123 swap an all-in-one platform for various DeFi clarifications that provide multiple strings of blockchain assets will soon start using a polygon.

123 swaps use smart contracts to automate and accelerate the swap process. However, it seeks to continually improve its internal processes to provide better and more effective services to its loyal customer base.

What better way to build meaningful cooperation than with the blockchain project under development?

Actually, what is Polygon?

Polygon is an Ethereum-compatible blockchain system configuration and linking protocol and architecture. It brings together scalable ethereum solutions to support multi-chain ethereum ecosystems.

Main Obstacle:

Ethereum is the most famous blockchain developing platform, despite its many serious shortcomings, including low throughput. Lower user experience (gas, delayed PoW finality) and shortness of supremacy (shared throughput/blocking risk, uncustomizable technology stacks, governance dependencies). Many projects are looking for a blockchain compatible with Ethereum to circumvent these problems while exploiting its growing ecosystem. However, there is no specific infrastructure to create such blockchains and no mechanism to connect them. It has led to considerable development problems and ecosystem fragmentation.

How Polygon changed the game:

Polygon is a one-click arrangement of predefined blockchain interfaces. It is a contract and structure for building and combining Ethereum-compatible blockchain interfaces. It has an expanding range of modules for creating custom networks. It provides interoperability standards for Ethereum and other blockchain networks to exchange arbitrary information. A highly secure architecture characterizes it with customized modules that allow the current blockchain network to communicate with each other.

The primary aim of Polygon:

Polygon’s primary purpose is to generate a “blockchain Internet” or a multi-chain ecosystem of Ethereum-fit chains. It tries to give developers a single click to create their unique Ethereum-compatible blockchain by providing a straightforward platform. Polygon proposes a system in which different blockchains exchange money and information freely and rapidly, removing most blockchains’ technical and ideological barriers

Regarding 123swap

The 123swap platform is a decentralized trading ecosystem that empowers seamless peer-to-peer shift of encrypted capital. It offers simple, transparent, and convenient swaps and revenue and investment management options, all without intermediaries. The platform’s goal is to make trading in cryptocurrencies as straightforward as possible while minimizing slippage points.

The 123swap platform offers a variety of DeFi options for blockchain assets across multiple chains.

 

• NFT coinage
• Interchange
• Mortgage
• Yield farming

 

The cross-chain rate transfer mechanism enables platform users to trade directly on any chain in a peer-to-peer manner.

The mission of 123 Exchanges is to create the next generation of financial ecosystems by authorizing blockchain technology and expanding the use of cryptocurrencies for purchasing and payments throughout the financial sector.

Read more at

https://exchange.123swap.finance and https://123swap.finance/

 

Source: Plato Data Intelligence