- Zenswap will increase community engagement efforts with a quest-driven testing framework in conjunction with the launch of its highly anticipated testnet.
- By leveraging unrivaled industry expertise, Zenswap is able to deliver a platform that is safe, scalable, and composable for cross-chain interaction.
A revolutionary decentralized exchange (DEX) Zenswap has recently announced the launch of its public testnet. This testnet provides users with the opportunity to get hands-on experience with frictionless cross-chain swaps inside a secure sandbox environment. Users may gain access to this testnet via Analog’s native Tesnet Environment.
Zenswap makes it possible to execute transactions in a pure native manner across linked blockchain networks like Ethereum, AVAX, and others by ensuring that users’ assets are never taken out of their possession. As a result, it has been proposed as a solution to the long-standing issue of wrapped assets and bridges, which have been responsible for more than $2.5 billion worth of DeFi exploits to this day.
In order to promote trading that is fluid, frictionless, and safe, the new interoperability approach eliminates slippage and streamlines liquidity pathways across diverse chains. This is accomplished by using the trustworthy stablecoin USDC as the universal routing asset.
Zenswap will increase community engagement efforts with a quest-driven testing framework in conjunction with the launch of its highly anticipated testnet. This framework will allow users to accumulate points and complete interactive challenges that are designed to simulate real-world usage, stress-test the system, and contribute to early protocol refinement. Despite the fact that incentives are only available on the testnet, participation may have an impact on future recognition possibilities as Zenswap moves closer to launching its mainnet in its entirety.
By leveraging unrivaled industry expertise, Zenswap is able to deliver a platform that is safe, scalable, and composable for cross-chain interaction. This platform is a joint venture between the Analog team, protocol, and Soramitsu, a globally recognized blockchain development firm that is credited for its work on Polkaswap and the SORA network. Zenswap’s Boost Mode makes it possible for cross-chain swaps to be resolved in a timeframe that is almost instantaneous, and the optimized route selection assures that costs are far lower than those of the competitors.
Through the usage of the testnet, Zenswap extends an invitation to users to get acquainted with its innovative approach to the interoperability of DeFi services. Participate in the testing phase, complete the missions, and contribute to the refinement that is dedicated to revolutionizing decentralized trading from its roots to its terminals. You can watch Zenswap’s latest walkthrough here.
Users are able to trade straight from their non-custodial wallets, which Zenswap enables, which speeds the process of trading cryptocurrencies and increases the level of security across several blockchains. In addition to providing a user-friendly swap interface and complete transaction traceability, it was developed with the intention of simplifying cross-chain activities at every level. This eliminates the need for wrapped tokens and bridges.
Creating decentralized applications (dApps) that are able to function without any problems across all networks is made possible by Analog, which is the ultimate gateway for seamless blockchain connectivity. Analog is a protocol that was built to be chain-agnostic from the beginning. It reimagines the multi-chain experience by allowing decentralized applications (dApps) and users to break through barriers and discover new opportunities across blockchain ecosystems. Find out more by visiting https://www.analog.one/.
