VILNIUS,
Lithuania, Jan. 13, 2025 /PRNewswire/ -- The ARMswap
team is thrilled to announce the launch of its 1st
version of its DeFi protocol. The web3 world is booming with
numerous layer-1 and layer-2 blockchains, each having their unique
algorithms and capabilities. However, their closed architecture
hinders seamless interaction and information flow between networks,
creating inefficiencies. ARMswap's launch addresses this
fundamental inefficiency in the current blockchain architecture and
introduces a more optimized version of the multi-directional
cross-chain swaps and bridges.
Simplifying Cross-Chain Transactions
"The fragmentation of blockchain networks has been a critical
issue, and users were compelled to navigate through various DEXs
and third-party bridges to perform a single cross-chain
transaction," notes the CTO of ARMswap. "ARMswap's launch
represents a watershed moment in addressing this fragmentation that
has constrained Defi's evolution."
ARMswap's architecture, validated through rigorous security
audits by the leading Blockchain security firm Hashlock, combines
advanced cryptographic protection for user funds. ARMswap's
protocol delivers secure and rapid swap/bridge operations, setting
new industry benchmarks for transaction processing efficiency.
The platform supports 31 blockchains and their native coins in
its V1 launch in Jan 2025, with plans
for expansion to include more blockchains every quarter.
In V2, ARMswap will integrate with protocols like Chainlink,
Axelar network, Layer zero, Wormhole, etc., to provide extensive
coverage of EVM & non-EVM chains. In V3, Armswap will introduce
its own framework for relayers and oracles for seamless
interoperability across Web3.
ARMSP Fair Launch
ARMswap is launching its utility token, ARMSP, in Jan 2025, incentivizing liquidity providers to
actively participate in the ecosystem and to share platform and
pool returns with the platform participants.
ARMswap is also releasing its DeFi Mobile App (IOS &
Android) in March 2025, enabling
users to connect their existing wallets and perform swap
transactions and participate in liquidity pools and rewards.
Limited Supply
Join the ARMswap V1 platform and participate in the ARMSP token
Fair Launch on 13th Jan
2025, with a limited supply of 400 million tokens out of
1.25 billion max supplies. Early participants can enjoy bonuses and
earn rewards through the ARMswap MVP program. After a 12-month
vesting period, ARMSP will be listed on all major exchanges
globally.
About ARMswap:
ARMswap UAB simplifies cross-chain asset transfers and brings
the power of Web3 and the de-centralization of blockchains into our
daily lives and businesses.
Website: www.armswap.com
For Media Inquiries:
Contact Name: Husnain Aslam
Title: Chief Technology Officer
Email: media@armswap.com
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