Symbiosis, the leading multi-chain liquidity protocol, is thrilled to announce the addition of Linea network support, further enhancing its capabilities.
This exciting development enables Symbiosis users to seamlessly perform token swaps not only across different blockchain networks. But also on Linea, the groundbreaking zkEVM rollup network developed by Consensys.
Introducing Linea: Empowering the Ethereum Ecosystem
Linea, as an Ethereum Layer 2 solution, revolutionizes scalability, reduces transaction costs. It also offers a seamless user experience. With the integration of over 100 protocols, developer tools, and dapps, Linea paves the way for scalable applications. It works within the Ethereum ecosystem.
📣We’re thrilled to share that we’ve started to roll out the Linea mainnet alpha release.
— Linea (@LineaBuild) July 11, 2023
Distinguishing itself from Optimistic rollups, Linea places a strong emphasis on network security through advanced cryptography and mathematics. It eliminates the need for validators. Its rapid finality to Ethereum’s Layer 1 ensures superior transaction guarantees on Layer 2. It enables trustless withdrawals for optimized capital efficiency.
Linea’s competitiveness with zk-VM rollups is evident through bytecode compatibility and EVM equivalence. It simplifies the reuse of existing smart contracts and tooling infrastructure.
Unlocking New Possibilities for Liquidity Providers and Swaps Users
This integration heralds exciting opportunities for liquidity providers and swaps users, granting them access to Linea’s enhanced scalability, reduced transaction costs, and improved user experience. By harnessing the combined power of Symbiosis and Linea, users can enjoy the advantages of a cutting-edge Layer 2 solution while experiencing seamless liquidity across different chains.
From now on we support @LineaBuild ✨
— Symbiosis (@symbiosis_fi) July 20, 2023
More About Symbiosis
Symbiosis is a pioneer in multi-chain liquidity, offering a user-friendly platform for effortless token swaps across various networks. It includes EVM and non-EVM chains.
Designed to address liquidity fragmentation and enhance user experience in the web3 economy. Symbiosis provides peace of mind for liquidity providers and offers effortless swaps for users.
One of its latest developments was with Safepal. This will enable Symbiosis users to swap tokens in Telo’s blockchain using Safepal.
Any-to-any swaps through Symbiosis are waiting for you https://t.co/v4ySrB6cd8
— Symbiosis (@symbiosis_fi) July 13, 2023
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