hybrid live for public use. The Skypools swap-bridge allows traders to easily swap between BTC and the Ethereum network coins which are built, deployed and traded on the ERC20 blockchain environment.
Swingby network users were already using the Skybridge protocol, which is the fundamental development of the network. Until now Skybridge has enabled Swingby network users to swap between forms of Bitcoin and wrapped Bitcoin, specifically WBTC on the EVM network, an ethereum-based version of Bitcoin, and the Binance-pegged BTCB coin as another form of Bitcoin. Now Skypools builds upon this to enable the seamless trading of these different forms of Bitcoin interchangeably with ERC20 network cryptocurrency tokens.
Swingby Skypools Goes Live
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What makes Swingby network different from other swaps
The Swingby network is a truly decentralized system through and through. Swingby works by connecting platform users who wish to swap, with the liquidity reflected real-time on large AMM aggregators such as the Balancer and Sushi DeFi networks. Users never lose custody of their tokens, as no third-parties requiring such are ever included in the process.
The uniqueness of alternate forms of BTC and many listed ERC20 network coins being interchangeably tradable is big enough news in and of itself. BTC and ERC20 will be able to be swapped across blockchain...
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