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The blockchain space today is fragmented, with Ethereum maintaining its dominance and other players like Solana, Avalanche, among others, giving it tough competition. Slowly but steadily, blockchains other than Ethereum are increasing their market share, taking the industry down the road of multi-chain, which has many benefits, but their share of downsides, as well.
The first issue, which arises for crypto users, is the irregular distribution of liquidity across various blockchains. The next issue is that a user will have to use multiple applications just to get the most efficient trade routes for exchanging their tokens. Both of these problems are enough to throttle down the amazing growth that the crypto industry has observed so far. It's not as if no protocols are trying to solve the problem. It's just that they are failing at it because of their inherent deficiencies, which we will highlight here.
The current protocols aiming to solve this problem are way too complicated for users, as they require a user to go through a multi-step process, making it a time-intensive task. On top of that, their UX makes matters worse for the average crypto user. So, the question is, what’s the solution to this problem?
Well, that’s where Symbiosis Finance comes into the picture. With our innovative protocol, we have made it possible to move funds across different chains at low slippage. Highlighting “Low Slippage” is crucial here as high slippage is another cause of concern among crypto users.
So, if you are looking for the best crypto exchange rates, Symbiosis is the first protocol you should visit. After all, Symbiosis scans for the
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