InterSwapThe Past, Present, and the Future
Dear InterSwap Community, I want to take a moment to share updates on where we stand as a project, the challenges we are facing, and the way forward.The Past: Inception till 2025Late 2021 to 2022: Early DaysThis era was dedicated to problem identification, product concept & architecture design, and finding & evaluating best-fit solution approachesThe 1st major breakthrough happened with the LayerZero messaging solutionLaunched Beta version among closed circles to capture the feedback – but la...
InterSwapInterRelate 1: Seamless Swaps
The logic behind InterSwap is fairly simple; create a solution better than every other one on the market. And to a large extent, we've managed to do just that. Before InterSwap, bridging was an extremely risky adventure. People who wanted to move their assets from one chain to another had to take extreme precautions to ensure they didn't get hacked by nefarious actors.** ** They didn't just have to take extreme precautions, they also had to go through a series of tedious steps....
InterSwapInterSwap is Integrating with LayerZero
We are thrilled to announce that InterSwap is integrating the LayerZero network to facilitate seamless swaps across chains. This is our first step towards creating a truly decentralized AMM with unified liquidity. InterSwap is an omnichain automated market maker (AMM) that allows users to swap assets across chains in a trustless way. AMMs are arguably one of DeFi's greatest innovations. They're the underlying technology that facilitates token swaps and other forms of trade on decent...
AI first omnichain liquidity unification layer built natively on Axelar
InterSwapThe Past, Present, and the Future
Dear InterSwap Community, I want to take a moment to share updates on where we stand as a project, the challenges we are facing, and the way forward.The Past: Inception till 2025Late 2021 to 2022: Early DaysThis era was dedicated to problem identification, product concept & architecture design, and finding & evaluating best-fit solution approachesThe 1st major breakthrough happened with the LayerZero messaging solutionLaunched Beta version among closed circles to capture the feedback – but la...
InterSwapInterRelate 1: Seamless Swaps
The logic behind InterSwap is fairly simple; create a solution better than every other one on the market. And to a large extent, we've managed to do just that. Before InterSwap, bridging was an extremely risky adventure. People who wanted to move their assets from one chain to another had to take extreme precautions to ensure they didn't get hacked by nefarious actors.** ** They didn't just have to take extreme precautions, they also had to go through a series of tedious steps....
InterSwapInterSwap is Integrating with LayerZero
We are thrilled to announce that InterSwap is integrating the LayerZero network to facilitate seamless swaps across chains. This is our first step towards creating a truly decentralized AMM with unified liquidity. InterSwap is an omnichain automated market maker (AMM) that allows users to swap assets across chains in a trustless way. AMMs are arguably one of DeFi's greatest innovations. They're the underlying technology that facilitates token swaps and other forms of trade on decent...
AI first omnichain liquidity unification layer built natively on Axelar
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In a pivotal stride towards mainnet launch and vision of providing truly seamless omnichain experiences, InterSwap is excited to announce the launch of InterSwap Union, an open to all testnet.
Unlike our previous launches viz. InterSwap Genesis and InterSwap Unfold, which were invite-only, InterSwap Union is open to all, enabling enthusiasts to dive into our ecosystem from the get-go.
Participating in InterSwap Union is a two-step simple process:
Completing Galxe tasks and claiming OAT
Engaging with the protocol to accumulate Interpoints(IP), a quantifiable representation of your journey within InterSwap along with peer-to-peer comparative performance
Essentials to get started
Galxe campaign: https://app.galxe.com/quest/interswap/GCGYrtdm9v
Step by step guide:
https://mirror.xyz/interswaplabs.eth/vAuGGD8G9jTVrGVwTYMxbuGgFbto-y8HLSupDjbu3KE
Participating in the protocol leaderboard has 3 key elements:
Earning Interpoints (IP)
Interpoints accumulation and calculation
Incentives
1. Earning Interpoints (IP) : Once on InterSwap there are 2 ways to earn Interpoints
Swap
Add liquidity
Feel free to report any bugs in the form HERE or on Discord
2. Interpoints accumulation and calculation :
The table below outlines the IP accumulation and guiding logic
Examples: Adding Liquidity
Assuming initial liquidity to start off with = 0 (Zero)
**3\. Incentives**
InterSwap has reserved a healthy allocation of 7% of total supply for Community. The token ticker, full tokenomics, and other related details would be announced closer to the Mainnet launch. This is from a safety point of view. The Mainnet date is yet to be announced and don't trust any other sources other than InterSwap official sources.
The precise reward per wallet will be articulated and announced post the closure of InterSwap Union. This determination is contingent upon the final user count at the conclusion of the testnet period.
Lastly, both Interpoints and tokens will play pivotal roles in governance, yield opportunities, and forthcoming benefits.So, in nutshell, this testnet presents opportunities driven not only by enticing incentives but also by the inherent quality and promise our product has to offer.
The resounding success of our previous testnet launches speaks volumes:
70,000+ wallets granted access.
165K total swaps executed.
Creation of ~290 Custom Liquidity Pools.
Average transactions per wallet stood at ~15.
Over 257K cross-chain messages transmitted.
What is InterSwap and what makes it stand out?
InterSwap is the first composable liquidity unification layer and an Omnichain AMM on Axelar It aims to unify the liquidity spread across chains & dApps, eliminate associated risks, boost capital utilization & efficiency, and provide a seamless user experience It’s a fresh approach to the legacy issues in the cross-chain ecosystem filled with sub optimal existing solutions viz. bridges, CEXes, aggregator, and other solutions that comes with their own limitations and risks Standout features:
Unified liquidity for deeper liquidity and better rates
Direct native swaps for both 1:1 and non 1:1 assets
Permissionless pools creation
Single asset and permissionless liquidity provision for better capital utilization
Fiat liquidity provision and Cross Chain Smart Routing (CCSR) for additional liquidity injection
InterSwap Union is the final leg of our journey towards Mainnet. Going forward our unwavering focus remains will revolve along the following agendas:
Expand chain integrations and refine existing testnet versions.
Continuously introduce new features to enhance user experience.
In a pivotal stride towards mainnet launch and vision of providing truly seamless omnichain experiences, InterSwap is excited to announce the launch of InterSwap Union, an open to all testnet.
Unlike our previous launches viz. InterSwap Genesis and InterSwap Unfold, which were invite-only, InterSwap Union is open to all, enabling enthusiasts to dive into our ecosystem from the get-go.
Participating in InterSwap Union is a two-step simple process:
Completing Galxe tasks and claiming OAT
Engaging with the protocol to accumulate Interpoints(IP), a quantifiable representation of your journey within InterSwap along with peer-to-peer comparative performance
Essentials to get started
Galxe campaign: https://app.galxe.com/quest/interswap/GCGYrtdm9v
Step by step guide:
https://mirror.xyz/interswaplabs.eth/vAuGGD8G9jTVrGVwTYMxbuGgFbto-y8HLSupDjbu3KE
Participating in the protocol leaderboard has 3 key elements:
Earning Interpoints (IP)
Interpoints accumulation and calculation
Incentives
1. Earning Interpoints (IP) : Once on InterSwap there are 2 ways to earn Interpoints
Swap
Add liquidity
Feel free to report any bugs in the form HERE or on Discord
2. Interpoints accumulation and calculation :
The table below outlines the IP accumulation and guiding logic
Examples: Adding Liquidity
Assuming initial liquidity to start off with = 0 (Zero)
**3\. Incentives**
InterSwap has reserved a healthy allocation of 7% of total supply for Community. The token ticker, full tokenomics, and other related details would be announced closer to the Mainnet launch. This is from a safety point of view. The Mainnet date is yet to be announced and don't trust any other sources other than InterSwap official sources.
The precise reward per wallet will be articulated and announced post the closure of InterSwap Union. This determination is contingent upon the final user count at the conclusion of the testnet period.
Lastly, both Interpoints and tokens will play pivotal roles in governance, yield opportunities, and forthcoming benefits.So, in nutshell, this testnet presents opportunities driven not only by enticing incentives but also by the inherent quality and promise our product has to offer.
The resounding success of our previous testnet launches speaks volumes:
70,000+ wallets granted access.
165K total swaps executed.
Creation of ~290 Custom Liquidity Pools.
Average transactions per wallet stood at ~15.
Over 257K cross-chain messages transmitted.
What is InterSwap and what makes it stand out?
InterSwap is the first composable liquidity unification layer and an Omnichain AMM on Axelar It aims to unify the liquidity spread across chains & dApps, eliminate associated risks, boost capital utilization & efficiency, and provide a seamless user experience It’s a fresh approach to the legacy issues in the cross-chain ecosystem filled with sub optimal existing solutions viz. bridges, CEXes, aggregator, and other solutions that comes with their own limitations and risks Standout features:
Unified liquidity for deeper liquidity and better rates
Direct native swaps for both 1:1 and non 1:1 assets
Permissionless pools creation
Single asset and permissionless liquidity provision for better capital utilization
Fiat liquidity provision and Cross Chain Smart Routing (CCSR) for additional liquidity injection
InterSwap Union is the final leg of our journey towards Mainnet. Going forward our unwavering focus remains will revolve along the following agendas:
Expand chain integrations and refine existing testnet versions.
Continuously introduce new features to enhance user experience.
Learn more about InterSwap here:
Stay tuned for updates, and remember, trust only InterSwap's official sources for accurate information.
Experience inclusive participation & unbounded potential with InterSwap Union!
About Interswap
InterSwap is the first composable liquidity unification layer and an Omnichain AMM on Axelar. It aims to unify the liquidity spread across chains & dApps, eliminate associated risks, boost capital utilization & efficiency, and provide a seamless user experience.
Learn more about InterSwap here:
Stay tuned for updates, and remember, trust only InterSwap's official sources for accurate information.
Experience inclusive participation & unbounded potential with InterSwap Union!
About Interswap
InterSwap is the first composable liquidity unification layer and an Omnichain AMM on Axelar. It aims to unify the liquidity spread across chains & dApps, eliminate associated risks, boost capital utilization & efficiency, and provide a seamless user experience.
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