What's coming to mainnet: Cross-chain zap transactions Gr | 🇬🇧 EYWA Announcements
What's coming to mainnet: Cross-chain zap transactions
Greetings, friends!
We're at the finish line before the technical EYWA mainnet launch and are continuing to share product features! This post is about how users will benefit from cross-chain zap transactions.
From an end-user perspective, zap transactions make the user experience as friendly as possible. In just a single transaction, a user can perform various financial operations in other blockchains. To do so, a user would simply need to pay a gas fee either in the source network native token or from the body of his/her deposit.
For example, in one transaction a user can purchase a token and receive it either in the blockchain where he/she made the purchase or in any other network.
For projects, the cross-chain zap transaction service is provided as part of the cross-chain listing. This allows the project to get new customers from different blockchains using just one liquidity pool. No need to create new liquidity pools and "dilute" the liquidity between blockchains.
The future of zap transactions:
With zap transactions, a project can create a single cross-chain liquidity pool with help of our eUSD stablecoin. This way it will be able to generate additional income from its liquidity. Or in other words - making money on its own liquidity. Read more about eUSD here.
Using zap-transactions, it is possible to successfully handle many other financial cases. Thanks to our liquidity and data transfer protocols, projects can create and implement new business-models.
Stay tuned so you won't miss anything!
Thank you,
EYWA team
