DeFiato is Working on Integrating ChainPort’s Bridge Technology for Cross-Chain Swaps
We are happy to announce that ChainPort & Defiato are working together to integrate ChainPort’s bridge technology onto the Defiato app, making it easier for users to do cross-chain swaps within the DeFiato platform.
ChainPort offers great documentation for Integrating ChainPort into any platform.
From DeFiato Team: ‘We want to work with ChainPort to offer “porting as a service” to facilitate cross chain swaps’
How DeFiato benefit DeFi services that are integrated on the platform?
- Simplicity and user-friendliness are at the core of DeFiato. By integrating with DeFiato, we are able to improve the user experience and allow more users to access the services without technical or user-related hurdles.
- DeFiato will introduce Fiat onramp services in Q1 2022 in partnership with Prime Trust. This allows users to go through the entire DeFi lifecycles from Fiat to DeFi and thus increasing liquidity and adoption of all the integrated DeFi services on DeFiato.
- DeFiato provides multi-chain supports. Currently, we support Ethereum, Binance Smart Chain, Polygon, Avalanche, and Solana, with plans to onboard 10 more chains in Q1 2022. This allows assets to be transferrable across the supported chains and thus increasing liquidity and usage of integrated DeFi services.
What is DeFiato?
DeFiato is a Centralised DeFi (CeDeFi) platform that combines the user-friendly features of a centralized platform with the entire universe of DeFi services. It allows DeFi services such as swapping, yield farming, lending/borrowing, and more to be easily accessible to all users, including those with little or no experience.
Official Links
Website: https://defiato.com/
Telegram: https://t.me/DeFiato
Twitter: https://twitter.com/defiatoofficial
About ChainPort
ChainPort is a next-gen blockchain bridge that provides custodian-level security with real interoperability, allowing instant hops across chains at a click.
ChainPort has been live since July and has already grown to port more than 80 tokens with $400M TVL and an average daily volume of $5M, with a current 30% monthly growth. Position itself as one of the top 5 biggest bridges in the space, and #84 by TVL between all dapps and DeFi’s in the world.
ChainPort offers permissionless ports between chains with a simple UI and 7 wallets already supported. ChainPort is a very fast bridge -12 confirmation on Ethereum, only 2.5 minutes on average!
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