Look who’s making life easier for us crypto traders. Velodrome, the reigning champ of decentralized exchanges (DEX) on Optimism, just dropped a bombshell- SuperSwaps. And let me tell you, this is going to change the way we do token swaps.
SuperSwaps isn’t your typical bridging solution that involves jumping through hoops or trying to make sense of token wrappers. No, no, this bad boy allows native token swaps across the Superchain ecosystem without all the usual headaches. You can swap tokens directly across Superchain networks using Velodrome’s interface. It’s like someone finally made cross-chain swaps user-friendly—thank you, Velodrome.
For those who’ve been through the pain of using traditional cross-chain solutions, you’ll know that they often involve a bunch of fragmented liquidity and complex bridges. Well, SuperSwaps just swooped in to make those a thing of the past. It integrates DEXs across multiple Layer 2 chains using the Hyperlane interoperability protocol, which sounds way cooler than it is complicated.
SuperSwaps Brings the Magic to the Superchain
Now, let’s get into the good stuff: the Optimism Superchain. This is a network of interconnected Layer 2 blockchains built on the OP Stack. Some of the players in this game include OP Mainnet, Soneium, Lisk, Swellchain, Ink, Celo, and Unichain—just to name a few. Velodrome has DEXs spread across these chains, and SuperSwaps allows native swaps between them. Yes, you heard me right, native swaps. It’s that easy.
But that’s not all. Velodrome is currently sitting on a cool $92 million in total value locked (TVL), which makes it a central liquidity hub for the Superchain. And let’s not forget its sister project, Aerodrome, which happens to be the largest DEX on Base by volume. Pretty impressive, huh?
Both Velodrome and Aerodrome follow a similar playbook, decentralized finance incentives and vote-escrowed governance. They’re forks of Solidly, built using Andre Cronje’s ve(3,3) tokenomics model. Translation: You stake VELO or AERO tokens to get your hands on veVELO or veAERO, and boom, you get a share of the protocol fees based on your voting power. It’s like getting paid to have an opinion.
So, Velodrome just made cross-chain token swaps as easy as pie. No more complicated bridges, no more wrapping tokens, just smooth swaps across the Superchain.
Matvii Diadkov
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