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Symbiosis: Innovative cross-chain AMM DEX connecting 34 Blockchain ecosystems
The Innovation of Cross-Chain Trading: Symbiosis One-Stop AMM DEX Platform
With the rapid development of blockchain technology, interoperability and liquidity issues have become core challenges faced by the industry. The emergence of different blockchain networks and virtual machine environments has created an urgent need for users and developers for a solution that can seamlessly exchange assets across multiple networks. Symbiosis has emerged as a cross-chain AMM DEX platform aimed at addressing these issues.
The main issues of current cross-chain trading
Core Functions and Technical Architecture of Symbiosis
Symbiosis is a decentralized cross-chain automated market maker platform that aggregates liquidity from different blockchains, including EVM-compatible and non-EVM-compatible chains, as well as the BTC ecosystem. Its core functionalities include:
Advantages of Symbiosis
Market Performance of Symbiosis
Symbiosis has currently processed over 2.5 billion USD in exchange volume, completed more than 2.34 million transactions, and interacted with nearly 390,000 wallets. The platform has been integrated into several large aggregators and has collaborated with multiple well-known projects.
SIS Token and Its Functions
SIS is the governance token of Symbiosis, with a maximum supply of 100 million, of which 65% is currently in circulation. The main functions of SIS include governance voting, protocol security, and incentives. Holders can stake SIS to obtain veSIS, enjoying various rights such as participating in airdrops, voting rights, and increased yields.
Future Outlook
Symbiosis is reshaping the way assets are exchanged within the blockchain ecosystem. With the addition of more blockchain networks and the introduction of liquidity sources, Symbiosis is poised to further solidify its position in the Web3 ecosystem and become a leader in the cross-chain technology space. For users and developers looking to freely move funds across different blockchains, Symbiosis is a platform worth paying attention to.