Symbiosis Finance partners with ChainSwap, Milkomeda and Rubic

Symbiosis Finance partners with ChainSwap, Milkomeda and Rubic

Symbiosis Finance partners with ChainSwap, Milkomeda and Rubic

Symbiosis Finance's multi-chain liquidity protocol has entered into a number of new partnerships to expand its functionality. This was reported to ForkLog by representatives of the project.

The integration of Symbiosis Finance with the ChainSwap cross-chain bridge will provide users with the ability to find the best price with minimal slippage without leaving the platform.

«Senders choose the token, the blockchains they want to transfer it between, and enter the amount. The whole process takes place «behind the scenes» – users do not need to switch between different interfaces», – representatives of the project said.

As part of the collaboration with the Milkomeda protocol, the Symbiosis Finance team has created a bridge between the native stablecoin sUSDC and MilkADA (mADA). This will help clients make any swaps from Ethereum to MaDA and vice versa.

With Milkomeda, non-EVM blockchains gain access to various sidechain tools.

«Since Milkomeda does not have its own stablecoin, a special pool has been created for the first swaps. In this case, all assets will be routed through mADA», the developers added.

The current partnership with Milkomeda simplifies swaps between EVM networks and Cardano.

Symbiosis Finance also integrated into the Rubic cross-chain swap aggregator on the Ethereum, BNB Chain, Polygon, Avalanche and BOBA networks. The partnership will increase the speed and capacity of asset swaps.

Recall that in May, Symbiosis Finance integrated a liquidity aggregator from 1inch decentralized exchanges to facilitate the exchange of assets between EVM-compatible networks.

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