DEX (Decentralized Exchange) PancakeSwap has started a 1 -click cross chain swap using a protocol to solve one of the most urgent user experience (UX) problems in distributed finance (Defi).
Integration allows users to complicate user experience and lower additional fees without using complex blockchain bridges or other external third -party infrastructure.
Through the intention -based transmission of the first half, the user can simply define the desired results, such as swapping USDC (USDC) for Weth (Weth) in Arbitrum, and the relay network competes to fulfill the transaction.
One click cross chain swap allows you to use token swap directly through the interface of the PancakeSwap between the BNB chain, intervention and the base, and simplifies the token transmission that crosses the silver blockchain network.
Historically, Crosschain Activity relied on the blockchain bridge, which was found to be vulnerable.
In 2022, Ronin Bridge of AXIE Infinity was drained in one of the largest passwords in history to more than $ 600 million in cryptocurrency. Hacking aims to be a personal key multiple signature system, which is ultimately a security measure that has been found to be inappropriate.
Chef Kids, the chief chef of PancakeSwap, said, “Cross chain swap using intentional bridge is generally safer because it does not lock the asset in the contract.
“Instead, swaps are solved in real time through the distributed relay network. This setting improves security and provides users with a smoother and faster experience.”
relevant: The reason why the Crosschain infrastructure is a missing class of Defi is as follows.
The organ sees the potential of simplified Defi
Intentional Crosschain swap makes it easier to integrate with existing systems safely, faster and more easily. This can be unlocked the waves of the next institutional defect, and Chef Kids added to Cointelegraph as follows.
“Crosschain swaps reduces operational complexity, reduces the risk of smart contracts, and provides more clear execution paths by avoiding asset locks.”
Hart Lambur, co -founder of Under, also sees the intention -based blockchain infrastructure as the “key to on boarding institution” and a sleeve.
Cointelegraph said, “In general, we provide security, audit and clean runs without the operating overhead, which is needed to interact with the chain.
Other protocols also use cross chain transmission solutions to remove friction related to blockchain bridge.
In October 2024, UNICHAIN proposed ERC-7683, a standard for simplifying cross-chain transactions by formalizing the way information is transmitted in another network. This allows you to choose your order from all protocols.
Vitalik Buterin, the co-founder of Ether Leeum, expresses its support for ERC-7683 and calls it a “public standard for displaying cross chain orders.”
There are 30 solver networks that quickly fill the users and take the final risk through their own funds for the chain throughout the integrated with Uniswapx. Swap takes an average of 3 seconds.
In other places, the DEX Aggregator 1inch alleged that the transaction was made faster and more perfect, providing a 6.5% better swap speed by distributing a passfinder update on June 10.
https://www.youtube.com/watch?v=kk6Gll1-te
magazine: Ethereum L2s can be interacted with ‘within a few months’. A complete guide