Flow Traders, a liquidity provider with multiple asset classes and a public trading platform, has joined the Solver network that supports Multichain Token Swaps.
Wormhole announced on 30 October that Flow Traders has joined as a solution and the recently launched cross-chain transaction function of the interoperability platform, composable intents, will support. Flow Traders joins Wormhole’s (W) Solver network that includes Google Cloud and AMD.
You might also like: Mantra Chain adds Google Cloud as a primary validator
The “Solters” of Wormhole ensure that transfer requests over the entire chain are filled in in real time, giving users the best rates for their transactions. The addition of flow traders to the network aims to strengthen cross-chain swaps through its liquidity and implementation speed.
To support this, the market maker will apply his traditional experience in providing financial liquidity to decentralized financing.
The cooperation between Flow Traders and Wormhole follows a series of important integrations for the interoperability platform. Dragonfly supported by Dragonfly Agora, Wormhole added earlier this month as an interoperability provider for the Stablecoin Ausd.
On-chain protocol platform Infinex also integrated Wormhole as a primary interoperability provider, whereby the partnership was used to drive its decentralized financial app with multiple chains.
Deep Blue, a publisher of Stablecoins based from Jersey, announced his collaboration with the platform on 29 October and chose to use Native Token Transmissions of Wormhole for Multichain transactions for his Stablecoin.
Other platforms that use Wormhole’s technology are Circle, Uniswap, Sky (formerly Makerdao), Securitize and Lido.
In the meantime, the urge of the market to interoperability has extended the reach of Wormhole to more than 30 top blockchain networks, with usage scenarios that include decentralized finances, non-funded tokens and governance.
You might also like: Nansen and Scroll work together for blockchain growth and improved analyzes
Credit : cryptonews.net
