Velora and Across partner to enable cross-chain swaps across 17 networks

Velora plans to take advantage of the protocol through to allow users to make crossed exchanges in a single transaction.

Transversal interoperability is one of the most important trends in crypto today. On Thursday, April 17, the Dex Velora platform joined a protocol through the protocol. In a press release shared with Crypto.News, the company said that the partnership will allow users to easily exchange assets on several chains.

The integration of the protocol through the Velora will allow assets to exchange assets over more than 17 channels. In addition, traders will be able to execute exchanges between one of these channels in a single transaction.

Velora uses the protocol through for better user experience

As a general rule, exchanging assets through the channels is to wrap the tokens, to fold them to another chain, then exchange the wrapped tokens on a Dex which takes care of the pair. The process can be technical for inexperienced users.

While Velora is still obtaining liquidity of several Dex, the entire process will now work behind the scenes, thanks to the protocol through. According to Mounir Benched, founder of Velora, this is a major step towards creating complex blockchain without seam for users.

“By combining the optimization of velora trading with the cross -capacities, we create a unified experience which makes the complex interactions of blockchain without seam”, Benchedled, Velora.

Cross exchanges will focus on Ethereum (Eth) Ecosystem, punching 17 virtual compatible chains Ethereum. The company declares that it is an important step to make the EMV ecosystem more interoperable and compatible.

Transversal interoperability is one of the most important trends in crypto today. Different chains have different strengths, whether decentralization or speed. It also means that they are best suited to specific use cases.

Ethereum ecosystem, in particular, has a shared technological base. This allows Ethereum and its layer 2 networks to communicate transparently, allowing the DAPP and DEFI protocols to operate on several channels.