Especially for the DigiU community, we have prepared a quick summary of the functionality EYWA will have when it launches in the mainnet, which will happen very soon!
????Cross-Chain Stablecoin Exchange
Stable swap pools allow you to exchange USDT, USDC, DAI and BUSD between Ethereum, BNB chain, Arbitrum, Avalanche, Polygon, and Fantom blockchains efficiently and with low slippage. The advantage of the pools is that they require several times less liquidity than competitors to operate efficiently.
????Cross-Chain EUSD Stablecoin
EUSD is a non-algorithmic cross-chain stablecoin that is 100% backed by the largest blockchain stablecoins in the EYWA exchange pool.
EUSD has the following benefits: it moves between blockchains without any fees and converts to all popular stablecoins (USDT, USDC, DAI and BUSD) across all supported networks: Ethereum, BNB chain, Arbitrum, Avalanche, Polygon, and Fantom efficiently and with low slippage.
????Cross-Chain Zap Transactions
Zap transactions make the user experience as simple as possible. In just 1 transaction, a user can make various financial transactions in other blockchains. To do so, a user would simply need to pay a gas fee either in the source network native token or from the body of his/her deposit.
????Cross-Chain DEX Aggregator
It gives you the ability to trade quite an extensive number of tokens. For example, a token may have a liquidity pool on another DEX, the liquidity aggregator can support trading of that token. The advantage of the cross-chain DEX aggregator for the end user is that it supports many tokens on different networks that can be bought or sold. Later, the mechanics will be improved, and the user will be able to swap any token from one network for any token from another network.
The EYWA technical release is scheduled for the end of October! In the meantime, stay tuned, react to this post and share it with your friends and partners!
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