Our SherpaX chain has two modules, Wasm and EVM, so SoSwap built on SherpaX chain can realize the exchange between Substrate tokens and ERC20 tokens.
SoSwap is a cross-chain DEX built on the SherpaX Chain. SoSwap supports both EVM tokens and Substrate tokens of the Polkadot ecosystem. It breaks through the transaction barriers between tokens of two different systems.
Simply put, there are two kinds of modules on SherpaX, Wasm and EVM. The image above is an example. If you exchange Mini Point for ETH, then this is an example of the complete process. (Please note there is no such trading pair yet)
The exchange process between KSX and ERC20 tokens is similar. The KSX on SherpaX originally belongs to the Wasm module, and it needs to be transferred to the EVM (KSX in the EVM will be named wKSX for the time being). Then in the EVM of SherpaX, it is
exchanged with some kind of ERC20 token from other chains.
Trading pairs SoSwap supported:
-At the beginning of the beta version, it will support the Mini Point/KSX trading pair;
-In the future, all cross-chain asset-exchanges on SherpaX will be supported.
Fees
The user pays a gas fee of approximately 0.01-0.1 KSX, which increases with the amount of the transaction.
