Dubai, United Arab Emirates, April 25, 2023, Chainwire
The team at Unizenexploiting the Web3 ecosystem present on zcx.comis pleased to announce a strategic partnership with the team of THOR Chain. Specifically, Unizen has integrated the THORChain settlement layer to enable trading between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa.
“THORChain has designed an exceptionally refined solution that has proven to be resilient to the test of time and fluctuating market conditions, facilitating decentralized liquidity for assets on non-programmable chains,” says Martin Granström, CTO of Unizen. “This has made THORChain the obvious choice to enable transactions on the Unizen Trade platform involving Bitcoin, Litecoin, Dogecoin and other cryptocurrencies.”
“Unizen is a great place to offer cross-chain swaps powered by THORChain. The industry has slowly moved from centralized exchange services to DeFi protocols. The goal is to provide users with a centralized trading experience while maintaining the security of self-preservation,” said Gavin McDermott, CEO of Nine Realms. “Unizen already offers a top-notch experience as a DEX aggregator and we’re excited to help them expand their cross-chain routes with native Bitcoin and more.”
Unizen is a state-of-the-art operating system for Web3 applications that allows users to seamlessly, cost effectively, and securely interact with all things Web3. It is designed to provide a non-custodial and unified user experience for interacting with various Web3 applications and assets, regardless of the underlying blockchain technology. Unizen uniquely solves the complexity, accessibility, cost, and interoperability issues plaguing the DeFi space.
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THORChain is a cross-chain liquidity protocol that facilitates the exchange of native digital assets across multiple blockchains, including Bitcoin, Ethereum, BNB Chain, Avalanche, Bitcoin Cash, Litecoin, Dogecoin, and Cosmos Hub. THORChain does not use wrapped assets or external dependencies like oracles. It is permissionless to become a validator, add liquidity, or make a trade. Dozens of DEX wallets, exchanges and aggregators use THORChain liquidity to offer in-kind returns and cross-chain trading to their users.
Sean David Noga