Swing Launches on Binance Smart Chain to Expand Cross-Chain Bridging and Liquidity
Swing is delighted to announce that our cross-chain liquidity and bridging protocol, which aggregates the most cost-efficient bridges and liquidity opportunities across multiple blockchains, is now live on Binance Smart Chain (BSC).
Originally built on the Polkadot blockchain, Swing has expanded to several different blockchain networks in recent times, including Avalanche, Polygon, and Solana. Swing’s newfound presence on Binance Smart Chain marks another leap forward for the project as we continue in pursuit of our vision of fast and easy cross-chain trading.
Swing acts as a liquidity and bridging aggregator of the most popular decentralized finance platforms and DEXs (decentralized exchanges) in existence today. Through Swing, users can access the full range of popular DeFi platforms and trade seamlessly across them all without surrendering control of their funds to any third-party.
The arrival on Binance Smart Chain will broaden Swing’s access to the world of DeFi, and specifically, will allow us to aggregate liquidity and bridging opportunities across the most popular DEXs on BSC, including PancakeSwap, BurgerSwap, BiSwap, and many more.
Binance Smart Chain is the Ethereum Virtual Machine (EVM) compatible dApp and smart contract platform created the world’s largest cryptocurrency exchange, Binance. Although created by a centralized exchange, Binance Smart Chain is a decentralized platform that hosts a swathe of decentralized applications from numerous corners of the DeFi space.
Integrating with Binance Smart Chain gives Swing another fast, low-fee foundation from which to roll out its liquidity and bridge aggregator after successful implementations on other prominent Ethereum-compatible blockchains in recent months. We are confident the combination of Swing’s aggregator with the DeFi ecosystem offered by BSC will have a tangible impact going forward.
Swing founder Viveik Vivekananthan celebrated the launch of the protocol on BSC, adding that the diverse nature of the blockchain’s applications would help Swing demonstrate its primary use cases. He said:
“We’re thrilled to become a part of the Binance Smart Chain network. The number and variety of decentralized applications on Binance Smart Chain gives our protocol a chance to show what it can do. Users and traders will feel an immediate benefit by having all of the best liquidity and bridging options available in one place.”
The Swing protocol is currently live on Ethereum, Polygon, Avalanche, Fantom, xDai, and now Binance Smart Chain, where it aggregates bridges and liquidity sources to find the lowest slippage on cross-chain token swaps and liquidity transfers.
About Binance Smart Chain
Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. BSC runs in parallel with Binance’s native Binance Chain (BC), which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC.
About Swing
Swing is cross-chain infrastructure for the internet on major EVM networks such as Polygon, BSC, Avalanche, Moonriver, Harmony, xDai, Arbitrum, Fantom and more. It aggregates major liquidity sources and bridges to execute the best price and lowest slippage on trades and transfers. The project helps crypto traders, investors and yield farmers move crypto capital efficiently across blockchains via a web application and upcoming API product.
Follow Swing on:
🐦. Twitter: http://twitter.com/swing_xyz
📘. Medium: swingxyz.medium.com
💬. Discord: discord.gg/gpkeeEetkC
💬. Telegram: https://t.me/swingxyz
🌐. Website: www.swing.xyz
