Source : coinquora.com
It has been only half a year since the emergence of decentralized exchanges, but it still enjoys a great deal of investment. Currently, there are at least 35 active decentralized exchange systems established on various blockchains, and this is increasing over time, and there is no sign of a decline.
About 123swap and Polygons
Despite being the most prominent blockchain development platform, Ethereum is faced with many limitations, including reduced throughput, reduced user experience, and lack of supremacy. Many projects rely on Ethereum-compatible blockchains to overcome these problems while taking advantage of the Ethereum ecosystem. However, there is no framework for developing such a blockchain or a medium to link the blockchain.
123swap is a decentralized commercial program that facilitates absolute peer-to-peer exchange of crypto assets. It provides a transparent and convenient business, revenue, and investment management medium that is easily accessible and does not require any third-party organization. The platform is aimed at simplifying the cryptocurrency exchange system and creating the lowest possible slippage. With the 123swap platform alone, you can take advantage of various DeFi solutions, including swap, store, send, receive, earnings, crypto, and multi-chain NFT investments.
On the other hand, Polygon has a protocol and architecture for creating and connecting blockchain networks suitable for Ethereum. It aims to integrate adaptive Ethereum solutions to promote a multi-chain Ethereum ecosystem.
The main goal of the Polygon is to build a multi-chain ecosystem of Ethereum-enabled blockchains, or the Internet of Blockchains, with a single click. Polygon proposes a system in which various blockchains freely and quickly exchange currency and information, removing technical and philosophical barriers in most blockchains.
Effective collaboration between 123swap and polygons
Effective partnerships and collaboration are critical to the growth of the ecosystem. According to swap, the partnership with promising projects will contribute to the ecosystem’s growth and increase the acceptance of cryptocurrencies. The objectives of the 123swap are to revive the basic concept of DeFi, understand the latest developments, and collaborate with the best and most reliable DeFi technology. The resultant idea of an effective 123swap partnership is not only because of the collaboration with Polygon but also because the two ecosystems share the same vision.
The mission of 123swap is to build a next-generation financial ecosystem by strengthening blockchain technology and expanding the use of cryptocurrencies in purchasing and payment in the financial sector. Partnering with Polygons is a big step towards realizing this mission.
Currently, Polygons live in 123swap
In addition, 123swap expects to partner with many projects that have good benefits in the future.
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