Symbiosis Finance is a cross-chain liquidity aggregation protocol. It aggregates decentralized exchange liquidity across any EVM and non-EVM networks. A short time ago, Symbiosis has concluded a number of new partnerships in order to expand functionality. Let’s explore about them.
ChainSwap is a cross-chain hub for all ecosystems
The integration of Symbiosis Finance with the ChainSwap cross-chain bridge will provide users with the ability to have the best price without extra slippage within the platform.
"Senders choose a token, blockchains between which they want to transfer it, and enter the amount. The whole process takes place “behind the scenes” – users do not need to switch between different interfaces," the project representatives said.
Milkomeda is a side-chain Cardano protocol
In cooperation with the Milkomeda protocol, the Symbiosis Finance team has created a bridge between the native sUSDC stablecoin and MilkADA (mADA). This will make any swaps from Ethereum to MaDA and back easier for users.
With Milkomeda, non-EVM-supporting blockchains get access to various sidechain tools.
“Since Milkomeda does not have its own stablecoin, a special pool has been created for the first swaps. At the same time, routing of all assets will be carried out through mADA,” the developers added.
The topical partnership with Milkomeda will also make swaps between EVM networks and Cardano simpler.
Rubic is a multi-chain swap protocol
The also implemented integration of Symbiosis was one into the Rubic cross-chain swap aggregator in the Ethereum, BNB Chain, Polygon, Avalanche and BOBA networks. The partnership intends to increase the speed and possibilities of asset exchange.