Might 25, 2023 – Symbiosis, a cross-chain liquidity protocol, introduced the addition of Arbitrum Nova to its platform. This integration will permit customers to swap property throughout 12+ chains.
Arbitrum Nova is a brand new chain that’s designed to be less expensive and sooner than Arbitrum One. It’s primarily based on AnyTrust, which is a unique safety mannequin than rollups. AnyTrust requires a small quantity of belief from customers, nevertheless it permits for decrease prices and sooner withdrawals. Nova is designed for gaming, social apps, and different cost-sensitive use circumstances. Arbitrum One will proceed to be the house for DeFi and lots of NFT tasks.
Symbiosis has related with ArbSwap DEX to allow any-to-any token swaps on Arbitrum NOVA. Do not forget that ArbSwap not too long ago announced airdrop tokens to its customers.
Symbiosis is the right resolution for DeFi fanatics who need to swap any token with ease and switch their property throughout completely different blockchains. With only one click on, any-to-any cross-chain operations are executed, offering aggressive change charges and minimal transaction prices.
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