Home AI Swing Launches Web3 Development Tools to Access Cross-Chain Liquidity and Accelerate Cryptocurrency Adoption

Swing Launches Web3 Development Tools to Access Cross-Chain Liquidity and Accelerate Cryptocurrency Adoption

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Swing Launches Web3 Development Tools to Access Cross-Chain Liquidity and Accelerate Cryptocurrency Adoption

Source: news.google.com

New widget and SDK simplify developer experience and reduce development time for Bridge integrations from weeks to hours

TORONTO, ON / ACCESSWIRE / January 18, 2023 / Rhythm, a decentralized cross-chain liquidity protocol, today announced the release of a new widget and SDK that enables cross-chain implementations with just two lines of code. Swing’s new web3 software tools help unify cross-chain liquidity and bridge aggregation, significantly simplifying cross-chain development and increasing liquidity with less friction.

Integrating bridges one by one to enable cross-chain dapps is a process that typically takes weeks to complete. Using the Swing SDK, this process will take a few hours, or just a few minutes using the widget. Interoperability, or the ability of blockchains to break out of their silos and communicate freely with each other, is the key to fueling the growth of the crypto industry. Interchain communication protocols allow the transfer of data and value between two or more different blockchain networks.

“Accessing cross-chain liquidity is crucial to the continued expansion of the blockchain and cryptocurrency industry,” said Swing founder Viveik Vivekananthan. “Liquidity in the crypto space will move through different networks like a superhighway, reaching the protocols that are best equipped to serve the influx of new users entering the web3 ecosystem.”

The current time-to-market for developers building or integrating cross-chain applications is weeks or months, due to time- and resource-intensive tasks such as maintaining bridges and guarding against security breaches such as hacking. bridges. The Swing widget and SDK will improve the overall experience for cross-chain developers by eliminating these pain points and unifying cross-chain liquidity and bridging aggregation.

More efficient development with Swing Widget, SDK and API

The combined effect of the Widget, SDK, and API or the impact of cross-chain liquidity and bridging aggregation functions available together is helpful to developers in many ways.

For example:

  • Swing SDK & Widget makes user onboarding a seamless experience, enabling effortless implementation of cross-chain solutions.

  • Simplifying the process results in reduced engineering hours, helping to get to market faster.

  • Providing built-in bridges to facilitate token transfers across major EVM and non-EVM networks becomes a simple task. There is almost no need to monitor, maintain and integrate ten or more bridges simultaneously.

Swing supports 21 Ethereum Virtual Machine (EVM) networks, including Ethereum, Polygon, BNB Chain, Avalanche, Arbitrum, Optimism, Moonbeam, Aurora, and more. The four non-EVM networks to be added soon include Solana, Cosmos, Polkadot, and Elrond.

About the swing

Swing is a decentralized cross-chain protocol that facilitates cross-chain communication by connecting dApp developers with blockchains, ecosystems, and decentralized liquidity. It serves as a unified liquidity integration platform that is aggregated through cross-chain bridges, decentralized exchanges, and DEX aggregators.

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Media Contact:

Dan Spencer
Dan@energentmedia.net

FONT: Rhythm

View the source version at accesswire.com:
https://www.accesswire.com/735534/Swing-Launches-Web3-Developer-Tools-to-Access-Cross-chain-Liquidity-and-Accelerate-Crypto-Adoption

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