CrossSwap

CrossSwap is an upcoming omni-platform decentralized exchange and bridge solution that is designed to make cross-chain swaps across every major network as simple, secure, and powerful as possible.

The platform is designed to provide a hub that not only provides a great deal of value to users and traders, but also strengthens the BlueZilla ecosystem as a whole through synergistic integrations and finely-tuned crypto-economic flywheels that reward supporters.

Decentralized exchanges arguably represent one of the cornerstone technologies of decentralized finance (DeFi). But managing liquidity and executing trades across the numerous different smart contract-capable blockchains can be both time-consuming and costly — both barriers to entry that contribute to the community tribalism seen between different chains.

Not only this but current solutions are burdened by parasitic bot activity, which diminishes the user experience and siphons value from honest traders looking for a fair trading experience. Combine this with a lack of incentives for long-term supporters and absent support for cross-chain swaps and you’ve got an industry ripe for disruption.

CrossSwap looks to accomplish exactly this through a range of unique features, each of which helps to address the shortcomings of existing solutions while extending the scope of capabilities users expect from a DEX.

Some of its main features include:

Powerful DEX

CrossSwap supports all the features you would expect from a modern decentralized exchange platform, including automated trade routing, low fees, permissionless liquidity pools, farming pools, and decentralized governance. On top of this, it features a unique trading fee model that gives frequent traders discounted fees and distributed 50% of all transaction fees to $CSWAP stakers.

Bot Protection

CrossSwap addresses two of the major challenges facing many token launches in one fell swoop — liquidity sniping and front runners.

By eliminating the problem of liquidity sniping (a process that sees bots snatch up tokens at rock-bottom prices by sniping the liquidity adding transaction following DEX listing) it ensures an even playing field for retail buyers. It also deters front-runners by using virtual rates to completely negate their profitability — ensuring traders get more from their orders.

Bridge Capabilities

Bridging assets across different blockchains in order to trade them on one of the myriad DEXs can be a devilishly complicated experience — particularly for those unaccustomed to the particulars of the various different blockchains.

CrossSwap overcomes this challenge by integrating a powerful bridge to feature native support for cross-chain asset swaps. At first, this will launch with support for Ethereum and Binance Smart Chain, but will gradually be expanded to support all major chains by the end of 2021.

CrossWallet Integration

In order to provide a single unified on-ramp to CrossSwap, while allowing users to easily store and manage their cross-chain assets from one place, CrossSwap will be directly integrated into CrossWallet. 100% of the trading fees accumulated through this feature will be redirected to CrossWallet (CWT) token stakers.