Cover photo

Meson.fi What, Why, and How?

Let’s ask a question first, who is Meson? In this case, Meson isn’t a person. “Meson” is used as a name for a class of particles in quantum mechanics. Word “Meson” comes from Greek which means “middle”. Hideki’s theory says that mesons transmit the attractive interaction between protons and neutrons, acting as a bridge between them. Because of the existence of mesons, a few types of elementary particles can be combined to produce countless possibilities. Right as Meson is, connecting two chains to interact between them and bridge from one to another. Meson.fi, looking for endless opportunities and countless possibilities.

What is Meson’s vision?

Each day more users interact with blockchain and cryptocurrency. They face massive amounts of different chains and coins. Dozens of DEXes and Bridges. Lots of comparing stablecoins in different chains with different contracts. Meson is the ultimate bridge between protons and neutrons, between users and chains, and between projects and ecosystems.

The main focus of Meson is always directed at a common user experience and friendly interface. Taking care of users to secure low-cost swaps with no need to understand the basics of smart contracts and/or knowledge in contract explorers. Meson always takes care of the community, from retail investors to big tech companies.

Meson has two different plans of subscription for users. The basic is free to use and the Premium is for the ones who need extra privileges. Needless to say, the subscription plan may be paid in any kind of crypto on any chain Meson supports.

Basic and Premium subscriptions
Basic and Premium subscriptions

How is Meson.fi different from other bridges?

Meson's strong sides that others may not have. The fast speed and Low-Cost swaps will complete between 1–2 minutes. Direct exchange of various leading stablecoins between chains, no need to hold wrapped stablecoins in an intermediate state during the transaction. Security is the main strong side that Meson not going to compromise on. Meson runs on top of cross-chain bridges, it’s not a strong dependency. This means that funds do not need to be locked in the pools of bridges, and the core assets will have a higher utilization under the premise of absolute security. The safety hazards or instability of the bridge itself will not affect the operation of Meson. Meson uses the technology of Atomic Swap which means that assets do not have to pass through the hands of a third party and will not be stuck in the contract.

Atomic Swap — How is it work? You can read the long explanation in Meson’s DOCS or let’s say it shortly. Atomic swaps are = when you looking for someone to buy your 1 BTC at exact conditions, locking this BTC in a transaction with hash and sharing the hash, when someone accrues and wants to fulfill your terms of the swap, he locks funds from his side and you make a swap between yourself by approving the releasing funds with Tx.

I suggest you read the DOCS :D

Meson implements this technology of Atomic swaps and provides users the tools to send funds through Liquidity Providers' Pools with no need to pay transaction fees. On the other hand LP’s receive better capital utilization efficiency — LPs can choose to provide one pool of funds for a one-way swap, or even more pools of different conditions. Win-Win situation.

Here you can check the video tutorial for swapping stablecoins.

Play Video

Partners and Integrations

Today, Meson.fi supports 14 chains, among them leading chains like Etherium, Aptos, Avalanch, Binance Smart Chain, Polygon, Tron, Evmos, and more. These integrations were made for giving a wide range of swapping possibilities and connections for ecosystems on different chains. Almost soon there will be added chains like Solana, zkSync, and in my private opinion SUI and others still in developments L1 chains as well.

Meson already onboarded many supported wallets, so any user may feel enough comfortable to use the platform while bridging and swapping. You freely can work with MetaMask, Trust Wallet, Coin98, Petra, Martian, Pontem, Fewcha, and Tron link wallets. This available number of wallets pulls to the platform many users from different chains. More chains, and more wallets soon.

Investors

Important to understand who stands behind this development process and who covers the costs of development. We know that Meson has raised a $4 Million funding round led by GSRV, a global web3 institutional investor. BAI Capital, Plug and Play, Mirana Ventures, M77 Ventures, SNZ Capital, A&T Fund, and Smarti Labs also participated in the round. The raised funds will be used towards ecological partnerships and growth for the whole Meson Platform.


If you found this interesting please like and follow for more exciting content. Invite you to follow my Twitter for daily guides and quick tutorials on DeFi strategies and other unique content.

https://opensea.io/assets/0x2953399124F0cBB46d2CbACD8A89cF0599974963/14881578895871554858976907186353286250444632449303032840882971996530518524404