ChainFlip - NATIVE CROSS CHAIN SWAPS - DeFi
https://chainflip.io
https://twitter.com/chainflip?s=21
ChainFlip
NATIVE CROSS CHAIN SWAPS
Enabling Frictionless Value Transfer Across Ecosystems
No specialised software
No custom wallet
No pre-deposit
No collateral
No wrapped/synthetic counterparty asset
Powered by FLIP
Chainflip’s token, FLIP, is used as collateral by Validators to provide economic security to the network. The protocol charges a fee between 0.10% and 0.20% for every swap. This fee is used to buy and burn FLIP tokens directly from the Chainflip AMM.
Built on Substrate
The Chainflip protocol is enshrined in a Proof-of-Stake blockchain we call the State Chain. Built using Substrate, the State Chain is natively capable of handling assets within the Polkadot ecosystem.