TORONTO, January 18, 2023 / AlexaBlockchain/ – Swing, a decentralized cross-chain liquidity protocol, announced today the launch of a new widget and software developer kit (SDK) that enables cross-chain implementations with just two lines of code. Swing’s new web3 software tools help unify cross-chain liquidity and bridge aggregation, significantly simplifying cross-chain development and increasing liquidity with lower friction.
Integrating bridges one by one to enable cross-chain dapps is a process that typically takes weeks to complete. Using the Swing SDK this process will take a few hours, or just minutes using the widget. Interoperability, or the ability of blockchains to break out of their silos and freely communicate with each other, is the key to fueling growth for the crypto industry. Cross-chain communication protocols enable the transfer of both data and value between two or more different blockchain networks.
“Accessing cross-chain liquidity is crucial for the ongoing expansion of the blockchain and cryptocurrency sector,” said Founder of Swing, Viveik Vivekananthan. “Liquidity in the crypto space will move across different networks like a superhighway, reaching the protocols that are best equipped to cater to the influx of new users entering the web3 ecosystem.”
The current go-to-market time for developers building or integrating cross-chain apps is weeks or months, due to resource-intensive and time-consuming tasks like maintaining bridges and protecting against security breaches such as bridge hacks. The Swing widget and SDK will improve the overall experience for cross-chain developers by eliminating these pain points and unifying cross-chain liquidity and bridge aggregation.
More Efficient Development with Swing Widget, SDK, and API
The combined effect of the Widget, SDK, and API or the impact of cross-chain liquidity and bridge aggregation features available together is helpful for developers in many ways.
For instance:
- The Swing SDK & Widget makes user onboarding a seamless experience, enabling the implementation of cross-chain solutions effortless.
- The easing out of the process results in reduced engineering hours, helping hit the market faster.
- Providing integrated bridges to facilitate token transfers across Major EVM and Non-EVM networks becomes a smooth task. There is hardly a need to monitor, maintain, and integrate ten or more bridges simultaneously.
Swing supports 21 Ethereum Virtual Machine (EVM) networks, including Ethereum, Polygon, BNB Chain, Avalanche, Arbitrum, Optimism, Moonbeam, Aurora, and more. Four non-EVM networks to be added soon include Solana, Cosmos, Polkadot, and Elrond.
About Swing
Swing is a decentralized cross-chain protocol that facilitates cross-chain communication by connecting dApp developers to blockchains, ecosystems and decentralized liquidity. It serves as a unified liquidity integration platform that aggregates across cross-chain bridges, decentralized exchanges, and DEX aggregators.
SOURCE: Swing