multichain.xyz Reviews

Symbiosis, a decentralized multi-chain liquidity protocol, is called. It allows users to exchange tokens between all chains while remaining the sole owner of the funds. The following requirements are met by the Symbiosis protocol: Uniswap-like UX, but simple There are no additional wallets, waiting times, or additional steps required to complete a swap. -Fully decentralized It connects any chain that receives enough market attention. Our ultimate goal is to connect all networks. -Non-Custodial Symbiosis staff and no other individual have access to user funds. -Limitless cross-chain Liquidity It targets as many token pairs across all chains as possible while offering the best prices to swap between any token pair.

Horizon is a cross-chain bridge that allows exchange of crypto assets (e.g., fungible/non-fungible tokens, stablecoins) between Ethereum, Binance Smart Chain and Harmony blockchains. Horizon's primary purpose is to allow assets to be transferred from Ethereum (or Binance Smart Chain to Harmony). Users can exchange assets held on Ethereum (or Binance smart Chain) to Harmony (1:1). Horizon allows users to redeem the exchanged assets back into their Ethereum (or Binance Smart Chain account) at any time. A pool of validators that listens for events on the Harmony bridge smart contract and Ethereum. The pool of validators validates a token lock action on Ethereum blockchain and relays the finalized information onto the Harmony blockchain. Here, the same amount is minted as a bridged token. The pool of validators validates a bridged token burning event on Harmony blockchain and relays the finalized information.