The multi-chain liquidity protocol Symbiosis Finance has announced a string of new partnerships to expand its functionality, according to project representatives.
Integration with the cross-chain bridge ChainSwap will give users the ability to find the best price with minimal slippage without leaving the platform.
“Senders choose the token, the blockchains between which they want to transfer it, and enter the amount. The whole process happens behind the scenes — users do not need to switch between different interfaces,” the project representatives said.
As part of the collaboration with the the Milkomeda protocol, the Symbiosis Finance team created a bridge between the native stablecoin sUSDC and MilkADA (mADA). This will help customers perform any swaps between Ethereum and MaDA and back.
Thanks to Milkomeda, non-EVM EVM blockchains gain access to a range of sidechain tools.
“Since Milkomeda does not have its own stablecoin, a dedicated pool was created for the initial swaps. All asset routing will be conducted through mADA,” the developers added.
The collaboration with Milkomeda simplifies swaps between EVM networks and Cardano.
Symbiosis Finance has also integrated into the Rubic cross-chain swap aggregator in the Ethereum, BNB Chain, Polygon, Avalanche and BOBA networks. The partnership will increase the speed and capabilities of asset exchanges.
Earlier in May, Symbiosis Finance integrated the liquidity aggregator from the decentralized exchange 1inch to facilitate asset swaps between EVM-compatible networks.
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