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123swap is the fastest growing cross-chain DEFI

Avalanche and 123swap announced that 123 swap's unique decentralised, unmanaged cross-chain architecture had been integrated with Avalanche. It is interesting to know the two firm heads will work together to stimulate the perfect evolution of unique decentralised, cross-chain applications that will empower DeFi's future.

Posted: 18th November 2021 by
Finance Monthly
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In this collaboration, 123 swaps of innovative, decentralised, and unmanaged cross-chain infrastructure are combined with Avalanche's unrivalled project and application ecosystem. By harnessing the power of cross-chain technology, Avalanche and its ecosystem projects will develop new values and use cases for their consumers. 123swap is the fastest-growing cross-chain DEFI and is still in private sales.

Avalanche

Avalanche is a manageable, creative contract platform for designing custom blockchain tracks and decentralised applications (especially those focused on DeFi). Avalanche is the best platform for generating Blockchain strings and developing a decentralised app (dApps). Invented by the Ava Lab, Avalanche cryptocurrency is known as one of the perfect projects looking to displace Etherum as the most extensively adopted innovative deal in the blockchain ecosystem. Avalanche claims greater scalability than Ethereum with 4500 high transaction throughput (TPS) per second. Avalanche's original AVAX coin, capped at 720m, is used as part of the Avalanche consensus and to pay for online transactions.

123 swap Finance

123 swap Finance is also the platform to automate and make the recovery process fast by leveraging bright contracts. The forum will promote decentralised financial management through its smart contracts. 

Critical solutions: Simple and easy to use interface, no change rate during transactions, no hidden charges, variety of assets, security, one-window cross-chain platform.

Through its intelligent cross-chain contracts, it will bring smart, autonomous financial management in one place. 123swap has invented certain technologies that will help the platform beat the competition, become faster, and become the best trading platform in the world.

What is next for 123 swaps?

The 123swap platform aggregates the features of popular DEX&DeFi platforms such as pancake swaps and YFIs. It merges the features of famous DEX and DeFi platforms such as Bancor and Mutable to provide an all-in-one platform. Consolidate all your DeFi assets, liquidity pools, and savings into one dashboard. It makes it simple for the businessmen to compare it with others and choose the best option

The following are considerations that allow users to perform multiple functions on a single platform:

  • You can perform various tasks on a single platform.
  • View all Defi products in one dashboard
  • Portfolio management
  • Liquidity pool
  • DEX and SWAP aggregators
  • Cross-chain asset swap
  • Best yield strategy in one place

Conclusion

Avalanche describes itself as an open and programmable intelligent contract platform for decentralised applications. AVAX is used to pay transaction fees and can be staked to ensure network safety. Avalanche is compatible with Ethereum's programming language, Solidity. It can be used to deploy custom private or public blockchains as "subnets." Initially, Avalanche supported standard Solidity-based smart contracts through Ethereum virtual machines (EVMs). In the future, it is expected to support more rich and powerful innovative contract tools.

  • Supports tools.
  • Smart contracts that can be executed off-chain and verified on-chain.
  • Smart contract for parallel execution. Smart contracts that do not work in the same state on any subnet of the Avalanche
  • It can be run in parallel.

Website — https://123swap.finance/

Twitter — https://twitter.com/123swapfinance

Telegram — https://t.me/my123swap_chat

Reddit — https://www.reddit.com/r/123swap/

Discord — https://discord.gg/arNbvrPgZx

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