The team at THORChain is excited to announce strategic cooperation with the team at Unizen, which manages the Web3 ecosystem accessible at zcx.com. To facilitate swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa, Unizen has integrated the THORChain settlement layer.
Martin Granström, CTO of Unizen said: “THORChain has devised an exceptionally refined solution that has proven resilient against the trials of time and fluctuations in market conditions, facilitating decentralized liquidity for assets on non-programmable chains. This made THORChain the obvious selection for empowering trades on the Unizen Trade platform involving Bitcoin, Litecoin, Dogecoin, and additional cryptocurrencies.”
Gavin McDermott, CEO of Nine Realms, stated, “Unizen is an excellent venue to offer cross-chain swaps powered by THORChain. The industry has been slowly moving from centralized swap services to DeFi protocols. The goal is to bring the centralized exchange trading experience to users while maintaining the security of self-custody. Unizen already offers a best-in-class experience as a DEX aggregator and we are excited to help them expand their cross-chain routes with native Bitcoin and more.”
A cutting-edge operating system for Web3 apps, Unizen enables users to engage with everything Web3 seamlessly, economically, and securely. Regardless of the underlying blockchain technology, it is intended to offer a non-custodial, uniform user experience for dealing with multiple Web3 applications and assets. The interoperability, affordability, accessibility, and complexity problems afflicting the DeFi space are all uniquely resolved by Unizen.
The trade of native digital assets on many blockchains, including Bitcoin, Ethereum, BNB Chain, Avalanche, Bitcoin Cash, Litecoin, Dogecoin, and Cosmos Hub, is made possible through the THORChain cross-chain liquidity protocol. THORChain does not use wrapped assets and external dependencies like oracles. Making a swap, adding liquidity, or becoming a validator are all permissionless actions. Numerous wallets, exchanges, and DEX aggregators use THORChain’s liquidity to provide their users with in-kind yield and cross-chain swaps.