Velora is planning to use the acrocol to enable users to perform cross-chain swaps in a single transaction.
Cross-chain interoperability is today one of the most important trends in Crypto. On Thursday, April 17, Dex platform Velora worked with the entire protocol. In a press release shared with crypto.news, the company stated that the collaboration will enable users to easily exchange assets in multiple chains.
The integration of the acrocol will enable Velora users to act on more than 17 chains. Moreover, traders will be able to perform swaps between these chains in a single transaction.
Velora uses the acrocol for a better user experience
Usually the exchange of assets about chains to wrap tokens, to bridge them to another chain and then exchange the packed tokens on a Dex that supports the pair. The process can be technical for inexperienced users.
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While Velora still gets the liquidity from different DEXs, the entire process will now function behind the scenes, thanks to the Arcom protocol. According to Mounir Benchemled, founder of Velora, this is an important step in the direction of complex blockchain operations seamlessly for users.
“By combining Velora’s trade optimization with about the Crosschain possibilities, we create a uniform experience that makes complex blockchain interactions seamless,” benchemled, Velora.
Swaps from cross-chain will focus on the Ethereum (ETH) ecosystem, bridging 17 Ethereum virtual machine-compatible chains. The company states that this is an important step to make the EMV ecosystem more interoperable and more compatible.
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Cross-chain interoperability is today one of the most important trends in Crypto. Different chains have different strengths, whether it is decentralization or speed. This also means that they are most suitable for specific use cases.
Especially the Ethereum ecosystem benefits from a shared technological basis. This allows Ethereum and its Layer-2 networks to communicate seamlessly, allowing Dapps and Defi protocols to work over multiple chains.
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