analysis

© 2023 Wiki Crypto All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.