Could 25, 2023 – Symbiosis, a cross-chain liquidity protocol, introduced the addition of Arbitrum Nova to its platform. This integration will enable customers to swap property throughout 12+ chains.
Arbitrum Nova is a brand new chain that’s designed to be more cost effective and quicker than Arbitrum One. It’s based mostly on AnyTrust, which is a distinct safety mannequin than rollups. AnyTrust requires a small quantity of belief from customers, but it surely permits for decrease prices and quicker withdrawals. Nova is designed for gaming, social apps, and different cost-sensitive use circumstances. Arbitrum One will proceed to be the house for DeFi and lots of NFT initiatives.
Symbiosis has linked with ArbSwap DEX to allow any-to-any token swaps on Arbitrum NOVA. Keep in mind that ArbSwap lately announced airdrop tokens to its customers.
About Symbiosis
Symbiosis is the right resolution for DeFi fanatics who wish to swap any token with ease and switch their property throughout completely different blockchains. With only one click on, any-to-any cross-chain operations are executed, offering aggressive trade charges and minimal transaction prices.
Media Contact
Nick Avramov
Co-founder
nick@symbiosis.finance
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