Wednesday, May 18, 2022

Komodo to introduce 12 blockchain protocols in the next version of AtomicDEX

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On Wednesday, Komodo, a multichain structure community, introduced the introduction of 12 protocols on its non-custodial multi-coin software program pockets and atomic swap-powered decentralized trade AtomicDEX. The 12 protocols encompass Avalanche, Polygon, Concord, Fantom, smartBCH, Ethereum Traditional, Moonriver, KuCoin Group Chain, Huobi ECO Chain, Ubiq, Arbitrum and Optimism, with the latter two being wallet-only. After the improve, customers will have the ability to swap Avalanche tokens to Polygon, Ethereum to Binance Sensible Chain (BSC), and so forth., and vice versa.

In contrast to cross-chain performance, multi-chain allows customers to entry their crypto with out using wrapped or proxy tokens, with probably better security results. Kadan Stadelmann, chief expertise officer of Komodo, commented:

“Including these protocols like Polygon and Avalanche provides a complete new stage of accessibility for customers to make faster and smoother cross-chain and cross-protocol transactions whereas nonetheless holding custody of their keys.”

In keeping with Komodo, the 12 months prior, AtomicDEX built-in BSC and made the first-ever native cross-chain swap from BSC to a non-BEP-20 (BSC) blockchain. As a non-custodial pockets, customers can maintain funds or withdraw to an exterior pockets at any time. AtomicDEX costs zero charges for market makers and 0.13% on the overall worth of the transaction for market takers.